Head of Business Development, Dioxycle

While there is a bright future in technologies that allow manufacturers to produce materials from their carbon emissions, cost is likely to prove a major challenge for Dioxycle. Regardless of green credentials, producers will be looking for value for money in sourcing materials, and high energy costs are a major expense in Dioxycle's process. However, the company has produced several proofs of concept since the company's founding, each more efficient than the last, and funding will be used in the construction of an industrial prototype showcasing the company’s efficiency.

Going forward, the company hopes to be able to take advantage of environmental tax credits for sustainable technology, providing a green credit to companies using its processes that offset the increased energy use. As climate change approaches a tipping point, Dioxycle is likely to play an important role in reducing industrial emissions in the manufacturing process, as well as providing a major source of a widely used manufacturing material.