The demand for graphite and carbon nanomaterials in the rapidly growing EV-industry is estimated to reach 10 million tons by 2030, and a shortage is already evident. Graphite is either mined or synthesized out of fossil fuels resulting in 5.3 kg CO2eq/kg and 13.8 kg CO2eq/kg respectively. This is not sustainable.
UP Catalyst produces sustainable graphite and carbon nanomaterials out of industrial exhaust CO2, which are carbon negative as 3.7 tons of CO2 is consumed per ton of material produced. They use the technology of Molten Salt Carbon Capture and Electrochemical Transformation (MSCC-ET) for the production of sustainable carbon materials. The process is powered by either wind, solar or hydro energy resulting in a carbon negative production line.
Using CO2 as feedstock, an abundant local resource, enables production to take place anywhere in the world. They offer a wide range of products: CNTs, CNFs, hard carbon, carbon black, graphene and graphite.
KEY CUSTOMERS AND INTERNATIONAL PRESENCE
UP Catalyst’s key customers are electric vehicle battery manufacturers like Univercell, Godi Energy, StoreDot, BritishVolt who opt for sustainable production methods. Their customer base goes beyond European borders, and includes customers from Israel, India, and Australia.
The founding team alone has more than 15 years of experience in developing carbon materials. They have 5 PhD holders and 50+ scientific publications combined. All of their key members have 7+ years of experience in their fields of expertise.
Unique selling point
Competitors emit on average 224 tons of CO2 for each ton of carbon material produced. In comparison, UP Catalyst captures 3.7 tons of CO2. Their production method (MSCC-ET) is 60 times more energy efficient, consuming only 12.5 kWh/kg compared to the CVD which consumes 800 kWh/kg.
UP Catalyst are currently raising funds and they are looking for investors from Japan and South Korea and would like to connect with potential customers like Panasonic, Samsung, CATL, LG, SK Inc., etc.
GET IN TOUCH WITH