Coca-Cola, Liquid Light Sign Tech Development Pact to Make Key Plant Bottle Component from Waste CO2
July 20, 2015
By: Jim Lane
In New Jersey, Liquid Light and Coca Cola have signed a technology development agreement to accelerate the development
of mono-ethylene glycol (MEG) from carbon dioxide. Liquid Light‘s technology enables more efficient use of plant material to make MEG, one of the major components used to make The Coca-Cola Company’s plant-based PET plastic bottle, representing up to 30% of Plant Bottles by weight.
For example, a bio-ethanol production facility could make bio-MEG from the CO byproduct that results from converting plant material into ethanol. The technology has the potential to reduce both the environmental footprint and the cost of producing MEG.
CokeLiquid Light‘s first process is for the production of ethylene glycol, with a $27 billion annual market. Liquid Light‘s core technology is centered on low-energy catalytic electrochemistry to convert CO to multi-carbon chemicals. It is backed by more than 100 patents and applications, and extends to multiple chemicals with large existing markets, including ethylene glycol, propylene, isopropanol, and acetic acid. Liquid Light‘s investors include VantagePoint Capital Partners, BP Ventures, Chrysalix Energy Venture Capital, Osage University Partners and Sustainable Conversion Ventures.
Additional details of the agreement are not being disclosed at this time.
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