Novomer’s technology allows sustainable feedstocks like carbon dioxide and carbon monoxide to be used as the building blocks for plastics and chemicals. This is extremely innovative in an industry which almost exclusively relies on fossil fuels like crude oil and natural gas as the basis of synthesis.
It is estimated that 10% of crude oil in the United States is used for plastics and chemicals manufacturing. Since Novomer’s materials contain up to 50% carbon dioxide or carbon monoxide by weight, this technology will have a significant impact on reducing fossil fuel usage, while removing CO2 from the environment. It will also be a powerful example of how innovative solutions can be used to help solve society’s environmental problems.