Date: 28 April, 2022
INAM, the Innovation Network for Advanced Materials announces Mars Materials as an ADMACOM 2022 finalist. Alongside 11 other startups, Mars Materials joins the 8th edition of the Advanced Materials accelerator program, ADMACOM.
Mars Materials develops a new pathway for acrylamide and carbon fiber production using CO2 as a raw material.
Mars Materials is working to sequester a gigaton of captured CO2 into products that are part of our everyday lives. Today, they’re commercializing nitrilation, NREL-developed carbontech that enables us to produce low-cost, low-carbon acrylonitrile, a raw material for carbon fiber and wastewater treatment chemicals.
What’s new and innovative:
Mars’ acrylonitrile pathway is estimated to be 33% lower cost than the current industrial process. Further, Mars’ units are anticipated to be 57% cheaper to build, have 31% fewer process emissions, and produce no toxic by-products. Further, each unit will consume 42 Kt/yr of captured CO2.
About INAM
INAM, the Innovation Network for Advanced Materials, is a global network of companies and research institutes in the field of Advanced Materials. INAM’s goal is to enable the right connections and make technological innovations become reality by working closely with startups, SMEs, corporations, investors, and research institutes to start, grow and transform the development of Advanced Materials.
For more information visit: https://www.inam.berlin/
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