Transform Materials Signs Technology License Agreement with DSM Nutritional Products
RIVIERA BEACH, Fla., Oct. 1, 2020 /PRNewswire/ — Transform Materials, a sustainable chemical company that uses microwave plasma technology to convert natural gas into acetylene and hydrogen, has signed a global licensing agreement with DSM Nutritional Products Ltd. Under this agreement, DSM will use the patented Transform technology to produce certain vitamins, carotenoids, and nutritional ingredients, with Transform providing technical support to ensure success of the integration.
Transform has developed a highly selective, cost-effective, net-carbon-negative process that converts the methane in natural gas into high-value products suitable for direct use or downstream reactions.
“We transform methane into acetylene and hydrogen, critical precursors for the synthesis of high-value chemical end products, without using traditional techniques that form carbon dioxide. That means we can meet important future needs of the chemical industry without creating harmful greenhouse gases,” said David Soane Ph.D., CEO of Transform Materials. “An important benefit of our technology is that it sequesters the carbon present in methane—a potent greenhouse gas—and prevents it from entering the atmosphere.”
DSM Nutritional Products, based in Switzerland, is the leading global producer of vitamins, carotenoids, and nutritional ingredients—essential nutrients for human and animal health. By using Transform’s technology, DSM gains access to essential raw materials for their manufacturing plants in an environmentally responsible way.
As an additional benefit, Transform’s technology enables DSM to use biogas as a feedstock, allowing DSM to enhance its “green chemistry” profile. The clean technology makes it possible for DSM to use acetylene and hydrogen directly, ensuring effective use of equipment and simplifying the processes.
“We are pleased to offer DSM a cost-effective solution that makes their manufacturing more efficient while demonstrating their stewardship of our planet,” added Dr. Soane.
About Transform Materials
Transform Materials LLC was founded in 2014 by scientist and serial entrepreneur David Soane