West Wales based technology company Haydale has announced a potential breakthrough in the rapidly evolving carbon capture technology sector.
The Ammanford headquartered and Alternative Investment Market listed business is a tech and service provider facilitating the integration of graphene and other nanomaterials into next generation industrial materials and commercial technologies.
It is working with Florida-based start-up Carbon Capture LLC (CCL) on a feasibility study to build and deliver an initial prototype device - leveraging Haydale’s proprietary plasma functionalised graphene. This will aim to provide proof of concept that carbon dioxide can be removed from the atmosphere and stored for later release in a controlled environment. Initial indications show graphene, when properly used through Haydale’s proprietary process to optimise the surface chemistry of the nanomaterial, may be capable of adsorbing carbon dioxide.
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The feasibility study builds on Haydale’s expertise in chemical engineering and plasma functionalisation. Both Haydale and CCL said they were encouraged by initial findings with the aim of developing the application on the road to commercialisation. The global carbon capture and storage market is projected to grow substantially over the next decade, driven by increasing environmental regulations and the urgent need to address climate change.
If the technology is proven at scale, Haydale said its collaboration with CCL could position it as a key supplier in a burgeoning market - offering significant new growth opportunities and long-term value creation for shareholders.
Its chief executive Keith Broadbent, said: “We are thrilled to be involved in this groundbreaking initiative. Our plasma functionalisation process could unlock a graphene-based breakthrough in carbon capture and underscores our commitment to leveraging our nanomaterial expertise for impactful environmental solutions.”
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CCL founders, Sam (Samir) Adams and Fernando Sanchez, said: “Our collaboration with Haydale has yielded promising results, exceeding our expectations. We’re now ready to scale up to a large demonstration unit of our revolutionary direct air carbon Capture solution.
"This aligns perfectly with our mission to create sustainable, scalable carbon capture technologies. The potential of functionalised graphene in adsorbing Co2 could be game-changing for urban carbon capture. We’re confident our work with Haydale will revolutionise the industry, offering a cost-effective tool to combat excessive greenhouse gases globally.”
Haydale has patents for its technologies in Europe, USA, Australia, Japan and China and operates from five sites in the 海角视频, USA and the Far East.
Last month it announced a $4m deal over five years to provide silicon carbide cutting tool parts with an undisclosed Chinese tooling manufacturing company which it has been trading with for the last year. Under the deal its partner will be the exclusive distributor of its silicon carbide tooling into the lucrative Chinese market.