OCOchem

About OCOchem

OCOchem is a cleantech company that has developed a proprietary process for converting carbon dioxide and water into formic acid and other formate-based chemicals. The core of its technology is the Carbon FluX Electrolyzer, which operates at ambient temperatures and pressures, using renewable electricity to drive the electrochemical conversion. This process is designed to be environmentally sustainable by utilizing captured CO2 as a feedstock, thereby creating a market for carbon capture technologies and reducing greenhouse gas emissions.

The company's primary product, e-formic acid, serves as a platform chemical with a wide range of industrial applications. It is also a medium for storing hydrogen, addressing challenges related to large-scale, zero-carbon energy storage. OCOchem's business model focuses on the development, scaling, and commercialization of this technology. The company is currently in the process of completing a pilot plant to demonstrate the viability of its technology at a larger scale before full commercial rollout. The target market includes sectors in green chemistry and clean energy, offering a sustainable alternative to traditional, fossil-fuel-based chemical production methods.