- Clean Tech company with patented technology & global industry partnerships
- Awarded over
C$11M in Federal & Provincial grants - Production facilities in place for full-scale revenue generation in 2023
Carbon Upcycling is an award-winning Climate Tech company. Their patented carbon utilization technology helps hard-to-decarbonize industries transform carbon emissions, local industrial waste, and natural materials into carbon-enhanced additives. They are unlocking the next frontier of circular materials for the
A brief overview of Carbon Upcycling’s technology is included in the PBS NOVA documentary Can We Cool the Planet? (from 21:14 to 24:34).
Click here to watch the Carbon Upcycling overview
“A report by
Carbon Upcycling’s patented technology also sequesters CO2 inside materials, improving their performance for sectors beyond cement, like plastics manufacturing, coatings, and consumer products.
The prestigious industry awards Carbon Upcycling has won also contributed to the Purpose ESG team choosing to invest, including:
- Concrete Innovations –
Innovative Company 2022-23 - Foresight 50 most investable cleantech ventures – 2022
Cleantech Forum – Global Cleantech 100 most investable companies – 2022- X-prize X-Factor Award winner – 2021
Since 2014, Carbon Upcycling’s milestones include scaling up their technology to their current commercial reactor and producing over 2,000 tonnes of low carbon cement replacements for the Western Canadian market. The company continues to scale its technology and now has 5 commercial projects underway with some of the largest cement producers globally, including CRH and
Carbon Upcycling has been awarded over
Purpose ESG is now looking forward to helping the Carbon Upcycling team identify and realize growth opportunities, with expectations for significant market penetration and leadership in 2023.
For more information about Purpose ESG and to sign up for their latest updates, visit purposeesg.com/
Sources:
1. https://www.canadianmanufacturing.com/manufacturing/carbon-upcycling-technologies-secures-6m-to-scale-up-their-infrastructure-280896/
ON BEHALF OF THE BOARD OF DIRECTORS
Young Bann, CEO
young@purposeesg.com
778-887-8912
ABOUT PURPOSE ESG HOLDINGS INC.
For investor inquiries or further information, please contact: young@purposeesg.com
ABOUT EAT & BEYOND
Eat & Beyond is an investment issuer that identifies and makes equity investments in global companies that are developing and commercializing innovative food tech and sustainability. Led by a team of industry experts, Eat & Beyond is the first issuer of its kind in
For more information about Eat & Beyond and to sign up for our latest updates, visit eatandbeyond.com
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the contents of this press release.
Cautionary Note
All information contained in this news release with respect to Purpose ESG was supplied by Purpose ESG for inclusion herein, and Eat & Beyond directors and officers have relied on Purpose ESG for such information.
Forward-Looking Information: This news release includes certain statements that may be deemed “forward-looking statements”. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “would”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com
Source:
2023 GlobeNewswire, Inc., source