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Idemitsu Kosan Co., Ltd. has invested in ATOM-X Inc. through its Corporate Venture Capital Group. Idemitsu will evaluate how to develop the e-methanol technology developed by ATOM-X. The investment allows the companies to work together to accelerate the scale up and commercialization of e-methanol production process.
ATOM-X has developed a technology using a proprietary catalyst to produce cost competitive e-methanol, in a single production step, by directly electro-synthesizing water and CO2 under ambient temperature and pressure. Currently, production of e-methanol requires a complex process under high temperature and pressure conditions. E-methanol can be as marine fuel but also can produce jet fuel, gasoline and chemical feedstocks. A cost competitive e-methanol is a strategic part of Idemitsu’s strategy, and will be an important future energy source, contributing to decarbonization in many sectors. Idemitsu will investigate technical and commercial collaboration with ATOM-X and accelerate efforts toward the social implementation of e-methanol.
About ATOM-X Inc.
ATOM-X is a climate tech company dedicated to transforming CO₂ into sustainable fuels. They specialize in developing advanced electrochemical technologies to produce a cleaner, cost-effective alternative to fossil-based green methanol. Its innovative approach eliminates the need for conventional multi-step processes, reducing production costs and greenhouse gas emissions. ATOM-X solution offers a scalable pathway to produce renewable methanol for applications such as marine shipping and industrial chemicals, supporting the transition to clean energy and sustainable supply chains.
About Idemitsu Kosan Co.,Ltd. Idemitsu is a Japanese oil and gas company, based in Tokyo Japan, that invests in innovative low carbon energy and advanced material technologies that contribute to the realization of a sustainable carbon-neutral and circular society. Idemitsu invests in innovative technologies through its Corporate Venture Capital group.
Note: This story has not been edited by The Polymerupdate Editorial team and is auto-generated from a syndicated feed.
