A Houston company is developing technology to convert carbon dioxide emissions into sustainable products, from food-grade waxes to fertilizers and fuels.
Houston-based Hyco1's technology takes wasted CO2 and converts it into chemical gases necessary to make other usable products. Instead of relying on petrochemicals as feedstock, Hyco1's technology can be used to create carbon-neutral or carbon-negative products like paints, dyes, motor oils and other fuel.
The firm is led by co-founders Greg Carr, Jeff Brimhall and Kurt Dieker, who boast more than 80 collective years in chemical gases, catalyst development and business experience. Carr, chairman and CEO of Hyco1, also serves as president of Houston-based Gulf Process Gases and as managing director of Gulf Process Gases spinoff Extiel GPG. Carr previously spent a decade with global gas firm Air Liquide in engineering, sales and management roles.
"High CO2-emitting companies are looking for solutions to decarbonize. Our CO2 catalyst cost-effectively converts up to 100% of CO2 into usable gases, whereas conventional CO2-reforming technologies are limited to a much lower conversion rate at a considerably higher cost," Carr said. "We can directly meet the decarbonization objectives and corporate mandates that chemicals, fuels, building materials, and power industries are seeking."
Brimhall serves as CFO at Hyco1, leading the firm's funding initiatives. He has a background in management consulting and previously worked with Bain & Co. in Houston. As Hyco1's chief development officer, Dieker leads commercial deployment and technology-licensing strategy efforts.
Hyco1 is hiring for several open positions, including a senior vice president of project development, a director of supply chain management, a director of research and development, and a vice president of business development, according to the firm's website.
