NuMat Technologies and Sumitomo Chemical Announce Partnership to Develop Chemical Separation Technologies to Drive Industrial Carbon Neutrality
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Tuesday, August 24, 2021
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NuMat Technologies, Incorporated (NuMat) today announced a partnership with Sumitomo Chemical Co., Ltd. (Sumitomo Chemical) to develop sustainable chemical separation technologies that can efficiently and dramatically reduce the carbon emissions and carbon footprint required to produce critical chemicals used in key sectors of the global economy.
Key Points:
- NuMat Technologies, Incorporated (NuMat) today announced a partnership with Sumitomo Chemical Co., Ltd. (Sumitomo Chemical) to develop sustainable chemical separation technologies that can efficiently and dramatically reduce the carbon emissions and carbon footprint required to produce critical chemicals used in key sectors of the global economy.
- The drive for energy-efficient and cost-effective alternatives is of critical importance to achieve carbon emission reduction objectives outlined in the Paris Climate Agreement.
- Through this collaboration, both companies will apply their world-class expertise in advanced separation and precision-engineered materials to develop novel solutions that can displace incumbent technologies longer-term, while working towards near-term commercial targets.
- Sumitomo Chemical, a leading Japanese chemical company, was founded with a mission to drive societal impact and solve environmental challenges through technology.