Solugen, a Texas-based startup has developed a method to decarbonize the chemical industry. Co-founders of the company, Gaurab Chakrabarti and Sean Hunt focused on manufacturing advanced round-bottomed flask and burners to produce hydrogen peroxide. Solugen has received investment from Founders Fund, Y Combinator, and Fifty Years for capacity expansion.
Concerns of Greenhouse Effect Triggered Solugen to Experiment Oxidase Enzymes
The chemical industry is responsible for 10% of global energy consumption and 30% of industrial energy demand. This results in 20% of all industrial greenhouse gas emissions based on data from the Global Efficiency Intelligence website. Initiatives like these will help fight climate change concerns globally.
Increasing carbon dioxide emission has an adverse impact on the climate that needs to be attended to at the earliest. Further, deforestation and industries are contributing in increasing carbon footprint. Together they result in 45% of global carbon emission. Today, there are only a handful of solutions to overcome these adversities.
To counter this, Solugen came with an advanced process of enzymatically manufacturing hydrogen peroxide. The company used a proprietary enzyme prepared through genetically modified yeast cells to produce hydrogen peroxide. With the investments, Solugen is building a new, 2,500-square-foot modular facility. This will help in producing 5,000 tons of hydrogen peroxide per year.
Special sauce of Solugen will help in creating oxidase enzymes combined with sugar making oxidation chemical at a lower cost. Oxidation chemicals alone account for nearly half of the US$4.3 trillion chemical industry. Various companies are now working on these enzymes with the help of advanced computational biology.