Estonian startup receives €1.2 M to produce the greenest multipurpose carbon material

 Estonian technology startup UP Catalyst in partnership with the National Institute of Chemical Physics and Biophysics (NICPB) begins developing an automated process to produce sustainable carbon out of CO2 and biomass which characteristics can be adapted to any potential application. Thus, making it one of the most multipurpose materials in the world. The 2-year project aimed at developing the process has secured  € 1.2M from Enterprise Estonia (EAS). Its implementation is crucial for the ton-scale production to start in 2025 and subsequent construction of the pilot plant by 2027.  The project is a supportive milestone to the UP Catalyst technology…