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25 min ago 2 min read
UK direct air capture (DAC) technology company Airhive has acquired Netherlands-based DAC firm Carbyon in a move to combine their solid-sorbent DAC technology development activities.
The combined company will integrate teams and operate across the UK and Netherlands under Airhive’s brand.
Early-stage research and development (R&D) of next-generation DAC technology will be based in the Netherlands at Carbyon’s former headquarters, the High Tech Campus in Eindhoven.
Rory Brown, CEO of Airhive, said, “The goal in DAC is achieving low costs at large operational scale…leveraging Carbyon’s impressive R&D capabilities will accelerate innovation and help us reach that goal quicker.”
Airhive will also continue to co-develop UnionDAC, a planned 60,000-tonne-per-year DAC facility in Teesside, UK.
UnionDAC brings together UK DAC technology providers, industrial project experts and carbon storage infrastructure partners to develop a 60,000-tonne-per-year commercial DAC facility in Teesside.
The system is expected to be fully operational by 2032, with a final investment decision targeted for 2028. Airhive will deliver all the solid-sorbent DAC capacity at the facility.
The combined company will also explore carbon utilisation and storage projects, including a planned DAC system with Coca-Cola Europacific Partners to produce low-carbon, food-grade carbon dioxide (CO2) for use in beverages.
The UK Climate Change Committee is targeting eight million annual tonnes of CO2 to be removed through DAC systems by 2050.
