Technology breakthroughs can change the cost base in established industrial gas markets – as well as unlocking new opportunities.
The message comes from Steven Schuermans, CEO of Belgian CO2-reduction company Solveno Technologies, which is a two-year-old business going after both mature and emerging markets with its novel industrial technologies.
“We like well-understood opportunities in established markets, where the efficiency gains we deliver present a compelling return-on-investment use case. But in our case there are also less established use cases in thermal energy storage that we should be able to unlock soon through partnership,” Schuermans told gasworld.
The company has a compelling story when it comes to recovering CO2 for reuse, which is the mature market opportunity in its sights.
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