31-01-2025
Syensqo and Ardent announce strategic partnership to accelerate carbon capture innovation
The partnership marks a significant milestone in both companies' commitment to driving innovation in sustainable energy technologies. Syensqo and Ardent Process Technologies (Ardent) today announced the formalization of their strategic partnership, building upon more than two years of successful collaboration in advancing carbon capture and olefin-paraffin separation solutions. These technologies - known as “Point source carbon Capture” - are used to capture CO2 emissions from the production source, such as industrial facilities, power plants, and other large emitters - making them an essential component in efforts to reduce greenhouse gas emissions and mitigate climate change. The partnership combines Syensqo's world-class materials science expertise and industrial scale with Ardent's innovative membrane carbon capture and olefin-paraffin separation solutions. It includes a licensing agreement and establishes Syensqo as a strategic supply chain partner to Ardent. As part of this collaboration, Syensqo supplies specialty materials essential for Ardent’s high performance membrane modules and systems.
The relationship extends beyond supply chain collaboration. Syensqo made a direct investment in Ardent’s Series A funding round, demonstrating strong confidence in the company's technology and growth potential. The collaboration strengthens both companies' positions in the rapidly evolving energy transition landscape, with Syensqo committing to support Ardent’s ambitious scaling plans with a subsequent supply of tailored materials.
"This partnership represents a significant step forward in our mission to accelerate the energy transition. Syensqo's commitment as an investor and now as a strategic supply chain partner not only validates our technology, but also provides us with the industrial backbone needed to scale our solutions rapidly and reliably" Erica Nemser, CEO of Ardent.
"Our partnership with Ardent aligns perfectly with our commitment to developing innovative and sustainable solutions that advance humanity, By investing in and scaling breakthrough technologies that will play a crucial role in the global energy transition, we contribute to the development of vital solutions that will enable a sustainable future for all" Peter Browning, President of the Specialty Polymers Business unit at Syensqo.
he strategic partnership will focus on scaling up production capabilities and strengthening the supply chain infrastructure needed to meet growing market demand for Ardent’s innovative membrane solution for carbon capture and olefin-paraffin separations. Both companies are committed to maintaining their positions at the forefront of sustainable technology development and deployment.
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