Dioxide Materials is creating a new chemical value chain using carbon dioxide feedstock and renewable energy (instead of oil and gas) to obtain high-value fuels and chemicals. The company’s technology breakthrough lowers the cost of converting carbon dioxide into C1 building blocks by a factor of 3 – creating the first cost-competitive route to carbon dioxide conversion to renewable fuels and chemicals.
Dioxide Materials was founded in 2009 by Rich Masel with the goal of developing green technology that takes CO2, water, and renewable energy to make sustainable fuels and chemicals. Rich Masel worked as a Professor of Chemical Engineering at the University of Illinois for over 30 years.
EnterpriseWorks Tenure: 2010-2015
- Dioxide Materials Awarded $4 Million to Advance CO2 Recycling Technology
Dioxide Materials Now
After graduating from EnterpriseWorks in 2015, Dioxide Materials moved to and is now headquartered in Boco Raton, Florida.