Five young companies from Australia, the USA, Great Britain, Latvia and Germany are the “Resource Innovators 2018” of the chemical industry. The start-ups were honored on Monday at the Raw Materials Summit in Berlin for ideas on the use of sustainable sources such as plants and CO2 instead of oil. The summit was held under the auspices of the German Federal Ministry of Education and Research and called for chemistry to be made more sustainable and climate-friendly. The event at the Technical University of Berlin (TU Berlin) thus set a signal for more cooperation with start-ups in the chemical industry. The aim is to promote the use of non-fossil raw materials.
The five start-ups competed against each other in an ideas competition and presented their projects to the 200 guests of the second Summit organized by TU Berlin, DECHEMA Gesellschaft für Chemische Technik und Biotechnologie and material manufacturer Covestro.
The top three winners received prize money donated by Covestro. First place went to the Australian company Mineral Carbonation International and Dr. Markus Steilemann, CEO of Covestro, handed over a check for 5,000 euros. The young company takes carbon dioxide from waste gases as an alternative feedstock and transforms it together with minerals into building materials and other valuable industrial products.
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Resource Innovators Awards 2018 Press Release