Carbon Clean’s new Houston headquarters signals major US expansion

• Carbon Clean is responding to a 64% leap in enquiries following the passage of the Inflation Reduction Act and expects the US to become its largest market
  
• Carbon Clean has set its sights on the US for a significant ramp up of both corporate presence and local supply chain development to deliver its growing project pipeline

Carbon Clean, a leading global carbon capture solutions business, has announced a significant expansion in North America to meet booming demand for its carbon capture technology. The company has opened its US headquarters in Houston, Texas and will double its US headcount to meet demand for CycloneCC, its fully modular technology, in what is expected to become its biggest market.

UK-headquartered Carbon Clean supplies cost-effective industrial carbon capture solutions for essential hard-to-abate industries such as cement, steel, refineries, and energy from waste. Its technology is operating in 49 sites around the world and has captured over 1.8m tonnes of CO₂.

The Inflation Reduction Act (IRA) is driving enormous demand for industrial carbon capture and has already resulted in a dramatic spike in US enquiries for Carbon Clean – up by over 64% since the passage of the IRA in August 2022.

Carbon Clean has been active in the US for over four years and its largest partner is Houston-based Chevron New Energies, which led the company’s $150m Series C round in May last year. Carbon Clean’s new permanent presence in Houston, and medium-term plans to further invest in the US, demonstrates its strong commitment to this growing market.

Aniruddha Sharma, Chair and CEO of Carbon Clean, said:

“With the passing of the IRA, the US has become one of the best places in the world to develop industrial carbon capture projects. Carbon Clean has seen a huge uptick in interest from industrials across the US and our new Houston HQ will help us to meet this demand. We are already partnering with companies with major US operations, including Chevron and CEMEX.

“Carbon Clean is experiencing phenomenal growth globally, but we expect our expansion in North America to outpace all other regions. As a result, we intend to establish a very significant base in North America, which will include developing a local supply chain to ensure we are set to ramp up commercialisation.

“We will be announcing some incredibly exciting projects and partnerships in North America in the coming months, confirming the leading role these geographies will play in delivering industrial decarbonisation.”

A radical shift is underway in industrial carbon capture, driven by a new generation of standardised, fully modular, compact carbon capture units that will be prefabricated and mass produced – overcoming the cost and space concerns that have been barriers to deployment. Carbon Clean’s fully modular technology, CycloneCC, can reduce the cost of carbon capture by up to 50% and has a 50% smaller footprint compared to traditional carbon capture units.

Carbon Clean has recently announced its 50^th commercial project supplying carbon capture equipment for Ørsted’s FlagshipONE facility – Europe’s largest green methanol project. The company is an innovation leader with 81 active patent assets across 14 patent families covering 32 countries, and has over a decade of experience in designing, building, and operating industrial carbon capture systems.

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