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      <p>
        Blue Planet, a flue-gas capture startup that converts CO2 into carbonate rocks, has secured an undisclosed investment in a strategic partnership with Marathon Petroleum Corporation, an NYSE-listed oil and gas corporation. The company expects to receive technical support for its commercialization from the investor in addition to the funds.
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      <p>
        The new funds will be used to improve the production of Blue Planet's carbon mineralization facility through process automation. This collaboration will advance the technology readiness level of this facility, which has been operating for two years.&nbsp;
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      <p>
        The company also received an undisclosed debt financing from its existing investor, Signina Capital AG, for Blue Planet's carbon mineralization facility. 
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  <p>
    <a href="https://www.newswire.com/news/carbon-capture-utilization-pioneer-blue-planet-systems-announces-new-22221334">
      Press release
    </a>
  </p>
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Carbon Capture, Utilization & Storage (CCUS)

PROMINENT_CATEGORY

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 <p>Carbon capture start-up Blue Planet has received an undisclosed investment from Marathon Petroleum Corporation. The partnership will provide Blue Planet with not just funding, but also technical support to help commercialise its CO2 to carbonate rocks conversion technology.</p>
 <p>Blue Planet intends to utilise the new funding to enhance production at its carbon mineralization facility, with a focus on process automation. The objective is to advance the technological readiness of the facility, which has been in operation for two years.</p>
 <p>In addition to this, Blue Planet has secured undisclosed debt financing from an existing investor, Signina Capital AG, for its carbon mineralization facility.</p>
 
</div>

All Updates

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