Inventys Thermal Technologies (Inventys) is a cleantech company that produces technologies for the energy and process industries. It is currently in its first stages of commercializing its patented VeloxoTherm™ gas separation process whereby carbon dioxide is removed from industrial flue gas streams. The recovered CO2 can then be used for enhanced oil recovery or geologically stored – mitigating its impact on climate change.
Unlike other post-combustion CO2 capture technologies currently available, the Veloxotherm™ process is capital efficient – in fact, it is less than one-third the cost of alternative processes. This capital efficiency will finally make enhanced oil recovery and carbon sequestration economically viable while helping petroleum refining, gas processing and petrochemical companies reduce their environmental impact.