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Halliburton’s collaborative effort to advance cleaner and affordable energy—Halliburton Labs–announced this week the companies chosen to take part in the move.
Enexor BioEnergy, Momentum Technologies and OCO Inc. will be given access to Halliburton’s deep business and technical expertise, facilities and network. They are the companies chosen to take part part in the move where entrepreneurs, academics, and investors come together to work on cleaner energy.
“We are excited to welcome a strong group of companies who have demonstrated promising innovation and are working to solve important clean energy challenges,” said Dale Winger, managing director of Halliburton Labs.
Enexor BioEnergy manufactures an on-site, renewable energy solution to help solve the world’s organic and plastic waste problems. The company’s patented bioenergy system converts almost any organic, plastic or biomass waste in any combination, into affordable, renewable power and thermal energy.
Momentum Technologies works with lithium battery recyclers and manufacturers to recover critical materials from waste for reuse. Developed in partnership with the U.S. Department of Energy, Momentum’s patented MSX technology efficiently recovers pure critical materials from spent lithium batteries, rare earth permanent magnets and other valuable waste products.
OCO Inc. transforms carbon dioxide, water, and zero carbon electricity into a hydrogen-rich platform chemical that can be used to make a wide variety of zero-carbon chemicals, materials, and fuels. OCO’s process is highly carbon negative and much less expensive than existing fossil-based processes and feedstocks.
Source: BusinessWire