“People of the Portal”: Carbonix named a “2023 ‘Clean50′” company
In our “People of the Portal” series, we highlight innovative and entrepreneurial members of the Cleantech Commons Cleantech Innovation Portal and celebrate the outstanding achievements of Portal members.
This week, we are delighted to let you know that a Cleantech Commons Cleantech Innovation Portal client – and also a future Cleantech Commons tenant – Carbonix, has been recognized as a 2023 “Clean50” company.
Paul Pede, President and CEO of Carbonix Inc. was presented with the Clean50 award in the “Research & Development” category at a recent ceremony in Toronto in recognition of the company’s exceptional contribution to the clean economy.
Please join us in extending congratulations to the Carbonix team!
Transforming the “bad stuff”!
Under Paul’s leadership, the firm is not only converting industry-produced waste into valuable products but is also attempting to reduce GHG emissions at the same time.
One example of this would be reducing the volume of organic waste from oil refinery processes, such as naphthenic acids in Albertan waterways.
The application of Carbonix’s products would not only reduce the amount of waterway pollution, but also has the potential to lower GHG emissions by >40,000 metric tonnes annually – 7% of Alberta’s total emissions.
Well-Deserved Recognition
Canada’s Clean50 Awards are announced annually by Delta Management Group and the Clean50 organization to recognize the 50 individuals or small teams, from 16 different categories, who have done the most to advance the cause of sustainability and clean capitalism in Canada over the preceeding two years.
“Paul was chosen after rigorous screening and research by Delta Management, with advice from internal researchers and external advisors, and was among Honourees selected from an initial pool of over 1,000 well-qualified nominees,” Gavin Pitchford, CEO of Delta Management Group told us.
A strong partnership with Trent University
Working with Trent University’s chemistry department, Carbonix has developed a patent-pending process that can convert large amounts of petroleum coke and boiler char – previously considered waste byproducts – into advanced nano products that enable operators to achieve their fluid tailings reclamation and GHG reduction targets.
The processes and products developed by Carbonix are designed to enable a circular economy that converts low-value, sustainably available feedstocks into high-value-add solutions, allowing oil sands operators to meet their net-zero emission objectives while mitigating climate-related financial risk.
“The relationship that Carbonix has developed with Trent University and the Department of Chemistry, particularly with Dr. Andrew Vreugdenhil and his team, has been instrumental in the success we have achieved to date,” Paul Pede, Carbonix president and CEO tells us.
Cleantech Innovation Portal
The Cleantech Commons Cleantech Innovation Portal is all about helping Canadian ventures in the cleantech sector create opportunities for growth, scaling, funding, and commercial success. To learn more or to sign up for free, click here!