Levidian continues global expansion with entry into North America
Wednesday, May 22, 2024
-- Second international base to be established in the US
-- Firm targets $2bn+ revenues alongside a new delivery centre to create
250 jobs
-- LOOP technology to decarbonise hard to abate sectors, capturing the
carbon from methane and producing millions of tonnes of clean hydrogen
and net zero graphene
-- On-site production to mitigate supply chain challenges
CAMBRIDGE, England, May 14, 2024 /PRNewswire/ -- Leading British climate tech firm Levidian has unveiled ambitious plans to establish a new base in the US to serve its growing customer portfolio in North America. The base will be the company's second outside of the UK, having opened a new office in Abu Dhabi earlier this month.
Powered by its patented LOOP technology, Levidian provides a comprehensive decarbonisation service for customers, capturing the carbon from methane gas before it is burned and turning it into clean hydrogen and high-quality graphene, a nanomaterial used as an additive to drive process efficiencies and enhance the performance of materials as wide-ranging as concrete, batteries and plastics.
The solution can be deployed anywhere with a methane source and is designed to function as a self-contained modular system that can quickly and easily be retrofitted to existing infrastructure, providing businesses with their own on-site supply of hydrogen and solid carbon.
The company is in discussion with a variety of potential customers in the US and Canada and is already working with Canadian firm Strategic Resources to deploy LOOP as part of the world's largest green iron plant in Québec. Other projects in the pipeline include gas distribution, heavy industrial users and battery manufacturers.
Levidian CEO John Hartley, said: "We're on a mission to help the hardest-to-abate sectors on the planet to decarbonise and believe our technology could play a critical role in tackling emissions from industry, which contributes almost one-third of overall greenhouse gas emissions in the US alone.
"By capturing the carbon from methane and turning this potent greenhouse gas into a valuable source of hydrogen and high-quality graphene, we can fundamentally change the economics of decarbonisation and unlock mechanisms for further carbon reduction. This will pave the way to a new relationship between planet and profit as we make the transition to a lower carbon future, while unlocking new opportunities for growth and job creation."
The company is targeting revenues upwards of $2bn by 2030 and intends to establish a Regional Delivery Centre in the US, which is expected to create around 250 jobs in research and development and manufacturing. Two new team members have also been appointed to lead on business development within the region.
Notes to editors:
-- Levidian is a British climate tech business that is on a mission to
decarbonise the world's most carbon-intensive industries.
-- Underpinned by our patented LOOP technology, we capture the carbon from
methane gas before it's burned and crack it into clean hydrogen and net
zero graphene - a high-quality super-material that can be used to
significantly enhance the intrinsic characteristics of products in major
global industries as far ranging as steel, batteries and petrochemicals.
-- The solution can be deployed anywhere with a methane source and is
designed to function as a self-contained modular system that can quickly
and easily be retrofitted to existing infrastructure.
-- We are already working with some of the world's largest companies across
a variety of industries and have sold LOOP and graphene to 50+ customers
globally with 10 LOOP units either in the field or in construction
today.
Find out more: www.levidian.com
Photo - https://mma.prnewswire.com/media/2412316/Levidian_Global_Expansion_North_America.jpg
Logo - https://mma.prnewswire.com/media/2412315/Levidian_Logo.jpg
View original content to download multimedia:https://www.prnewswire.com/news-releases/levidian-continues-global-expansion-with-entry-into-north-america-302144882.html
SOURCE Levidian
|
|
|
|
|
 |
Energy Toolbase Launches Energy Storage Partnership with Sungrow to Support PowerStack 255CS and PowerTitan 2.0 | Jan 22, 2026
|
|
RS now offers Phoenix Contact's pioneering new NearFi technology | Jan 22, 2026
|
|
Quantum Art Raises $100 Million in Series A Round to Drive Scalable, Multi-Core Quantum Computing | Jan 22, 2026
|
|
MetaOptics to Showcase Five Breakthrough Metalens-Powered Products at CES 2026 | Jan 22, 2026
|
|
Fresco Raises EUR15m Series C to Power the Future of AI-Driven Cooking and the Connected Kitchen Ecosystem | Jan 22, 2026
|
|
No Assembly Required: Barrett Distribution Centers Powers Maxwood Furniture's West Coast DTC Expansion | Jan 22, 2026
|
|
SCAILIUM Debuts "AI Production Layer" to Overcome GPU Starvation and Slash AI Energy Waste | Jan 22, 2026
|
|
Einride and IonQ Partnership Uses Quantum Computing to Optimize the Logistics of Electric and Autonomous Freight | Jan 22, 2026
|
|
Hesai Recognized as the Only Lidar Company on Morgan Stanley's "Humanoid Tech 25" of Global Robotics Leaders | Jan 22, 2026
|
|
Ekinops New C700HC Chassis Efficiently Connects the Data Center and the Central Office | Jan 22, 2026
|
|
|
