Chemicals & Materials

Carbon Engineering Ltd.

Company Profile Analysis

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Carbon Engineering Ltd. - Chemicals & Materials showcase

Year Founded & Workforce

2008-12-31

142 Employees

Industry

Chemicals & Materials

Services

C

Carbon Engineering Ltd. Overview

Company Headquarters: British Columbia, Canada

Founded: 2009

Workforce: ~142

Company Working: Carbon Engineering Ltd. operates as a clean energy company. The Company develops technology that captures carbon dioxide directly from the atmosphere and synthesizes it into transportation fuels. Carbon Engineering serves customers in Canada. A company that offers clean energy services with the goal of providing reliable, affordable energy while cutting carbon emissions. In order to store carbon dioxide underground safely and permanently or convert it into ultra-low carbon synthetic fuels, the company uses direct air capture technology, which traps carbon dioxide out of the atmosphere on a large scale. This technology enables clients to reduce their carbon footprints, meet important net-zero targets, and provide clean, affordable energy. The company has its pilot plants in Squamish, British Columbia. A number of governmental and organizations that value sustainability, along with private investors, support Carbon Engineering.

Strategy

Carbon Engineering was established with the specific goal of creating and commercializing a technology that can pull megatons of CO2 out of the atmosphere. The company is built on the idea that Direct Air Capture facilities could play a significant role in the global effort to achieve net zero emissions and restore acceptable CO2 levels in the atmosphere.

Company Snapshot

142

Employees

2008-12-31

Founded

British Columbia, Canada

Headquarters

SWOT Analysis

Strengths

  • Strong online presence
  • Customer centric and detail-oriented approach
  • Good at product demand forecasting and adapting market trends

Weaknesses

  • Weak employe base
  • Less industrial experience

Opportunities

  • Scope for expansion in emerging markets
  • Opportunities in online space
  • Rising government's initiatives towards net zero target

Threats

  • Increasing number of direct and/or indirect competitors
  • The rise in inflation increases the cost of production and affects the business profitability

Key Developments

DateApproachDevelopment
CollaborationCarbon Engineering (CE) and Carbon Removal announced they are working together to deploy commercial DAC projects in Norway. The companies have begun conceptual design work on a Norwegian DAC facility capable of capturing between 500,000 and one million tons of CO2 from the atmosphere each year.
CollaborationCarbon Engineering and LanzaTech partner to advance jet fuel made from air: LanzaTech and Carbon Engineering (CE), have partnered on a first-of-a-kind project to create sustainable aviation fuel (SAF) out of atmospheric carbon dioxide (CO2). Project AtmosFUEL will investigate the feasibility of a large-scale, commercial air-to-jet facility in the UK that will produce more than 100 million liters of SAF each year.

Product Offering

  • Carbon Engineering Ltd.
    • Carbon-Neutral Fuels

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Carbon Engineering Ltd. as part of our ongoing coverage of the Chemicals & Materials sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Carbon Engineering Ltd.

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