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20-04-2022

Baker Hughes acquires Mosaic Materials

Baker Hughes, an energy technology company, has acquired Mosaic Materials Inc. to further develop and scale its next-generation capture technology for carbon dioxide (CO2) reduction from stationary sources and CO2 removal (CDR) from the atmosphere.

Mosaic’s metal-organic framework (MOF) technology is a proprietary adsorbent material that acts like a high-capacity molecular sponge to selectively capture CO2. Baker Hughes will draw from its existing advanced capabilities, including modular design and material science, to develop and scale Mosaic’s innovative technology, enabling direct air capture (DAC) with a solution that requires significantly less energy to operate and provides lower total cost of ownership.

Both carbon capture of emissions from power and industrial facilities, as well as carbon dioxide removal such as DAC, will be needed to meet climate goals and emission reduction targets. Creating economical, scalable and energy-efficient DAC systems that can effectively capture CO2 from the atmosphere is important for supply into the CO2 utilization market, including eFuels.

“Removing carbon through a multi-pronged approach, including direct air capture, is critical to overcoming climate change,” said Rod Christie, executive vice president of Turbomachinery & Process Solutions at Baker Hughes. “This is why we are investing in several emerging technologies, including Mosaic Materials, to develop a comprehensive and diversified portfolio that can significantly and efficiently reduce as well as eliminate CO2, across multiple industries, including hard-to-abate sectors.”

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