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Transform Materials Establishes European Operations

Business Accelerator Brightlands Chemelot Campus Welcomes Newest Resident Company

RIVIERA BEACH, Florida – July 22, 2021 – Transform Materials LLC (“Transform”), a green technology company with a patented net-carbon-negative process to cost-effectively produce commercial hydrogen and acetylene, announced today the launch of European operations within Brightlands Chemelot Campus. This is an important European location for Transform allowing for accelerated growth of production plants in Europe and will help establish a larger presence for Transform across the continent.

Brightlands Chemelot Campus is an innovation campus for materials and chemistry companies with deep industry roots. Brightlands has a clear mission to facilitate innovation and business growth by giving tenants access to a growing talent pool, state of the art infrastructure, materials expertise, and entrepreneurial spirit. The campus supports a vibrant business community in creating circular solutions with positive impact for the challenges facing the globe. Located in the province of Limburg, the Netherlands, the Brightlands Chemelot Campus is situated in the heart of the industrial region in Europe. This region, an important driver for progress and innovation, will facilitate testing and upscaling new processes for Transform.

“Transform’s establishing a presence at Brightlands Chemelot Campus is an important building block in our overall expansion plan,” commented Stuart Jara, Chief Executive Officer, Transform Materials. “This European location helps build out our overall presence so that we will be better able to serve our international customers.”

“Transform’s selecting Brightlands Chemelot as the location to establish their European operations makes perfect sense given that we are such a strongly known breeding ground for science and innovation in materials and chemistry,” said Bert Kip, CEO of Brightlands Chemelot Campus. “If circularity in the chemical industry is going to be a success anywhere, it’s here, at this site and this campus.”

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About Transform Materials LLC
Transform Materials LLC was founded in 2014 by scientist and serial entrepreneur David Soane, Ph.D. During six years of sustained R&D, the company has developed a ground-breaking technology that uses microwave-generated plasma to energize natural gas to form acetylene and hydrogen without any CO2 emissions, offering a substitute for the legacy processes in the chemical industry that generates impurities and form greenhouse gases. Complementing its contributions to chemical manufacturing, Transform’s technology also produces hydrogen in an energy-efficient way to address an important need in the burgeoning fuel cell industry. Transform’s systems are compact and modular, thus readily scalable to match customer needs, whether for large plants or small industrial applications, integrating with existing systems and architecture to minimize adoption costs. Transform’s patented technology platform initiates a green revolution in the utilization of natural gas, converting this abundant resource into acetylene and hydrogen without requiring combustion or energy-intensive electrolysis. To learn more, visit transformmaterials.com.

About Brightlands Chemelot Campus
Brightlands Chemelot Campus is Europe’s leading location for companies, research, and knowledge institutes in the field of chemistry and materials, located in Geleen, the Netherlands, with Belgium, Germany, France, and Luxembourg just around the corner. In addition to cutting-edge research and development in the field of high-performance materials, sustainable processes and biomedical solutions, Brightlands’ portfolio also includes targeted support for industry-specific startup companies.  The R&D campus is considered number 1 in Europe for sustainable innovations and is part of the Chemelot Circular Hub

Media Contact:
Mike Clinebell, AMF Media Group
Mike@AMFmediagroup.com

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Transform Materials achieves milestone in commercial-scale production plans

Manufacturing process for Transform Materials’ revolutionary technology in key chemical products validated at pilot plant; Transform and DSM Nutritional Products begin discussions for global-scale commercial production.

 RIVIERA BEACH, Florida – May 12, 2021 – Transform Materials LLC (“Transform”), a sustainable chemical company with a patented net-carbon-negative process to cost-effectively produce commercial acetylene and hydrogen, has announced a milestone in scaling its global production capability.

Transform in alignment with its licensing partner, DSM Nutritional Products Ltd (“DSM”), part of Netherlands-based Royal DSM with global products and services in nutrition, health and sustainable living, declare the successful operation of Transform’s pilot chemical plant in Riviera Beach, Fla., which paves the way for the development of large-scale commercial production. Transform conducted more than 6 months of testing and evaluation to complete and meet the rigorous milestone targets proving a 99% operational uptime.

Under the licensing agreement, Transform has granted DSM certain rights to Transform’s patented technology when used in the production of vitamins, carotenoids and nutritional ingredients. DSM’s Improve, Enable, Advocate strategy aims to enable low-carbon energy solutions that support the transition to a low carbon economy and at the same time offers further greenhouse gas (GHG) reduction opportunities for customers.

“Taking responsible action on climate change and reducing our carbon footprint is a key value driver for our company,” says Ronald Gebhard, VP of Process Innovation of DSM Nutritional Products. “Transform’s net-carbon-negative process is a game-changer in the development of renewable acetylene and hydrogen, key products used in so many industries and typically produced at higher cost and with high carbon emissions. For us, Transform’s process is an important green technology that fits well into our portfolio to continue to implement our business strategy to be purpose-led and performance-driven.”

Founded in 2014, Transform accelerated its commercialization strategy in 2020 and is generating significant interest from customers whose processes require a ready, green, and cost-advantageous source of hydrogen or acetylene. Hydrogen is a free-standing clean energy source as well as a key ingredient for many industrial sectors, such as ammonia synthesis, oil refining, fine chemicals, electronics, and metallurgy. Acetylene is an important and highly reactive precursor for producing high-value products such as vitamins, fragrances and flavors, carbon solids, and high-utility polymers that can be used for personal-care products and structural materials. Transform has already developed a large project pipeline with prospective blue-chip customers in North America and in Europe.

“We are seeing tremendous interest from top-tier commercial customers for both of our marketable products: the high-purity hydrogen and the chemical-grade acetylene, both generated with very low carbon emissions at a lower cost point than current technology,” said Stuart Jara, CEO of Transform. “We’re excited about our partnership with DSM and the momentum that Transform continues to demonstrate in 2021.”

Following the milestone achievement of the pilot plant, Transform and DSM Nutritional Products are now in discussions on how to integrate the Transform technology into its manufacturing network to support DSM’s continued growth as the leading global producer of sustainable vitamins, carotenoids, and nutritional ingredients.

About Transform Materials LLC
Transform Materials LLC was founded in 2014 by scientist and serial entrepreneur David Soane, Ph.D. During six years of sustained R&D, the company has developed a ground-breaking technology that uses microwave-generated plasma to energize natural gas to form acetylene and hydrogen, offering a substitute for the legacy processes in the chemical industry that generate impurities and form greenhouse gases. Complementing its contributions to chemical manufacturing, Transform’s technology also produces hydrogen in an energy-efficient way to address an important need in the burgeoning fuel cell industry. Transform’s systems are compact and modular, thus readily scalable to match customer needs, whether for large plants or small industrial applications, integrating with existing systems and architecture to minimize adoption costs. Transform’s patented technology platform initiates a green revolution in the utilization of natural gas, converting this abundant resource into acetylene and hydrogen without requiring combustion or energy-intensive electrolysis. To learn more, visit transformmaterials.com.

Media Contact:
Mike Clinebell
Mike@AMFmediagroup.com

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Chart Industries Acquires 5% Ownership of Transform Materials and Signs Strategic Commercial Hydrogen MOU

ATLANTA, March 31, 2021 — Chart Industries Inc. (“Chart”) (NSYE: GTLS), a leading global manufacturer of liquefaction and cryogenic equipment serving multiple applications in the clean energy and industrial gas end markets, including hydrogen, today announced the completion of an investment in Transform Materials (“Transform”) in the amount of $25 million for 5% of its equity.

Transform Materials is a sustainable chemical technology company that uses microwave plasma to convert natural gas into acetylene and hydrogen. Its highly selective, cost-effective, net-carbon-negative process converts the methane in natural gas into high-value products suitable for direct use or downstream reactions.

“We transform methane into acetylene and hydrogen, critical precursors for the synthesis of high-value chemical end products, without using traditional techniques that form carbon dioxide. That means we can meet important future needs of the petrochemical industry without creating harmful greenhouse gases,” said David Soane Ph.D., Chairman of Transform Materials. “An important benefit of our technology is that it repurposes the carbon that methane—a potent greenhouse gas—contains, so that it doesn’t enter the atmosphere. We saw immediately how Chart’s process chemicals and hydrogen technologies can help us deliver clean, high-purity hydrogen and acetylene to our customers at scale.”

In conjunction with this strategic investment, Chart and Transform also executed a binding commercial Memorandum of Understanding (“MOU”). The MOU establishes the commercial collaboration and equipment supply arrangements for Chart to supply Transform projects. Transform Materials’ process has already been adopted via a global licensing agreement with DSM Nutritional Products Ltd. (“DSM”), who plans to utilize the patented Transform technology to produce certain vitamins, carotenoids, and nutritional ingredients.

In addition to DSM, Transform has multiple other commercial pipeline opportunities this year in both North America and Europe. Given this level of interest, Transform expects to begin construction of two or three plants in the next 12 months. The investment and commercial supply agreement with Transform will help facilitate opportunities to expand Chart’s equipment presence both geographically and across global customers, with per-plant potential content in the multi-million dollar range.

“This investment in and commercial agreement with Transform Materials is yet another step toward expanding our customers’ options in our high-growth clean-energy markets, in particular hydrogen,” stated Jill Evanko, Chart’s CEO and president. “Perhaps most impactful about Transform’s patented process technology is that there is no oxygen involved in the reaction, so therefore no carbon dioxide (“CO2”) is generated – the very definition of clean.”

This investment achieves all of Chart’s criteria for its strategic inorganic investments in clean energy, specialty markets, and repair and service:

First, the investment brings access to customers and commercial projects that could not be accessed without significant organic investment.

Second, the investment brings access to regions / geographies for the respective products and applications that otherwise could not readily be accessed due to lack of product experience in the region, certification requirements, or government funding and relationships.

Third, the investment adds equipment or process that builds Chart’s “à la carte” or full-solution menu for applicable markets. For example:

  • BlueInGreen water treatment technology + Chart bulk tanks
  • Cryo Technologies helium and hydrogen liquefaction process + Chart storage, transport, brazed aluminum (“BAHX”) and air-cooled heat exchangers (“ACHX”)
  • SES cryogenic carbon and direct air capture process + Chart’s ACHX, storage, vacuum insulated pipe, transport
  • And now, Transform Materials’ hydrogen process + Chart’s pump, downstream liquefaction, storage, and distribution equipment

Included at the end of this release is a supplemental presentation that further describes the investment. Winston & Strawn LLP served as legal advisors to Chart on the transaction. Chart will hold an investor call to discuss today’s announcement on Thursday, April 1, 2021 at 9:30am eastern time. Participants may join the conference call by dialing (877) 312-9395 in the U.S. or (970) 315-0456 from outside the U.S., entering conference ID 3688930. Please log-in or dial-in at least five minutes prior to the start time. A taped replay of the conference call will be archived on the Company’s website, www.chartindustries.com.

A supplemental presentation accompanying this announcement is available at:
http://ml.globenewswire.com/Resource/Download/1c674c24-1ac6-46aa-953c-5e3d84fc2b1d

About Chart Industries Inc.
Chart Industries Inc. is a leading independent global manufacturer of highly engineered equipment servicing multiple applications in the Energy and Industrial Gas markets. Our unique product portfolio is used in every phase of the liquid gas supply chain, including upfront engineering, service and repair. Being at the forefront of the clean energy transition, Chart is a leading provider of technology, equipment and services related to liquefied natural gas, hydrogen, biogas and CO2 capture, amongst other applications. We are committed to excellence in environmental, social and corporate governance (ESG) issues both for our company as well as our customers. With over 25 global locations from the United States to Asia, Australia, India, Europe and South America, we maintain accountability and transparency to our team members, suppliers, customers and communities. To learn more, visit www.Chartindustries.com.

About Transform Materials LLC
Transform Materials LLC was founded in 2014 by scientist and serial entrepreneur David Soane, Ph.D. During six years of sustained R&D, the company has developed a ground-breaking technology that uses microwave-generated plasma to energize natural gas to form acetylene and hydrogen, while avoiding the legacy processes in the chemical industry that generate impurities and form greenhouse gases. Complementing its contributions to chemical manufacturing, Transform’s technology also produces hydrogen in an energy-efficient way, addressing an important need in the burgeoning fuel cell industry. Transform’s systems are compact and modular, thus readily scalable to match customer needs, whether for large plants or small industrial applications, integrating with existing systems and architecture to minimize adoption costs. Transform’s patented technology platform initiates a green revolution in the utilization of natural gas, converting this abundant resource into acetylene and hydrogen without requiring combustion or energy-intensive electrolysis. To learn more, visit transformmaterials.com.

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Transform Materials Signs Technology License Agreement with DSM Nutritional Products

 

Transform’s patented technology enables DSM to use abundant natural gas as a feedstock in its manufacturing process, thereby reducing its carbon footprint

Oct 01, 2020, 03:05 ET

RIVIERA BEACH, Fla., /PRNewswire/ — Transform Materials, a sustainable chemical company that uses microwave plasma technology to convert natural gas into acetylene and hydrogen, has signed a global licensing agreement with DSM Nutritional Products Ltd. Under this agreement, DSM will use the patented Transform technology to produce certain vitamins, carotenoids, and nutritional ingredients, with Transform providing technical support to ensure success of the integration.

Transform has developed a highly selective, cost-effective, net-carbon-negative process that converts the methane in natural gas into high-value products suitable for direct use or downstream reactions.

“We transform methane into acetylene and hydrogen, critical precursors for the synthesis of high-value chemical end products, without using traditional techniques that form carbon dioxide. That means we can meet important future needs of the chemical industry without creating harmful greenhouse gases,” said David Soane Ph.D., CEO of Transform Materials. “An important benefit of our technology is that it sequesters the carbon present in methane—a potent greenhouse gas—and prevents it from entering the atmosphere.”

DSM Nutritional Products, based in Switzerland, is the leading global producer of vitamins, carotenoids, and nutritional ingredients—essential nutrients for human and animal health. By using Transform’s technology, DSM gains access to essential raw materials for their manufacturing plants in an environmentally responsible way.

As an additional benefit, Transform’s technology enables DSM to use biogas as a feedstock, allowing DSM to enhance its “green chemistry” profile. The clean technology makes it possible for DSM to use acetylene and hydrogen directly, ensuring effective use of equipment and simplifying the processes.

“We are pleased to offer DSM a cost-effective solution that makes their manufacturing more efficient while demonstrating their stewardship of our planet,” added Dr. Soane.

About Transform Materials
Transform Materials LLC was founded in 2014 by scientist and serial entrepreneur David Soane, Ph.D. During six years of sustained R&D, the company has developed a ground-breaking technology that uses microwave-generated plasma to energize the methane in natural gas to form acetylene and hydrogen, while avoiding the legacy processes in the chemical industry that generate impurities and form greenhouse gases. Complementing its contributions to chemical manufacturing, Transform’s technology also produces hydrogen in an energy-efficient way, addressing an important need in the burgeoning fuel cell industry. Transform’s systems are compact and modular, thus readily scalable to match customer needs, whether for large plants or small industrial applications, integrating with existing systems and architecture to minimize adoption costs. Transform’s patented technology platform initiates a green revolution in the utilization of natural gas, converting this abundant resource into acetylene and hydrogen without requiring combustion or energy-intensive electrolysis. To learn more, visit transformmaterials.com/why-transform.

Media contact:
Mike Clinebell
mike@amfmediagroup.com

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Transform Materials Converts Abundant Natural Gas into High-Value Hydrogen and Acetylene

Transform’s patented commercial-scale microwave plasma reactor system accelerates hydrogen infrastructure development and offers the petrochemical industry a path to reducing carbon emissions

Sep 29, 2020, 03:01 ET

RIVIERA BEACH, Fla. The world is awash in natural gas. At hydraulic fracking wellheads, natural gas is often flared instead of collected due to its low value — a colossal waste of a natural resource and a significant increase in harmful greenhouse gases. What if natural gas could easily be converted into useful components with immediate, high-value applications?

Transform Materials offers compact, modular and multiplexed plasma reactors producing high-purity hydrogen and acetylene that customers can integrate into their existing infrastructure. Transform Materials’ technology replaces traditional chemical manufacturing and distribution with modern, clean, and energy-efficient alternatives.

Today, Transform Materials does just that – transforming the petrochemical industry by converting this abundant resource into two important chemical building-blocks. Rather than use crude oil to make the building blocks for essential products like plastics and pharmaceuticals, Transform Materials’ energy-efficient process instead uses the methane in natural gas, converting it into high-value hydrogen and acetylene using microwave plasma technology.

Transform’s patented conversion process is deceptively simple but took years to perfect. Methane, the key component in natural gas, is usually just burned for heat, combining with oxygen in the atmosphere to form carbon dioxide, the predominant greenhouse gas. Oxidation of methane also introduces impurities in the product stream. To avoid these undesirable outcomes, methane must be broken down without oxygen. But methane is extremely inert in an oxygen-free environment and resists chemical reactions.

With its innovative technology, Transform Materials breaks down methane and other similar light hydrocarbon gases without oxygen, recombining the resulting fragments into two high-value end products, acetylene and hydrogen. The key to this transformation is a patented microwave plasma reactor system that generates these new products from methane efficiently at very high rates of conversion and selectivity.

“Our process is clean and cost-effective, employs robust and off-the-shelf microwave hardware, and requires a relatively compact plant footprint. Also, our reactors can be multiplexed to scale up and meet incremental market demand,” said David Soane Ph.D., CEO of Transform Materials. “We are especially proud of our environmental stewardship; we mop up methane and convert it into useful hydrogen fuel while simultaneously locking up carbon in valuable end products.”

Numerous potential downstream industries will benefit

Hydrogen is emerging as an important fuel. For example, Transform Materials can fully utilize coalbed methane from coal mining operators to produce green hydrogen to power heavy equipment and hauling trucks. Fuel-cell vehicle fleet operators can take advantage of distributed manufacturing and strategic siting of refueling stations. For passenger cars, Transform Materials’ technology enables the build-out of crucial hydrogen infrastructure and produces hydrogen using approximately 40 percent less energy input than conventional methods of production.

For acetylene users, Transform Materials enables on-site production of this important precursor, guaranteeing surety of supply, conveniently and at low cost. Acetylene can be then converted into many derivative chemicals, all possessing high value. In fact, the availability of low-cost acetylene may lead to a renaissance of acetylene use for traditional applications including PVC and acetylene black while laying the groundwork for new industrial applications. A notable example is acetylene-led synthesis of lactic acid, which in turn can be easily polymerized into polylactic acid, a biodegradable polymer for packaging applications that can mitigate ocean plastic pollution.

“Transform Materials provides a green alternative to conventional technologies in the hydrogen economy and the petrochemical industry. Our microwave plasma process harnesses the power of natural gas without burning it, a win for the environment as well as for our partners,” added Soane.

About Transform Materials
Transform Materials LLC was founded in 2014 by scientist and serial entrepreneur David Soane, Ph.D. During six years of sustained R&D, the company has developed a ground-breaking technology that uses microwave-generated plasma to energize the methane in natural gas to form acetylene and hydrogen, while avoiding the legacy processes in the chemical industry that generate impurities and form greenhouse gases. Complementing its contributions to chemical manufacturing, Transform’s technology also produces hydrogen in an energy-efficient way, addressing an important need in the burgeoning fuel cell industry. Transform’s systems are compact and modular, thus readily scalable to match customer needs, whether for large plants or small industrial applications, integrating with existing systems and architecture to minimize adoption costs. Transform’s patented technology platform initiates a green revolution in the utilization of natural gas, sidestepping CO2-forming combustion to convert this abundant resource into acetylene and hydrogen without requiring energy-intensive processing.  To learn more, visit transformmaterials.com/why-transform.

Media contact:
Mike Clinebell
mike@amfmediagroup.com

 

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