Total addressable market for our clean hydrogen and acetylene is over $100 billion
Our focus is to provide critical building blocks to allow our customers to produce cost competitive environmentally friendlier products that are in our everyday use, whether we know it or not. We accomplish this by repurposing methane from various sources, which in its natural state is a greenhouse gas, into high value clean hydrogen and acetylene. Our methane comes from natural gas pipelines, flare gas, biogas, landfill gas, renewable natural gas, and liquified petroleum gas. Transform’s first generation production plant using our novel microwave plasma technology which produces, high purity hydrogen and acetylene, that are critical chemical critical building blocks for various multibillion dollar markets including:
Hydrogen can be combusted to yield energy or used in a fuel cell to produce electricity, without emitting any carbon dioxide. Thus, hydrogen is ideal for transportation applications, and advances in fuel cell technology and hydrogen storage are unlocking even more applications, including marine and aviation. Cost-competitive, low carbon intensity hydrogen will allow for the decarbonization of large portions of transportation industries.
Both acetylene and hydrogen are commonly used in the production and fabrication of metals: hydrogen is used in heat treatment, annealing, and sintering; acetylene is used for brazing, cutting, flame gouging, spot heating, hardening, texturing, cleaning, and thermal spraying. Additionally, new technologies are being developed to use hydrogen directly in metal manufacturing to significantly reduce the large carbon footprint associated with traditional processes.
Chemicals are essential to our modern economy, comprising over 70,000 different products that people use every day from families including basic chemicals, inorganic chemicals, health and wellness products, and consumer products. Acetylene and hydrogen are key ingredients required to produce many of these chemicals.
Chemicals are essential to our modern economy, comprising over 70,000 different products that people use every day from families including basic chemicals, inorganic chemicals, life science, and consumer products. Acetylene and hydrogen are key ingredients required to produce many of these chemicals.
Hydrogen is a key ingredient in fertilizers. Fertilizers have allowed farmers to more than double crop growth over the same acreage. As population continues to grow, there will be an increasing global need for fertilizers to further increase crop yield.
Both acetylene and hydrogen are key elements in the broader general industrial market that covers a wide variety of segments including food and beverage (hydrogenation of vegetable oils), vitamin manufacturing, glass (making flat glass) and electronics (carrier gases) amongst others.
Fragrance and Flavors
Aromatic chemicals and flavors enrich a variety of products, from candles and perfumes to packaged food and drink and cosmetics. Acetylene is one of the key ingredients utilized to manufacture fragrances and flavors.