A Canadian project developer picked up a stranded Quebec fuel complex at a steep discount, scrapped its original process and bet on e-methanol. The clever part is reuse; the hard part is turning cheap infrastructure into bankable fuel.
Dioxycle is a French-American climate-tech company building a low-temperature electrolyzer that turns waste CO2, water, and renewable electricity into sustainable ethylene - the world's most-used organic chemical - at a cost competitive with fossil-derived ethylene. Founded in 2021 by electrochemists Sarah Lamaison and David Wakerley, it aims to electrify chemical manufacturing and recycle industrial carbon emissions at gigaton scale.