PRESS RELEASE
For Immediate Release: 11th March 2024
TrimTabs Limited (“TrimTabs”), the South Wales based process technology company pioneering the low-cost, sustainable production of carbon nanotubes (“CNTs”), is delighted to announce it has appointed Engsolve to build and install its first production train – a Minimum Viable Product (“MVP”) system in TrimTabs’ facility in Bridgend, for the production of carbon nanotubes from hydrocarbons such as waste plastic.
The new state-of-the-art production unit is the first step in commercializing TrimTabs' patented production system and will allow continuous production of low-cost, highly differentiated carbon nanotubes at close to commercial scale. The feedstock comprises waste plastic and other hydrocarbons, and the new unit will facilitate proving the process on various such waste feedstocks along with the development of an associated catalog of CNT production protocols.
Engsolve was selected based on its expertise in developing pilot-scale operations into industrial-scale processes.
First-class environmental credentials are fundamental to the TrimTabs process, which operates on a fully circular economic basis through the upcycling of waste plastic and hydrocarbons into a higher value product. Through an internal re-circulation system, our process produces minimal carbon emissions.
Furthermore, a single MVP unit typically uses only 15 kW of electrical energy to heat and catalytically convert feedstock into carbon nanotubes, which approximates to boiling just five kettles of water. With this power, it can make enough nanotubes for use in hundreds of batteries.
There are multiple market applications for high-quality carbon nanotubes within the battery, supercapacitor, fuel cell, concrete, composites, electricity transmission, and superconductor industries.
The most immediate opportunity lies with the battery industry, for which carbon nanotubes, having conductivity orders of magnitude greater than other materials and a very low weight, stand out as a breakthrough material to be incorporated into both present and future batteries. Today, they represent an immediately serviceable addressable market of £2.9 billion. The TrimTabs process also ensures meeting the most stringent global standards for sustainable battery materials.
The installation of the new unit will move the technology readiness level (TRL) through the qualified gate system from TRL 6 to TRL 9.
This MVP production unit will lead towards the construction and implementation of the First Commercial Model (FCM), a modular micro-factory unit placed within two shipping containers. Each micro-factory will be able to produce up to 60 tonnes per annum of CNTs and be deployed around the globe, monitored and controlled using mobile detection equipment and paid for via a licensing model.
On securing this contract, Chris Davies, Engsolve Engineering Director, said:
“We are delighted to have been awarded the contract for the development of the TrimTabs MVP – the order reaffirms our clients’ confidence in Engsolve’s ability and flexibility to deliver solutions for new technologies. We are pleased to be working with TrimTabs and extending our experience in the rapidly expanding and high-tech market for carbon nanotubes.”
Commenting on this news, Associate Professor Alvin Orbaek White, CEO of TrimTabs, added:
“The appointment of Engsolve to build this pioneering production system is a major strategic advancement in our company's technological capabilities which will serve as a catalyst for expanding our product development capabilities and customer outreach. Utilizing this equipment, our team can accelerate the design iteration process, promptly validate new product R&D, and swiftly collect customer feedback.
“Central to our innovation strategy, the MVP system stands uniquely designed to enhance bespoke carbon nanotubes for mass production. This approach aims for commercial models ready for deployment in modular micro-factory units.”
ENDS
For further information contact:
TrimTabs Limited
Dr. Alvin Orbaek White
T: +447958611796
E: dr.orb@trimtabs.co
IKON Associates (Public and Media relations)
Adrian Shaw
T: 0797 9900733
E: adrian@ikonassociates.com
About TrimTabs
About Engsolve