National Carbon Technologies acquires Cool Planet’s biocarbon business

June 21, 2020 |

In Minnesota, National Carbon Technologies acquired Colorado-based Cool Planet’s biocarbon business, including more than 50 issued and pending patents for biocarbon production and product technologies for use in multiple markets including renewable energy, metals, agriculture and water purification.

With capacity to convert 300,000 tons per year of certified sustainably sourced biomass into advanced biocarbon products, the Marquette facility is the largest in the United States.  The plant’s patented design creates its own process energy and has an impressive environmental and sustainability profile.

The acquisition integrates Cool Planet’s award-winning product technologies and NCT’s proven low-cost commercial production into global markets with world-class quality assurance. Patents acquired in this acquisition allow further process and product enhancements including use of performance enhancing microbes and additives.

“We are delighted that the biocarbon technologies we pioneered now will be more accessible based on NCT’s proven commercial production capabilities,” said Jim Loar, former CEO for Cool Planet.

Given the fast expansion of the company, it is expanding its team of industry experts to lead the various sectors of its business. JJ Zmudzinski, a Cargill operations leader for 25 years, recently joined NCT to serve as its first chief operating officer.  Dr. Daren Daugaard, who has over 25 years of thermochemical and engineering experience including Oak Ridge National Laboratory and companies such as ConocoPhillips, also joined NCT to serve as its director of pyrolysis and thermal engineering.

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Category: Fuels

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