Photanol, a World Economic Forum Tech Pioneer, is making the chemical sector more climate-friendly by helping three European chemical companies build circular carbon products. Its unique technology promises to produce chemicals used in the making of products ranging from plastics to fertilizer and facial peels in a biological, sustainable and cost-effective way, while reducing atmospheric CO2. It is just one example of how collaborations between startups and corporates can help solve the United Nations’ Sustainable Development Goals (SDGs) and make European industry more competitive.
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