Syensqo and Ardent Announce Strategic Partnership to Accelerate Point Source Carbon Capture Innovation

Syensqo and Ardent today announced the formalization of their strategic partnership, building upon more than two years of successful collaboration in advancing carbon capture and olefin-paraffin separation solutions.

The partnership includes a licensing agreement and establishes Syensqo as a strategic supply chain partner to Ardent, marking a significant milestone in both companies' commitment to driving innovation in sustainable energy technologies.

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This partnership combines Syensqo's world-class materials science expertise and industrial scale with Ardent's innovative Optiperm™ membrane carbon capture and olefin-paraffin separation solutions. As part of this collaboration, Syensqo supplies specialty materials essential for Ardent’s high-performance membrane modules and systems.

The relationship extends beyond supply chain collaboration, with Syensqo having made a direct investment in Ardent’s Series A funding round, demonstrating strong confidence in the company's technology and growth potential.

The collaboration strengthens both companies' positions in the rapidly evolving energy transition landscape, with Syensqo committing to support Ardent’s ambitious scaling plans with a supply of tailored materials.

"This partnership represents a significant step forward in our mission to accelerate the energy transition," said Erica Nemser, CEO of Ardent. "Syensqo's commitment as an investor and now as a strategic supply chain partner not only validates our technology but also provides us with the industrial backbone needed to scale our solutions rapidly and reliably."

"Our collaboration with Ardent aligns perfectly with our dedication to developing innovative solutions for a sustainable future," said Peter Browning, President of the Specialty Polymers Business at Syensqo. "This partnership demonstrates our commitment to investing in and scaling breakthrough technologies that will play a crucial role in the global energy transition."

The strategic partnership will focus on scaling up production capabilities and strengthening the supply chain infrastructure needed to meet growing market demand for Ardent’s Optiperm™ product line. Both companies are committed to maintaining their positions at the forefront of sustainable technology development and deployment.

About Ardent

We pioneer advanced membrane technologies to accelerate decarbonization and transform the global industrial and energy landscape. Our patented and proven membrane technology harnesses membrane chemistry for point-source carbon capture and other challenging chemical separations. With its modular, bolt-on Optiperm™ platform, we provide proven, scalable, energy-efficient, and cost-effective separations for a variety of industries and applications. We have over 20 years of manufacturing experience across power generation, industrial chemicals, pharmaceuticals, and O&G operations and a proven track record of taking new technologies from the lab to the field, partnering with global leaders like Chevron, Pfizer, and Braskem to deliver end-to-end solutions at commercial scale. In 2023, Ardent raised an oversubscribed $16.5 million Series A round led by Pangaea Ventures, with participation from Syensqo Ventures, Chevron Technology Ventures, Technip Energies, and GC Ventures.

About Syensqo

Syensqo is a science company developing groundbreaking solutions that enhance the way we live, work, travel, and play. Inspired by the scientific councils which Ernest Solvay initiated in 1911, we bring great minds together to push the limits of science and innovation for the benefit of our customers, with a diverse, global team of more than 13,000 associates in 30 countries. Our solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices, and health care applications. Our innovation power enables us to deliver on the ambition of a circular economy and explore breakthrough technologies that advance humanity. Learn more at www.syensqo.com.