Phytonix Corporation

Phytonix Corporation is an award-winning industrial biotechnology company founded in 2009. Its slogan, "Sustainable Chemistry Powered by the Sun™", reflects its focus on commercializing a globally patented carbon dioxide utilization (CDU) process that leverages photosynthesis to eliminate and directly convert CO2 emissions from industrial sources into biobased chemicals and fuels. The company's headquarters are in the United States, with development laboratories in Sweden, Colorado, Nova Scotia, and Vancouver, Canada. Phytonix is making strides in sustainable chemistry by offering a process that enables the production of n-butanol for about $2.50/gallon, significantly lower than the current wholesale price of approximately $9.00/gallon. As a result, the company is on track to become the world's low-cost producer of butanol, targeting a market valued at about $11 billion annually, with approximately $2.4 billion per year in the United States alone. What makes Phytonix stand out is its carbon-negative butanol production process, which replaces existing fossil-based, carbon-intensive processes. For every 138 gallons of n-butanol produced, the Phytonix process eliminates one tonne of CO2 feedstock, contributing to a positive environmental impact by creating oxygen as a byproduct. The company's recent Venture Round investment at 01 September 2019 was backed by Tech Coast Angels and Keiretsu Capital, indicating growing interest and support from notable investors in the biotechnology and industrial sectors. Phytonix's plans to co-locate its solar chemical plants at industrial facilities emitting large amounts of carbon dioxide further demonstrate its commitment to sustainability and innovation in the industrial and biotechnology industries.