Skyonic opens new carbon capture plant in San AntonioSkyonic opens new carbon capture plant in San Antoniohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=27302014-10-21T07:29:00Z2014-10-21T00:00:00Z

SAN ANTONIO - Skyonic will unveil its new carbon capture plant today, next to the Capitol Aggregates cement plant.

Austin-based Skyonic developed a technology that captures and reuses industrial air emissions. The new SkyMine plant will use electricity to turn carbon emissions into baking soda, bleach and hydrochloric acid which will then be sold commercially.

The $125 million SkyMine plant was funded in part by a grant from the U.S. Department of Energy with a match from Capitol Aggregates' parent, San Antonio-based Zachry Corp.

It is expected to have a total carbon impact of 300,000 tons annually and generate $48 million in revenue and $28 million in annual earnings. The company already has five and ten-year contracts in place for the sale of the products.

The new plant employs 44 full-time workers.

San Antonio Business Journal
San Antonio-New Braunfels
http://www.bizjournals.com/sanantonio/blog/morning-edition/2014/10/skyonic-opening-new-carbon-capture-plant-in-san.htmlRead more at {Source}

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