Turning pollution into high value product

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Turning pollution into high value product: New material harder than steel

Singapore, Singapore
Project Stage:
Growth
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Project Summary
Elevator Pitch

Concise Summary: Help us pitch this solution! Provide an explanation within 3-4 short sentences.

Damascus Fortune Inc. turns pollution into useful products like Carbon Nanotubes, carbon Nanofibers etc which is used to prepare Nano-inks for Nano-electronics, CNT-solution which is used as coolants and Carbon nanotube paste for preparing rechargeable battery electrodes and bacitors(Battery & Super

WHAT IF - Inspiration: Write one sentence that describes a way that your project dares to ask, "WHAT IF?"

Climate Change is a word from the past?
About Project

Problem: What problem is this project trying to address?

Carbon emissions and Global Warming are highly related. Every tonne of carbon dioxide released into the atmosphere will lead to 0.0000000000015 degrees of global temperature change. If we want to restrict global warming to no more than 2 degrees, we must restrict total carbon emissions – from now until forever – to little more than half a trillion tonnes of carbon.

Solution: What is the proposed solution? Please be specific!

We produce Carbon Nanotubes & Carbon Nanofibers from Industrial and Auto-mobile flue gas containing carbon emissions via unique process and an patent pending efficient catalyst. " Carbon Nanotubes are 25 times stronger than Steel "
Impact: How does it Work

Example: Walk us through a specific example(s) of how this solution makes a difference; include its primary activities.

Damascus Fortune turns Pollution into industry grade carbon Nanotubes via a relatively economical process. Many technology for Carbon capture exist in the world but none of them gives out a useful product like us. Our Technology will motivate people to use our process which will give them good profit for their waste and also reduce carbon emissions. Damascus Fortune has partnered with many Rice Mills and Pollution producing Industries in India for producing Carbon Nanotubes at a lower cost.We are in a move to spread our technology and manufacturing process to Kenya and East Asia.We aim to have a huge environmental impact throughout the world using our technology.

Impact: What is the impact of the work to date? Also describe the projected future impact for the coming years.

Our patent pending technology and process produces Carbon Nanotubes from Carbon emissions, which is a novel technology and never been in practise till now

Spread Strategies: Moving forward, what are the main strategies for scaling impact?

For the most part, Carbon capture technology used in Industries are naive and involves cost for carbon sequestration and is non profitable.Carbon Nanotubes has been researched for various material science applications and most of them has not been into market due to the high cost involved in its production via the traditional process. In contrast, Damascus Fortune applies the latest in: Advanced Polymers Nano-technology Processing methodologies Damascus Fortune is unique because it will successfully tackle the climate change.
Sustainability

Financial Sustainability Plan: What is this solution’s plan to ensure financial sustainability?

Damascus Fortune is a self-funded company which is currently operating under the promoters fund and we plan to raise more funds by partnership with many Industries and venture capitalists for large scale manufacturing.

Marketplace: Who else is addressing the problem outlined here? How does the proposed project differ from these approaches?

For the most part, Carbon capture technology used in Industries are naive and involves cost for carbon sequestration and is non profitable.Carbon Nanotubes has been researched for various material science applications and most of them has not been into market due to the high cost involved in its production via the traditional process. In contrast, Damascus Fortune applies the latest in: Advanced Polymers Nano-technology Processing methodologies Damascus Fortune is unique because it will successfully tackle the climate change.
Team

Founding Story

Damascus Fortune aims to provide leadership through cutting-edge, low-cost, and sustainable technology by reducing amount of carbon emission created by industry and converting it into useful carbon products like carbon nanotubes and nanofibers. This unique carbon capture and conversion technique is extremely profitable as the application of carbon nanostructures is innumerable and can replace many limited natural resources. It is the mission of Damascus Fortune to reduce the escalation of the environmental, energy, and economic crises and have a positive social and environmental impact on the world.

Team

Vivek is a budding entrepreneur & inventor behind the Damascus Fortune technology. He was listed in the Forbes “30 under 30” - energy category and also received the India – MIT Technology Review (TR35) award in Material Science category for his Invention. Vivek has been featured in several magazines and newspapers for his work about Damascus Fortune. He is also the winner of National Award for Meritorious Invention from NRDC, India.
About You
About You
First Name

Julian

Last Name

Marwitz

About Your Project
Organization Name
How long has your organization been operating?

Project
Organization Country

, Singapore

Country where this project is creating social impact
What awards or honors has the project received?
Funding: How is your project financial supported?

Friends and family.

Supplemental
Sector

Greenhouse Gases.

Audience: Who have you identified as your customer/recipient groups and do these groups value your solution for different reasons? How do you engage different customer/recipient groups to deliver your solution?

Damascus Fortune have been chosen by several major business clients like Hub Culture and Akili Technologies,Kenya. We are further spreading our base to include many manufacturers and moving into extensive partnerships with many key opinion leaders and companies.

Scaling the solution: How would the prize money and publicity help you to achieve your objectives over the next two years?

At the present time in the development of Damascus Fortune's carbon nanotubes unique synthesis process, there are no serious obstacles to bringing the technology into the market. Many of the fundamental chemical and technology challenges that were experienced in the earlier phases have been overcome. Right now, the focus is on scaling manufacturing processes to meet high anticipated demand. The Damascus Fortune's manufacturing process is unique in many respects relative to that of alternative Carbon capture technologies. The current work is focused on achieving and maintaining world class quality.

Experience: Please provide examples of any previous entrepreneurial initiatives you have pioneered

I have led Arineos, a construction company focused on energy efficiency. We have provided energy management systems for clients in 15 countries and reduced carbon emissions significantly.

Are you are eligible to attend the Accelerator event in Cambridge and subsequent events in London, UK in January, 2015?

yes

Will you require a visa to enter the UK?

Are you are a current Unilever employee?