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Highlights
- BPH Energy's investee company Clean Hydrogen Technologies Corp (CHT) has transitioned to production from proof of concept.
- CHT employs thermo-catalytic pyrolysis to extract hydrocarbons from natural gas, resulting in two products - solid carbon composite and turquoise hydrogen.
- CHT is focused on expanding its production of carbon composite and hydrogen.
BPH Energy Limited (ASX: BPH) has informed that Clean Hydrogen Technologies Corp (CHT), in which it has a 15.6% interest, has moved to production from proof of concept.
CHT utilises thermo-catalytic pyrolysis to extract hydrocarbons from natural gas. Thermo-catalytic pyrolysis combines heat, a catalyst and has no oxygen. The feedstock for CHT is natural gas. Notably, the core process results in no CO2 emissions. This makes natural gas a clean source, yielding two products – solid carbon composite and turquoise hydrogen.
Turquois hydrogen stands for the hydrogen sourced from natural gases hydrocarbons by employing thermos-catalytic pyrolysis.
About carbon composite
No CO2 is emitted from the process as the carbon turns into solid form - a fine black dust type material. In the case of CHT, it is a carbon composite made through CNTs (Carbon Nanotubes) and Alumina.
Carbon nanotubes possess unique mechanical properties that enhance their role as a toughening agent through reinforcement of their alumina composite. Moreover, it has a tensile strength that exceeds steel, conductivity superior to copper and thermal dissipation higher than diamonds. Also, they have displayed resistance against fatigue and corrosion.
CHT is committed to upsize its hydrogen and carbon composite production.
BPH shares jumped 4% to trade at AU$0.026 on 23 February 2024.