Investors

Carbon for advanced materials, from resource to finished product

Kerogen Systems commercializes patented process technology that converts kerogen, lignite, and other carbonaceous sources into Kerogenate, a carbon feedstock for advanced materials. The business model is build and operate, with licensing to follow.

The model is aligned with state and local development goals and suited to private equity, venture capital, and government programs.

Patented technology. The Thin Bed Cross-flow Retort, coupled to a fractionation column, converts ore into Kerogenate and separates it into product fractions in one integrated operation — protected by two granted U.S. patents (US20180355254A1 and US20210054290A1).

Demonstrated at pilot scale. The Vernal, Utah pilot plant, built with private funding and a USTAR-TAP grant, has demonstrated the commercial potential of the process for carbon products. A full life cycle assessment has been completed.

Growing markets. Pitch-derived carbon products serve small modular nuclear, aerospace and defense, energy storage, mobility, electronics, and construction — sectors projected to grow from roughly 4% to around 25% per year over the coming decade.

Abundant resource. Global kerogen resources total roughly 5.7 trillion barrels of oil equivalent, well over three times the world's proved crude oil reserves, keeping feedstock prices stable and insensitive to the shocks that move crude markets.

Integrated business model. The CEPAC (Carbon Extraction, Processing And Conversion) manufacturing hub is vertically integrated from resource to finished product. Resource and technology ownership shorten time to revenue.

Lower carbon intensity. The process is designed around renewable heating and preserves valuable molecules instead of burning them, giving carbon products a lower carbon-intensity path to net-zero.

Path to Commercialization

Three phases from pilot to plant

  1. Phase 1 — Operate the pilot plant in batch mode to establish the product slate and develop markets.
  2. Phase 2 — Use pilot data for modelling and scale-up to design the first commercial plant.
  3. Phase 3 — Build and operate the first commercial plant.

Partners contribute mining, materials handling, permitting, utilities, and operations expertise for a vertically integrated operation that accelerates time-to-revenue and reduces risk.

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