Petroleum residue
- Canada
- For-profit, including B-Corp or similar models
Petroleum residue from oil refining creates a significant pollution problem worldwide. Refining crude oil into petroleum products like gasoline yields residues like petroleum coke that contain harmful impurities. Stockpiling and burning these residues releases toxic chemicals into the environment, contributing to air and water pollution. There is a pressing need for innovative solutions to repurpose these hazardous byproducts into productive uses. At c7Teclab Ltd., we have developed a unique production system to convert petroleum residues into high-quality carbon fibers. Our thermal conversion process removes impurities and allows us to spin the carbon content into strong, lightweight fibers with diverse applications. By transforming refinery waste into a valuable advanced material, we provide environmental and commercial benefits. Carbon fiber is in high demand for manufacturing due to its exceptional strength-to-weight ratio. However, conventional carbon fiber production from fossil fuel-derived precursors is expensive and energy-intensive. Our system offers a cost-effective alternative by utilizing an abundant waste stream as raw material. We provide the marketplace with innovative carbon fiber that reduces waste while meeting performance needs. Overall, our technology offers solutions to two pressing problems - eliminating toxic petroleum residues and producing affordable advanced carbon fibers. By converting refinery byproducts into high-value material, we aim to reduce the environmental impact of oil refining while meeting market demand for composites.
At c7Teclab Ltd., we have developed an innovative process to convert petroleum residue into high-quality carbon fiber. Our proprietary methods extract carbon from the residue in an eco-friendly manner, reducing waste while creating a versatile advanced material.The key advantages of our solution are:
Unique production methods to convert an environmental hazard into a valuable product
Mitigating oil refinery waste and emissions through residue bicycling
Generating 100% carbon fiber that is extremely strong, durable, and lightweight
Offering industries a greener advanced material alternative over traditional carbon fiber production
Enabling wide applications for carbon fiber in the automotive, aerospace, sporting goods, and construction industries Our carbon fiber production methods are the first of their kind in the industry. We have patented processes to extract high-purity carbon from petroleum residue in an oxygen-free furnace, spin it into precursor fibers, and precisely proselytize and carbonize the fibers. This results in consistent quality carbon fiber that matches or exceeds the properties of standard carbon fibers. By transforming refinery residue into useful carbon fiber, we provide a sustainable solution both environmentally and economically. Our production methods solve pressing industry waste problems while meeting the growing demand for advanced materials.
As demand increases for lightweight, high-strength materials in aviation, automotive, and renewable energy, our production capacity and patented process innovations enable us to meet customer needs. Increasing use of carbon fiber composites in commercial jets and automotive applications to improve fuel efficiency and reduce emissions
Rising deployment of carbon fiber in wind turbine blades and solar panel frames to lower costs and improve performance
Stricter emissions regulations globally propelling demand for materials like carbon fiber
We are targeting the automotive, Solar & semiconductor fields, and aerospace industries where the market for carbon fiber is expected to grow 10% annually. Major aircraft manufacturers are increasing the use of composites to 50% of structural weight, up from 15% historically. In automotive, carbon fiber usage is rising sharply in high-end vehicles and sports cars.
100% Pure Carbon Material
No elasticize, no environmental pollution,
Excellent electrical conductivity, thermal conductivity, high-temperature resistance, wear resistance, and chemical corrosion resistance
Tensile strength > 3000 MPa, modulus > 250 GPA characteristics. Shortens the production process and cycle of carbon fiber.
- Other
- 7. Affordable and Clean Energy
- 9. Industry, Innovation, and Infrastructure
- 11. Sustainable Cities and Communities
- 13. Climate Action
- Prototype
Currently, it is in the capable of producing a small number of trial samples to provide samples to potential customers.
Tailored capacity workshops
Leadership coaching
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- Product / Service Distribution (e.g. delivery, logistics, expanding client base)
- Public Relations (e.g. branding/marketing strategy, social and global media)
This project to develop ultra-fine spun carbon fibers and an innovative series of nano-carbon fibers. It employs asphalt-based carbon fibers as reinforcement to produce a range of graphite, carbon, and composite materials, competing in the cutting-edge global industry of high-modulus, high-strength, and high-thermal-conductivity carbon fibers. The primary objective of this initiative is to contribute to the improvement of the surrounding environment. The product line encompasses a wide range of applications, extending from low-end utilization in the civil and construction sectors to mid-range implementation in the mechanical, metallurgical, chemical, semiconductor, and electronic industries. At the high end, we cater to the aerospace, nuclear reactor, and other advanced fields, offering a comprehensive selection of carbon fibers and composite materials."
Key metrics we track include:
Tons of raw materials are processed annually
Tons of carbon fiber are produced annually
Utilization rate of production capacity
Production yield percentage
Profit margin percentage
Our goals are to increase tons processed to 2,000 annually, improve production yield by 1% through optimized temperature control, and expand profit margins by 3-5% through partnerships to utilize carbon fiber byproducts. We will continue monitoring our key production metrics closely to ensure we meet growth and efficiency targets.
The global carbon fiber market is projected to reach $6.7 billion by 2025, up from $4.7 billion in 2020, representing a compound annual growth rate (CAGR) of 7.2%.
We anticipate a 10% year-over-year sales growth by implementing these strategies.
This project to develop ultra-fine spun carbon fibers and an innovative series of nano-carbon fibers. It employs asphalt-based carbon fibers as reinforcement to produce a range of graphite, carbon, and composite materials, competing in the cutting-edge global industry of high-modulus, high-strength, and high-thermal-conductivity carbon fibers.
- A new technology
- Manufacturing Technology
- Materials Science
- Canada
5 years.
Our proprietary processes for converting petroleum residue into carbon fiber composites have enabled us to offer high-performance and cost-effective materials for our B2B customers.
- Organizations (B2B)
As our products are customized, we need customers to provide the demand index before we can produce according to the customer's demand quantity, therefore, we need customers to pay 65% deposit before we can produce. In addition, the relevant local government-type funds will also give corresponding subsidies in the form of grants to innovative technology companies;
Founder/CEO