The Braskem-New Iridium partnership focuses on CO2 conversion via photocatalysis, the startup’s expertise, which is an innovative solution based on the use of light sources (e.g., LEDs) and CO2 from industrial emissions in combination with low-cost raw materials. In the early phases of development, the technology creates versions of chemical products with lower carbon footprints and the potential to significantly mitigate CO2 emissions by directly incorporating CO2 into chemical products.