Turn pollution into a new material which is harder than steel

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Turn pollution into a new material which is harder than steel

IndiaIndia
Year Founded:
2010
Organization type: 
for profit
Project Stage:
Start-Up
Budget: 
$1,000 - $10,000
Project Summary
Elevator Pitch

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

Damascus Fortune has patented technology that transforms harmful carbon emissions into carbon nanotubes - one of the strongest material known to man. Our equipment is installed on factory chimneys in order to capture the waste carbon gas and convert it into usable carbon nanomaterials.

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

We could replace steel with carbon nanotubes?
About Project

Problem: What problem is this project trying to address?

Global Warming impacts 1. Rising Seas--- inundation of fresh water marshlands (the everglades), low-lying cities, and islands with seawater. 2. Changes in rainfall patterns --- droughts and fires in some areas, flooding in other areas. See the section above on the recent droughts, for example! 3. Increased likelihood of extreme events--- such as flooding, hurricanes, etc. 4. Melting of the ice caps

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

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.

Awards

30 under 30 Forbes List
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.

Damascus Fortune have been chosen by several major business clients in the Metallurgical coke industry, Tyre pyrolysis industry, Oil & Petrochemical industry, Refineries, Coal mining industry etc. We are further spreading our base to include many manufacturers and moving into extensive partnerships with many key opinion leaders and companies. The consumers of our carbon products are from Tyre Industry, composite manufacturers, Battery & Supercapacitor industry and Cement & concrete industry.

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

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
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?

Currently, there are no other competitors with a commercially-viable CNT production from carbon emissions for consumer applications
Team

Founding Story

High Performance – High quality Carbon nanotubes, fibers & filaments for various Industrial and Research applications. Clean Technology – Climate change causing Carbon emissions are converted into a very useful product which will motivate to start-up more Nanotech based products and Industries. Cost Effective - As our technology uses waste for Carbon Nanotube production, the cost involved for carbon nanotube synthesis is very less.Hence we offer our customers, the Carbon Nanotubes at highly competitive rates compared to market.

Team

We are consisting of Vivek Nair, founder and graduate from MIT and Julian Marwitz, shareholder and serial investor.
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