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Copernic Catalysts, Inc. (Copernic) today announced that, in collaboration with Schrödinger, Inc. (Nasdaq: SDGR), the companies have surpassed the final technical milestone for their jointly-developed ammonia synthesis catalyst, branded NeptuneTM. The Neptune catalyst demonstrated an ammonia yield that was over two times higher than that of competing catalysts under real-world reactor environments, achieving the success criteria outlined in the collaboration agreement.
Ammonia is one of the most critical industrial chemicals due to its use in nitrogen-based fertilizers that support the global food system. However, ammonia production is energy-intensive and is currently responsible for nearly one percent of global CO₂ emissions. By achieving commercial yields at significantly milder conditions, Copernic's Neptune catalyst has the potential to increase the capacity of industrial-scale ammonia manufacturing plants by up to 47 percent, translating to up to $110 million in additional annual profits on the plant level and up to a 23 percent reduction in energy consumption from the Haber-Bosch process.
Posted In: SDGR
