“Boeing Co.-backed startup Equatic is building a demonstration plant in Singapore that will remove carbon dioxide from the atmosphere while also producing hydrogen, the company announced Tuesday.

The project will move the three-year-old startup one step closer to commercializing its unique technology that relies on seawater and electrolyzers. When completed, the plant will be capable of capturing about 3,650 metric tons of carbon dioxide and producing over 100 tons of hydrogen annually, according to the company.”

From Bloomberg.