Chevron invests in carbon capture and removal technology company, ion clean energy

Houston & boulder, colo.--(business wire)--chevron new energies (cne), a division of chevron u.s.a. inc., announced a lead investment in ion clean energy (ion), a boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ice-31 liquid amine system. ion raised $45 million in series a financing led by cne. the capital raised will continue to fund ion's organizational growth and commercial deployment of its ice-31 liquid amine carbo.
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