The Value Group, which specialises in sustainable systems, has gained Energietransitiefonds Rotterdam (ETF-R) as an investor.
The funding of €2m will be used to drive forward the further development of the so-called “Value Hub” for carbon unloading and processing.
The technology is intended to capture and store CO₂ emitted by ships and enable effective reuse or storage. The maritime industry will benefit from the associated reduction in emissions, the group – consisting of the companies Value Maritime and Value Carbon – announced on the occasion of the new agreement.
“Filtree” system stores carbon
Value Maritime is the developer and installer of one of the first commercially viable hybrid CO2 capture and exhaust gas purification systems, marketed under the name “Filtree”. This system not only captures and stores CO₂, but is also designed to remove sulphur, ultra-fine particles and CO2 from ships’ exhaust gases as well as oil residues and particles from waste water. The Filtree system thus supports compliance with current and future environmental regulations.
The systems have integrated carbon capture so that ships can temporarily store the CO₂ collected on board in tanks or containers. This onboard storage can then be sustainably discharged in port for reuse or further storage, which is managed by Value Maritime’s sister company Value Carbon.
“With InnovationQuarter as a new shareholder, Value Group gains a strong strategic partner to accelerate the development of our Value Hub in Rotterdam for CO₂ unloading and processing,” said Maarten Lodewijks, co-founder and director of Value Group. “This partnership not only strengthens the realisation of this Value Hub as a blueprint for future Value Hubs, but also drives the continued expansion and innovation of our patented carbon capture technology.”
Value Group expands development in Rotterdam
With the investment from ETF-R and further active support from InnovationQuarter – a development agency based in South Holland – Value Group aims to accelerate the development of its hub in Rotterdam.
In the meantime, a pilot program in Westland greenhouses is demonstrating the practical application of the technology. The captured CO₂ is released during the day to promote photosynthesis and plant growth, demonstrating a sustainable solution for agriculture.
Reinaud Struycken, Senior Investment Manager at InnovationQuarter and ETF-R, said: “We are very pleased to be able to invest in a sustainable company that supports the reduction of CO₂ emissions in Rotterdam and beyond. Their innovative ‘Catch & Release’ technology fits perfectly with our vision of a cleaner and more sustainable Rotterdam. The company is an excellent example of how carbon capture and storage technology can benefit this and other sectors. ETF-R looks forward to supporting Value Group in its growth.”
