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Kenaf Ventures
Kenaf Ventures Overview
Kenaf Ventures is an Israeli cleantech company focused on reducing global CO2 emissions and the use of polluting materials by the industrial sector. By leveraging the company's know-how, intellectual property, and the mechanical properties of natural fibers such as kenaf and hemp, Kenaf Ventures creates bio-based raw materials that meet the UN Sustainable Development Goals (9 out of 17), end users' demand for sustainability, and manufacturers' requirements for green solutions with improved properties and at competitive prices.
The company's products rely on its abilities to combine high percentages of natural fibers with other raw materials such as plastic, wood, and cement, while reducing the use of those materials, improving the properties of the final product, and maintaining a competitive price. Kenaf focuses on three major industries: plastics (bioplastic), construction (bio-block, bio-plaster), and insulation (substitute for styrofoam and rock wool).
Kenaf Ventures Climate Tech relevance
Kenaf Ventures captures CO2 using an organic process (kenaf plant) and converts it to sustainable products such as bioplastic and bio-construction materials. Capturing the CO2 takes place before it is regularly released back to nature.
The Kyoto Protocol recognizes kenaf as an effective plant in reducing global warming. It has a fast-growing pace (4 to 5 months per cycle) and offers a high rate of biomass production per dunam. Kenaf's growth rate and structure make it an exceptional CO2 absorber. It also absorbs harmful elements like heavy metals from the soil and can be grown on marginal lands using low-quality water. The company's methods include high-yield kenaf biomass cultivation, low-energy non-chemical processes, reduced use of pollutants, and a local economy strategy to minimize transportation. These approaches have the potential to significantly remove CO2 from the air, store it, and convert it into valuable biomass and green products with a negative carbon footprint.