Formed to use the pollution of today to build the materials of tomorrow by converting CO2 gas into solid products.

Founded in 2014

Based in Calgary

 Employees: 10


30 Second Pitch:

CUT sells advanced solid products derived from greenhouse emissions and cheaply available solids. Since 2014, CUT has scaled its ability to capture CO2 emissions from point sources, such as power plants, by over a million times and has technically validated the performance of its end products in over 10 different industrial markets. Through its portfolio of CO2-derived solid nanoparticles, CUT has technically validated its solutions for use in the plastics, coatings, epoxy, adhesives, concrete, lithium-ion battery, pharmaceutical industries, and consumer products.

CUT commercialized a corrosion-resistant coating, utilizing its nanoparticles, in 2017, becoming the youngest CO2 utilization company to generate commercial revenue (<2.5 years since inception) and has since been confirmed as one of the top CO2 utilization companies in the world as one of the 10 Carbon X-Prize Finalists. CUT has been named as a Solar Impulse Efficient Solution label recipient, a funding recipient of Fundación Repsol Entrepreneurs Fund, and a winner of the 2019 76West Clean Technology Competition.


Carbon Sequestration Technology /


CUT Team / Jason Dziver

Apoorv has served as the president of CUT since the commencement of the Emissions Reduction Alberta Grand Challenge in April 2014. He holds a B Sc. In Chemical Engineering from Georgia Institute of Technology (2010) and manages technical progress, business development, and academic/industrial partners to assist in the validation, development, scale-up, and subsequent commercialization of the firm’s technology. Using lean principles and adhering to the philosophy of open innovation, Apoorv and his team successfully finished the project proposed in the first round of the CCEMC GC more than 20% under budget and 3 months before the estimated timeline. Apoorv is a 2019 Globe VIP, a Clean50 2017 Emerging Leader, an Energy Futures Lab fellow, as part of a cohort of Albertans pulled together as a think-tank for policy trajectories which help Alberta make a transition to a low-carbon, sustainable energy future. Apoorv was included in Alberta Oil’s “35 Under 35 list” in July 2016. He has represented CUT at various events including Watervent 2014, Rice Alliance CleanTech Forum 2015, Americana 2015, Globe 2016, DSN Network (Warsaw, Poland) 2015, Collision 2019, and a host of other events. Most recently, Apoorv was listed on the Forbes 30 Under 30 list for Energy.

Greg started his career in the service sector of the Alberta oil and gas industry in 1977. His business experience includes 10 years with Core Lab as well as the start-up, and eventual sale of Analog Tracer Services. Greg’s career has taken him throughout North America and helped him understand the benefits of quality products and their integral role in producing long-term economic growth. As
an active team member in CUT since April 2014, he has brought substantial value and will continue to provide his support in the firm’s dealings with various academic and industrial partners.

Chad Belanger has 25+ years of experience working as a pipefitter and operations management. He is a journeyman welder and has managed teams of over 20 people in the oilsands. Chad’s experience is an asset to CUT’s team as he’s worked in various industries from construction to downstream and upstream oil and gas.

Originally based in Ontario, Ryan moved to Calgary to pursue his graduate studies at the University of Calgary. There, he graduated with his Masters of Science in Sustainable Energy Development. This complemented his Bachelors of Commerce degree from the University of Guelph. Always keen on starting a career in sustainability, Ryan pursued an opportunity with Carbon Upcycling Technologies.In his position as Special Projects Manager, Ryan coordinates business and technical stakeholder
discussions and explores domestic and international opportunities for the company. His role bridges the gap between business development and technical research, looking at ways to further CUT’s goal of turning waste emissions into value-added products.

Madison Savilow graduated in 2019 from the University of Calgary with a B. Comm. in Accounting and B. A.Hons. in Sociology. She carries a strong passion for entrepreneurialism, business, and the sciences. In a short time, she has proven a valuable team member by facilitating key engagements with potential clients. Apart from adept networking, a broad and capable skill set has allowed her to ensure the progress of multiple aspects of CUT’s business development such as: drafting vital marketing and technical documents, building funding applications, and procuring materials. Madison has been instrumental to some of CUT’s most promising business ventures and will continue to contribute substantially to the company.

Awards, Accolades, and Accelerators

Top 10 Finalist in the NRG Cosia Carbon XPRIZE

Solar Impulse Label for Efficient Solutions

76West Competition

Fundacion Repsol

Oi Award

ACTia Engagement

Check out the following ACTia Clean Tech Podcast, in which we featured Madison Savilow, Chief of Staff of Carbon Upcycling Technologies

Learn More

Carbon Upcycling’s Products