Japanese steel giant Nippon Steel announced that joint research proposal from Nippon Steel, The University of Queensland in Australia and Urban Utilities Australia has been funded AUD 515,725 by the Australian Research Council through the Linkage Project scheme. Nippon Steel partnered with The University of Queensland in & Urban Utilities to develop a project that aims to convert CO2 into valuable chemicals, using a combination of microbial and electrochemical processes. In production of valuable chemicals from gaseous waste project, partners will generate significant value upgrade from waste CO2 by targeting the production of medium-chain carboxylates, which are important platform chemicals for various applications in the nutraceuticals and agriculture industries, and that can potentially be converted into fuels.Dr Bernardino Virdis and his team at the Australian Centre for Water and Environmental Biotechnology at The University of Queensland in Brisbane, Australia, have already demonstrated microbial synthesis of these chemicals from waste CO2 at the laboratory scale. In this project, the research team aims to optimize the technology and to resolve practical challenges related to its upscaling.Carbon Capture and Utilization technology to produce valuable chemicals offer opportunities towards goal of carbon neutrality is by synthesizing raw materials for valuable chemicals by reusing CO2. Much of the research and development into CCU utilizes chemical reactions with catalysts. In general, while chemical process requires high temperatures, elevated pressures and expensive catalysts, microbial process can occur under mild temperature and pressure, allowing significant energy- and cost-savings.