Six Fifty Kft. (650 Kft)

Six Fifty Kft or 650 Kft is an SME Cluster from Dunaföldvár, Hungary that plans to invest between €1-2 million in the construction and operation of a pilot production facility for photomediated glycogenesis using waste CO2 to replace hydrocarbons in the chemical, plastics and fuel markets.

650 enters into the market of Castor oils by an innovative biogenic technology whereby also contributing to climate change mitigation.

The business model of 650 is built around the idea of utilising biogenic CO2 sources to produce Castor oil. CO2 is sourced from a co-located corn ethanol plant, so the production process of 650 is considered biogenic.