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basu says opus 12's aim is to make a mass market chemical industry, using gases captured from the atmosphere and chemicals produced by the company. "when you make small amounts of chemicals, it's very expensive to process a ton of gas. you can do it, but it's not practical," he says. "but when you make large amounts of chemicals, it's very economical to process a ton of gas because you can spread out all the costs." production at the plant in germany will probably be limited initially, but basu expects scaling up to be possible once the company has gained experience.

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the quality of opus' electrolysis facilities will improve dramatically as the company gets out of the manufacturing phase. basu emphasizes that the main advantage of electrolysis is that the gases, salts and chemicals are all made on the same catalyst. high-volume production creates economies of scale that are impossible to attain without strong economies of scale in their own right. the company's existing facilities in the netherlands and germany can be converted easily to produce gases of all kinds, basu says. once the company develops the scale necessary to drive down the price of production, it will be able to build a network of plants to produce chemicals all around the world.

toshiba's failure to diversify the company's business sufficiently led it into the hands of short-sighted managements, says ravinar s. dasgupta of the massachusetts institute of technology. "they have to go to the top management and say, 'what do we really want to do?' and that's the crux of the problem. they have to go and say, 'we can't do x. we can't do y. we can't do z." dasgupta says.

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