Through the partnership, the two companies will jointly support and develop Carbon Capture Utilisation and Storage (CCUS) projects on a build-own-operate model. Projects in Europe will start immediately, focusing on capturing CO2 for utilisation in each market locally. Marubeni Corporation and CCSL will be actively looking to advance the partnership by investing in additional global projects.
The partnership builds on an existing and close relationship between the two companies. Marubeni invested in CCSL via the latest $22m Series B funding round. The funds will be used to grow the CCSL team and deliver its proven CO2 capture technology for CCUS projects across the steel, cement, waste management and refining & petrochemicals sectors. (Source: Carbon Clean Solutions, Website News, 6 Aug., 2020) Contact: Carbon Clean Solutions, Aniruddha Sharma, CEO, +44 (0) 20 3755 1600, email@example.com, www.carboncleansolutions.com; Marubeni, www.marubeni.com
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The stakeholders will combine their expertise and technology to capture waste carbon dioxide (CCU) and combine this with hydrogen, made from renewable electricity and water, to produce renewable methanol (eMethanol.
Six individual 45,000 tpy facilities are planned across Scandinavia by 2030 with the first project in Sweden expected to be in production by 2023.
The consortium aims to standardize the eMethanol facility and blueprint a 'digital twin for efficient replication than can be scaled and licensed internationally. The project is supported by a €1.7 million investment from EIT InnoEnergy. (Source: Liquid Wind, Manifold Times, 31 Mar., 2020)
Contact: Liquid Wind, Claes Fredriksson, Founder & CEO, firstname.lastname@example.org,www.liquidwind.se; Carbon Clean Solutions Ltd., Aniruddha Sharma, CEO, +44 (0) 20 3755 1600, email@example.com, www.carboncleansolutions.com; Haldor Topsoe, Morten Schaldemose, , EVP, www.topsoe.com
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IIT Kharagpur-incubated Carbon Clean is developing affordable carbon capture technology for utilisation and storage, as used by steel, cement, refining and petrochemicals and waste incineration plants.
The new investment will be used to deliver an existing pipeline of global projects to lower carbon emissions from industry. CCSL will also invest in the development of "containerised" solutions to achieve $30/tonne cost of CO2 capture by 2021. (Source: CCSL, Your Story, 18 Feb., 2020) Contact: Carbon Clean Solutions Ltd., Aniruddha Sharma, CEO, +44 (0) 20 3755 1600, firstname.lastname@example.org, www.carboncleansolutions.com
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