JCN Newswire
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Four Companies Announce Joint Feasibility Study of Large-Scale and Wide-Area Carbon Capture and Storage (CCS) Value Chain Project Using Ship Transportation

ruth
4 minutes

TOKYO, Jan 26, 2023 - (JCN Newswire via SEAPRWire.com) - ITOCHU Corporation, Mitsubishi Heavy Industries, Ltd., INPEX Corporation, and Taisei Corporation announced today that they have signed a memorandum of understanding for a joint feasibility study on a large-scale and wide-area CCS value chain project using ship transportation for companies that emit carbon dioxide (hereinafter "CO2") in Japan.The four companies will jointly carry out a study for launching a joint project relating to the separation, capture, ship transportation and storage of CO2 emitted from the materials industry and other industries in which it is considered difficult to achieve decarbonization merely by electrification, introduction of hydrogen and other means (hereinafter "hard-to-abate industries") and conduct a process of selecting prospective sites for CO2 storage in Japan.BackgroundAmid mounting global momentum towards decarbonization, the Japanese Cabinet adopted the Sixth Strategic Energy Plan in October 2021, which defined CCS as a means that should be utilized to the maximum extent possible in decarbonizing hard-to-abate industries with a view towards two governmental targets of carbon neutrality i...

ACN Newswire
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Synergy Group’s Greentech Projects acquire International Standard Certificate, Energy emissions quantified exceeds 7,000 tonnes of CO2e

indie
5 minutes

HONG KONG, Feb 7, 2022 - (ACN Newswire via SEAPRWire.com) - Synergy Group Holdings International Limited, stock code 1539.HK ("Synergy Group" or "The Group")(1) has successfully acquired verification statements of Greenhouse Gas (GHG) emissions granted by CMA Testing and Certification Laboratories under CMA Industrial Development Foundation Limited (CMA Testing(2)). The Group's projects were quantified to achieve emission by a total of 7,146.74 tonnes of CO2e (Carbon Dioxide Equivalent)(3). The GHG emission inventories have been verified in accordance with ISO14064-3:2019(4) as meeting the requirement of ISO14064-1:2018(4). The Group Chairman and Chief Executive Officer Mr. Mansfield Wong commented, "It is a global uphill battle when it comes to reaching carbon neutral targets. Our goal is to reduce GHG emissions and strive to achieve carbon neutrality in the near future. The Group is actively formulating a commercial scheme to assist other companies in neutralizing their GHG emissions."As of today, the Group has verified 7,146.74 tonnes of CO2e in total, which is estimated to be accounted for approximately 1% of the Group's total GHG emission inventory, the remaining inventories a...

SeaPRwire
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Oil giants prepare to put carbon back in the ground

elean
6 minutes

(NYTIMES) During more than three decades in the oil and gas business, Andy Lane has managed the construction of enormous facilities for extracting and transporting natural gas, in places like Trinidad and Indonesia. Now he is working in his native England, taking on a complex and expensive venture that essentially aims to reverse what he has spent much of his career doing. Lane's newest assignment is designed to collect carbon pollution from a group of chemical plants in northeast England and send it to a reservoir deep under the North Sea. The multibillion-dollar project could be a breakthrough for a technology known as carbon capture and storage, a concept that has been around for at least a quarter-century to reduce the climate-damaging emissions from factories. The idea sounds deceptively simple: Divert pollutants before they can escape into the air, and bury them deep in the ground where they can do no harm. But the technology has proved to be hugely expensive, and it has not caught on as rapidly as some advocates hoped. Still, lots of attention is being paid to carbon capture as a way to meet the targets in the 2016 Paris climate agreement. As a candidate, President Joe Biden...

JCN Newswire
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Mitsubishi Heavy Industries Engineering to Establish “Decarbonation Business Department”

ruth
3 minutes

TOKYO, Nov 20, 2020 - (JCN Newswire) - On December 1, Mitsubishi Heavy Industries Engineering, Ltd. (MHIENG), a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Yokohama, will establish a new "Decarbonation Business Department." Creation of the new office targets further strengthening of MHIENG's world-leading business in carbon capture from gas emissions and further acceleration of new initiatives in the area of energy transition, to respond to customer needs amid global efforts to achieve carbon neutrality.MHIENG has already made several significant contributions to carbon dioxide (CO2) recovery technology. Jointly with Kansai Electric Power Company, Inc., MHIENG has developed and improved the proprietary Kansai Mitsubishi Carbon Dioxide Recovery Process (KM CDR Process) in combination with a highly efficient amine-based solvent. Recovery systems utilizing this process are currently operating at 13 plants (thermal power, chemical, etc.) worldwide, giving MHIENG one of the world's strongest track records in this area. Meanwhile, as efforts to achieve carbon neutrality are being ramped up globally, needs are increasing in various spheres: these include flue-gas car...