Skids BASF, GS E&C to Build Modular Solutions for Carbon Capture
Under a MOU signed between both the parties, BASF will provide its advanced OASE blue CO2 capture process technology while GS E&C will offer a one-stop solution from specialized engineering services, carbon capture, project financing to storage and utilization for developing modular solutions for carbon capture facilities.
Hong Kong/China – BASF and GS Engineering and Construction (GS E&C) recently signed a Memorandum of Understanding (MOU) for a strategic partnership to jointly develop modular solutions for Carbon Capture facilities. The partners want to develop individual package solutions from standardized elements for customers from all industries in order to remove CO2 from exhaust gases and process it so that it can be further utilized or stored.
Combining BASF’s advanced OASE blue CO2 capture process technology and GS E&C’s specialized engineering capabilities, a modular carbon capture package can be delivered very quickly to customers with optimized capital expenditures (Capex) and operating expenses (Opex). This will efficiently shorten the implementation steps of Carbon Capture, Utilization and Storage (CCUS) projects from conceptualization to actual operation.
BASF’s OASE blue process technology will contribute to both sustainability and cost savings for CO2 capture from flue gas, while GS E&C will support carbon neutrality of CO2 emitters by providing a one-stop solution from specialized engineering services, carbon capture, project financing to storage and utilization.