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Italy: Specialised Innovations Saipem Acquires CO2 Capture Technology from Canadian Firm

| Editor: Ahlam Rais

CO2 Solutions’ proprietary technology is based on a unique enzymatic CO2 capture process that can claim no usage or emission of toxic products. Saipem has also obtained the CO2 capture plant in Saint-Félicien, Québec.

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Saipem has also acquired an extensive portfolio of intellectual property from CO2 Solutions.
Saipem has also acquired an extensive portfolio of intellectual property from CO2 Solutions.
(Source: Deposit Photos)

Milan/Italy – Saipem has acquired a proprietary technology for CO2 capture from the Canadian company CO2 Solutions (CSI).

CSI is a leading innovator in the field of enzyme-enabled carbon capture, actively working to develop and commercialise the technology for stationary sources of carbon pollution. CSI’s technology lowers the cost barrier to post-combustion Carbon Capture enabling Sequestration and Utilisation (CCUS) and making the industry able to derive profitable new products from these emissions.

The technology developed over the past twenty years by Canadian scientists and engineers, and supported by the governments of Canada, the United States and the European Union, is based on a unique enzymatic CO2 capture process that can claim no usage or emission of toxic products, demonstration at scale (30 tonnes- CO2 per day), validation by credible third parties and attainment of commercial status (TRL-8).

Specialist Book „Heat Transfer Technique“The comprehensive standard work „Heat Transfer Technique“ offers not only a detailed and well-founded presentation of the basics of heat transfer technique, but also shows the latest state of the art and the latest regulations in the use of organic fluids. Thematically, the book is rounded off with an overview of property data of organic heat transfer fluids as well as many use cases from practical experience.

Saipem has also acquired CSI’s extensive portfolio of intellectual property, including over 90 patents granted or pending as well as trademarks. In addition, it has obtained the CO2 capture plant located at the pulp mill of Resolute Forest Products in Saint-Félicien, Québec. Saipem has also taken on the CSI employees who will ensure continuity of R&D activities and operations.

Maurizio Coratella, Chief Operating Officer of the Saipem Onshore E&C Division, commented: “This operation is part of the Saipem E&C Onshore Division’s strategy and ambition to be an enabler of the energy transition for our clients. The assets and technology purchased will help us expand our green products portfolio and will underpin our resolve to support the industry towards a low carbon energy future”.

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