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The global CCUS market generated 1.9 billion dollars in 2020, and is projected to reach 7.0 billion dollars by 2030, witnessing a CAGR of 13.8 % from 2021 to 2030, according to a report by Allied Market Research.  (Source: ©hramovnick–stock.adobe.com)
CO2 Emissions Under Control

Is CCUS the Future of Decarbonizing the Industry?

Today, Carbon Capture, Utilization and Storage (CCUS) facilities around the world have the capacity to capture more than 40 Mt CO2 each year, according to the International Energy Agency. This figure is set to increase as more countries form CCUS-friendly policies in order to establish these green projects with aim to decarbonize its industrial facilities.

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Ineos Olefins Belgium has plans to create Europe's most eco-friendly and sustainable cracker project at the port of Antwerp in Belgium at a whooping cost of 3+ billion euros.   (Source: Ineos Olefins )
Project One

Coming Soon: Europe’s Most Sustainable Cracker!

In line with the goals of the European Green Deal, Ineos Olefins Belgium has plans to create the region’s most eco-friendly and sustainable cracker project ever at a whooping cost of 3+ billion euros. The landmark ‘Project One’ will be located at the port of Antwerp in Belgium and will make use of the latest technologies to produce ethylene with the lowest carbon footprint in all of Europe.

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At a glance: Plant engineering projects from across the globe. (Source: currahee_shutter - stock.adobe.com)
Plant Watch

Top 10 Engineering Projects of January 2023

PROCESS Worldwide brings to you the ‘Top 10 plant engineering projects of January 2023’ from all over the world. Right from inaugurating one of the world’s largest plants for krypton, xenon production to developing the world's largest low-carbon hydrogen facility, find out all the projects making headlines here.

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