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Air Liquide and BASF's carbon capture projects receive EU funding support

 Last Update: 2021-12-04
 Source: Internet
 Author: User

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Sinochem New Net News Air Liquide Group (Air Liquide) and BASF plan to develop the world's largest cross-border carbon capture (CCS) value chain to significantly reduce the carbon emissions of the Antwerp port industry cluster
.

This joint project, named Kairos@C, stood out from 300 applications and became one of the 7 large-scale projects supported by the European Commission’s Innovation Fund

Kairos@C will be jointly developed by Air Liquide and BASF at its Antwerp base
.

During the first 10 years of operation of the project, 14.

Kairos@C paves the way for the next stage of carbon emissions reduction in the Port of Antwerp
.

The project will link a shared carbon dioxide transportation and export infrastructure, including the first carbon dioxide liquefaction and export facility

Bo Tian, Chairman and CEO of Air Liquide Group, said: “Air Liquide Group is committed to actively contributing to a low-carbon society
.

This is in line with the company’s goal of achieving carbon neutral sustainable development by 2050.

The Chairman of the Executive Board of BASF Europe, Bo Mule, said: “BASF’s goal is to reduce the company’s carbon dioxide emissions by 25% by 2030 compared to 2018 levels, and achieve net zero emissions by 2050.
In
order to achieve these ambitious emission reduction targets, we must maximize Chemical utilization of existing technology,
especially at BASF’s integrated base in Antwerp
.

The base is located in the port of Antwerp, next to the sea.
'Carbon capture' can reduce the production process in a relatively short period of time with an industrial equivalent.
Carbon dioxide emissions

It is reported that the European Innovation Fund is one of the world's largest plans to promote innovative low-carbon technologies and achieve European industrial decarbonization
.

Obtaining the fund's support is an important milestone in making the final investment decision and starting the implementation of this project

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