January 5, 2024
BY U.S. Department of Energy
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The Global Centre for Maritime Decarbonisation has successfully completed the world’s first maritime pilot demonstrating the full value chain of onboard captured carbon dioxide in China on 25 June 2025. This cross-sectoral demonstration highlights how captured CO2 from ships can be repurposed for industrial applications, linking maritime decarbonisation efforts with broader land-based carbon ecosystem.
Carbon Upcycling announced the closing of its 18 million investment round led by Builders Vision. The latest investment builds on a landmark period of momentum for Carbon Upcycling as the company develops its first-of-its-kind carbon capture & utilization technology project at the Ash Grove Mississauga Cement Plant, and executes on its newly signed memorandum of agreement with TITAN Group to assess projects at two of its cement plants.
Mitsubishi Electric Corporation announced that it will launch a demonstration of technology to capture CO2 from flue gas, using a CO2 capture machine developed by the Industrial Technology Research Institute.
CarbonQuest, a leading distributed carbon capture technology provider, announced that it has entered the food & beverage market with its first beverage industry customer in Washington state.
Eni has signed an agreement to enter into a period of exclusivity with Global Infrastructure Partners (GIP) aimed at progressing the confirmatory due diligence phase and completing the drafting of the documents related to the sale of a co-control stake of 49.99% in Eni CCUS Holding.