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INEOS and Royal Wagenborg Launch the First European Built Offshore CO2 Carrier for CCS

PHOTO: INEOS

May 14, 2025

BY INEOS

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Svante and SAMSUNG E&A Sign Joint Development Agreement to Offer Digitally Enabled Skid-Mounted Modular Carbon Capture Plants

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By Svante

16 hours ago

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Svante Technologies Inc. and SAMSUNG E&A announced that they have signed a joint development agreement to jointly develop a set of standardized skid-mounted modular carbon capture plants based on Svante’s novel VeloxoTherm solid sorbent-based carbon capture filter technology, leveraging Samsung’s advanced digital solutions and modularization capabilities.

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Svante Technologies Inc. has officially completed the commissioning of its new Centre of Excellence for Carbon Capture and Removal – Redwood manufacturing Facility in Burnaby, British Columbia. This milestone marks the launch of the world’s first gigafactory dedicated to producing commercial-scale carbon capture and removal filters designed to trap CO2 directly from industrial emissions and the atmosphere.

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BKV Corporation announced the formation of a strategic joint venture between BKV dCarbon Ventures, LLC, BKV’s wholly-owned subsidiary, and Copenhagen Infrastructure Partners, on behalf of its Energy Transition Fund I, to expand BKV’s portfolio of carbon capture, utilization and sequestration projects.

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LG Chem announced that it will carry out a demonstration project for CCU (Carbon Capture and Utilization) technology, jointly involving the chemical and steel industries, as part of the Ministry of Science and ICT’s national CCU Mega Project.

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Marking a major milestone in the development of commercial-scale geological storage of CO2 in Europe to combat climate change, Carbfix has on 30 April received a storage permit for its injection site at Hellisheiði, Iceland, from the Environment and Energy Agency of Iceland.

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