April 16, 2024
BY Orica
Funded by a $14.6 million federal government grant, the plant is aimed at scaling up the development and demonstration of an engineering process called mineral carbonation, which transforms captured carbon dioxide (CO2) emissions into building products and other valuable materials.
The technology has the potential to provide a cost-competitive solution for decarbonising hard-to-abate industries globally and contributing to the circular economy.
Orica Managing Director and Chief Executive Officer Sanjeev Gandhi said the innovative project, which is expected to be operational by 2025, aligns with Orica’s sustainability and commercial goals.
Advertisement
“The energy transition requires careful planning and policy coordination between governments, regulators, energy suppliers, consumers, and the broader private sector. This ceremony today is a great example of business and government working together to drive innovation for a better tomorrow, as we transition towards a lower carbon future, together. We are proud to partner with MCi Carbon, industry, academia and the government as they scale this important technology.”
Advertisement
The CCU plant will source its CO2 directly from Orica’s ammonia manufacturing facility, capturing around 1,000 tonnes of the greenhouse gas annually. In addition to supplying the feedstock, Orica has supported the project by providing land, access to utilities, and significant technical expertise.
Partnering with MCi Carbon is the latest example of Orica’s commitment to decarbonising its operations. Recently, the company completed a $37 million project to install tertiary abatement technology on the Kooragang Island site’s three nitric acid plants, reducing greenhouse gas emissions by nearly 50 per cent. That equates to 11 per cent of all chemical process emissions across Australia.
The tertiary abatement project will continue to eliminate 567,000 tonnes of CO2 equivalent from the site each year, which is equal to the emissions from 50,000 homes.
As the CCUS industry faces ongoing uncertainty, with economic challenges and evolving regulatory landscapes, one thing remains clear: The drive for scalable decarbonization is unwavering.
In the face of economic uncertainty, diversifying carbon capture technology will help keep Canada’s industry competitive globally. Expanding the range of carbon capture, utilization and storage options available to companies will increase adoption and reduce the cost of this essential technology.
Halliburton tests acoustic-based injectivity monitoring at the perforation scale to characterize supercritical fluid injection into permeable rock formations at reservoir conditions
Twelve is transforming CO2 into essential products.
Three Key Insights from the 2024 Voluntary Carbon Market