Savante and Storegga form global CCUS partnership
Under terms of a signed Memorandum of Understanding (MoU), the collaboration will leverage Svante’s environmentally carbon capture and removal filter technology and Storegga’s CO2 transportation and storage expertise.
Matt Stevenson, Chief Revenue Officer of Svante, said the agreement will best equip customers with the technologies they need to achieve emission reduction targets.
He continued, “Working with Storegga will address the needs of industrial companies who are looking for environmentally responsible pathways to capture their carbon emissions and either safely sequester them underground or use them to make other products.”
Dr. Nick Cooper, CEO of Storegga, described carbon management as a key pillar that the world can lean on in its efforts to decarbonise. He added that he is confident that the partnership can provide customers with competitive CCU project offerings.
The companies are actively pursuing projects that have the potential to reduce carbon emissions at gigatonne scale.
Earlier this month, chemicals and industrial solutions specialist BASF produced metal-organic frameworks (MOFs) at a world-first production scale of several hundred tonnes per year. The MOFs will be integrated into Svante’s carbon capture technology to offer high-capacity storage of CO2.
The partnership saw BASF’s team of researchers, scale-up experts, and engineers, effectively translate Svante’s lab-scale formula into a secure large-scale production process.
The resulting MOFs will serve as robust sorbents in carbon capture projects, promising a reduction in carbon emissions across a range of industrial sectors including hydrogen production, pulp and paper manufacturing, cement production, steel processing, aluminium manufacturing, and chemical production.