1. Kumho Petrochemical Ventures into CO2 conversion to liquefied carbonic acid
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Kumho Petrochemical Company Ltd. -- Joint ventures ,Korea Shipbuilding & Offshore Engineering Company Ltd. -- Joint ventures ,Pesticides industry -- Joint ventures ,Herbicides -- Joint ventures ,Carbonates -- Rites, ceremonies and celebrations ,Machinery industry -- Joint ventures ,Chemical industry -- Joint ventures ,Petroleum chemicals industry -- Joint ventures ,Cogeneration power plants -- Rites, ceremonies and celebrations ,Petroleum chemicals -- Rites, ceremonies and celebrations ,Company joint venture ,Business ,Chemicals, plastics and rubber industries - Abstract
On 3 Dec 2023, Kumho Petrochemical announced that the company held a groundbreaking ceremony on 1 Dec 2023, for carbon dioxide (CO2) capture and liquefaction plants, a key facility for the carbon capture utilization and sequestration (CCUS) project, at Kumho Petrochemical's Yeosu 2nd Energy Plant in Yeosu, Jeollanam-do. Kumho Petrochemical has been gradually preparing for this project by establishing a joint venture called 'K&H Special Gas' in Sep 2023 after signing a business cooperation MOU with Hankook Special Gases in Jul 2022. The event was attended by the CEOs of K&H Special Gas, Korea Special Gas, Hyundai Heavy Industries Power System, along with the heads of Kumho Petrochemical's Yeosu Energy plant and Korea Environment Corporation. Following the event, the attendees collectively inspected the site's progress. The collection and liquefaction plant, currently under construction, is slated for completion in early 2025. It will selectively collect CO2 from the exhaust gas produced during the steam and electricity production process at Kumho Petrochemical's cogeneration plant. Subsequently, a process will be established to convert it into carbonic acid through K&H Special Gas' liquefaction process. The company anticipates annually collecting and reusing about 69,000 tonnes/y of CO2 through domestically based collection technology, which is akin to planting 27,000 new trees/y. Original source: Kumho Petrochemical Co., Ltd., website: https://www.kkpc.com/eng/, Copyright KUMHO PETROCHEMICAL 2023., joint venture; patents and technical know-how; plant restructuring; waste emissions and pollution; waste utilization and recycling; carbon dioxide; carbonic acid; Hankook Special Gases; Hyundai Heavy Industries Power System; K&H Special [...]
- Published
- 2023