LOADING

Type to search

Air Liquide and Eni to cooperate for the decarbonization of hard-to-abate industries in Europe

Air Liquide and Eni to cooperate for the decarbonization of hard-to-abate industries in Europe

Air Liquide and Eni have entered into a collaboration agreement aimed at assessing decarbonization solutions in the Mediterranean region of Europe, focused on hard-to-abate industrial sectors. The two companies join forces combining their well-established expertise and know-how to enable CO2 capture, aggregation, transport and permanent storage.

Carbon Capture and Sequestration (CCS) represents one of the fundamental tools in the decarbonization process, especially for the most carbon-intensive industrial sectors, and will play a key role in achieving the important emission reduction targets set at European level as part of the Green Deal.

Within the framework of the agreement, Air Liquide and Eni will collaborate to identify clusters of hard-to-abate industries in this geographic area and will define the best possible configuration to develop a large-scale CCS program.

In particular, Air Liquide will develop competitive CO2 abatement solutions, leveraging on its ongoing CCS initiatives in Northern Europe and on its innovative proprietary technology Cryocap™ able to capture up to 95% of CO2 emissions from industrial facilities. Eni, leveraging on its experience in gas fields exploitation and management, will identify the most suitable permanent CO2 storage locations in the Mediterranean sea.

Pascal Vinet, Senior Vice President, a member of Air Liquide Executive Committee, supervising Europe Industries, said : “We are pleased to cooperate with Eni in this important decarbonization initiative and leverage our expertise in CO2 management to concretely contribute to the reduction of industrial carbon emissions in Europe. Supporting the decarbonization of the Industry is one of the strategic pillars of Air Liquide, which is committed to addressing the urgency of climate change and reach carbon neutrality by 2050.”

See related article: Egan-Jones Sponsored the SuperReturn Private Credit Europe Conference in London

Luigi Ciarrocchi, Eni’s Director, CCUS, Forestry and Agro-Feedstock, said: “The goal of achieving carbon neutrality by 2050 is a pillar of Eni’s strategy. CCS is pivotal in the decarbonisation process, in particular for the most energy and carbon-intensive industrial sectors. By contributing to reduce emissions from hard to abate sectors, we aim to promote a process of environmental and at the same time economic and social sustainability, supporting the continuity of industrial activities, such as, but not limited to, cement and steel, that are central to Italy’s economy”.

Source: Air Liquide

Topics

Related Articles

Leave a Comment

Your email address will not be published. Required fields are marked *

LOADING

Type to search

Blog

Integrity Council Approves New Carbon Removal Standards
Jane Goodall, Trailblazing Primate Expert and Conservationist, Passes at 91
Hong Kong Expands $31B Green Bond Program to Fund Climate Projects
EU Postpones Sustainability Reporting Rules for Non-EU Companies
Asia-Pacific Leaders at UN Global Compact Roundtable Push Sustainability
Luxury Clients Shift Toward Quality, Pre-Owned, and Sustainable Goods, EY Survey Finds
Nuveen Takes Majority Stake in Ally Energy Solutions to Accelerate U.S. Decarbonization
TotalEnergies Sells 50% Stake in $1.25B North American Solar Portfolio to KKR
ExxonMobil Secures Contract to Store AtmosClear’s Biomass CO₂ in Louisiana
SBTi Launches First Global Register of Certified Target-Setting Experts
Norges Bank Commits $1.5 Billion to Brookfield’s Global Transition Fund II
Indonesia’s Sovereign Fund Moves Ahead With Waste-to-Energy Buildout
EU Council Approves Simplification of Carbon Border Adjustment Mechanism
EIB Adopts Phase Two of Climate Bank Roadmap, Doubles Adaptation Finance to $32B
Image of official Toronto Climate Week logo nad icon in reverse white text over blue background
PwC Survey Finds Rising Pressure and Value in Corporate Sustainability Reporting
IBM Launches API to Embed Emissions Data into Corporate and Vendor Tools
Founder Group to Build $2.76B Solar and Storage Complex in Sarawak
Germany Delivers Nearly $14 Billion in Climate Finance for 2024
","session_id":"ep-sess-1760728552-G1nEWBhL","page_url":"https:\/\/esgnews.com\/air-liquide-and-eni-to-cooperate-for-the-decarbonization-of-hard-to-abate-industries-in-europe\/","post_id":"9552","tracking_enabled":"1","original_referrer":"","has_embedded_content":""}; /* ]]> */