INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

ADNOC, Fertiglobe to pilot cost-effective modular carbon capture technology

Successful piloting of the technology holds the potential for the broader deployment of CycloneCC carbon capture units. (WAM)
  • The CycloneCC technology is designed to improve the economics of point-source carbon capture within industrial facilities.
  • Traditional point source carbon capture technology relies on feeding gas through large absorption and stripping towers.

ABU DHABI, UAE – ADNOC and Fertiglobe on Tuesday announced the pilot deployment of the world’s first cost-effective modular CycloneCC carbon capture unit at Fertiglobe’s 100 percent owned nitrogen fertilizer plant in the Al Ruwais Industrial Complex here.

Fertiglobe was formed as a strategic partnership between ADNOC and OCI Global.

The CycloneCC technology, which has been developed by Carbon Clean, is designed to improve the economics of point-source carbon capture within industrial facilities.

Traditional point source carbon capture technology relies on feeding gas through large absorption and stripping towers where solvent and heat are used to separate, capture and compress CO2.

The process is capital, time and energy-intensive, with projects typically taking years to build.

Carbon Clean’s CycloneCC unit uses rotating packed bed technology to allow for prefabricated modular carbon capture units half the size of conventional carbon capture units.

The carbon dioxide captured using the CycloneCC unit will complement an existing ADNOC project to sequester CO2 within Abu Dhabi’s onshore carbonate aquifers.

Successful piloting of the technology also holds the potential for the broader deployment of CycloneCC carbon capture units across ADNOC and Fertiglobe’s operations.