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Project(s): View 3 related projects in PECWeb
Plant(s): View 3 related plants in PECWeb
Released June 26, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Companies across the U.S. aim to decarbonize their operations and one key clean-energy technology being implemented is carbon capture and storage (CCS). Industrial Info is tracking $3 billion worth of CCS-related projects across the U.S. that are expected to kick off from July through September.
As part of a 52:48 joint venture with Mitsui & Co., Ltd. (Tokyo, Japan), CF Industries Holdings Incorporated (NYSE:CF) (Deerfield, Illinois) plans to build a carbon dioxide (CO2) dehydration and compression unit at its Donaldsonville, Louisiana, complex. The unit is designed to permanently capture and sequester 2 million tons per year of CO2 byproduct emitted from plant production. The proposed $600 million project, which is expected to wrap up around the end of 2025, also will support a 1.7 million-ton-per-year blue ammonia project at the plant. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here to read the detailed CCS project report.
"Blue" facilities are designed to produce hydrogen, ammonia or other commodities with natural gas using CCS technology, while "green" production utilizes electrolyzers powered by renewable energy sources.
Exxon Mobil Corporation (NYSE:XOM) (Irving, Texas) has an agreement in place to transport and store the Donaldsville facilities' total CO2 recovery (2 million tons per year). ExxonMobil also has an offtake agreement in place with another CCS project expected to kick off in the third quarter--this time coming from the Metals & Minerals Industry--which would tie into the same CO2 transportation and storage infrastructure as used by the Donaldsville project.
Nucor Corporation (NYSE:NUE) (Charlotte, North Carolina) plans to begin building a CCS unit at its 5.5 million-ton-per-year direct reduced iron (DRI) plant in Convent, Louisiana, from which ExxonMobil will capture, transport and store up to 800,000 metric tons per year of CO2. Subscribers to the GMI Metals & Minerals Project Database can click here for a report on the Nucor project, which is expected to start up in 2026.
Another steelmaker also plans to begin installing a CCS system this summer: United States Steel Corporation (U.S. Steel) (NYSE:X) (Pittsburgh, Pennsylvania) has reached a definitive agreement to use CarbonFree Chemicals Holdings, LLC's (CarbonFree) (San Antonio, Texas) proprietary technology to capture CO2 emissions at the steel producer's Gary Steel Works in Indiana. The system will capture up to 50,000 metric tons of CO2 per year, equivalent to almost 12,000 passenger cars, leading to the first commercial-scale carbon capture utilization at a steel plant in North America. The companies expect operations will begin in 2026. Click here to read the project report.
Earlier this month, the president of SLB's (NYSE:SLB) (Houston, Texas) clean energy arm said there is no net-zero global economy without modernized CCS infrastructure. For more information on this, see June 17, 2024, article - SLB: CCS Is Necessary for Net Zero.
Subscribers to the GMI Database can click here for a full list of detailed reports for projects mentioned in this article and here for a full list of related plant profiles.
Subscribers can click here for a full list of CCS-related projects expected to kick off in the U.S. from July through September.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
As part of a 52:48 joint venture with Mitsui & Co., Ltd. (Tokyo, Japan), CF Industries Holdings Incorporated (NYSE:CF) (Deerfield, Illinois) plans to build a carbon dioxide (CO2) dehydration and compression unit at its Donaldsonville, Louisiana, complex. The unit is designed to permanently capture and sequester 2 million tons per year of CO2 byproduct emitted from plant production. The proposed $600 million project, which is expected to wrap up around the end of 2025, also will support a 1.7 million-ton-per-year blue ammonia project at the plant. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here to read the detailed CCS project report.
"Blue" facilities are designed to produce hydrogen, ammonia or other commodities with natural gas using CCS technology, while "green" production utilizes electrolyzers powered by renewable energy sources.
Exxon Mobil Corporation (NYSE:XOM) (Irving, Texas) has an agreement in place to transport and store the Donaldsville facilities' total CO2 recovery (2 million tons per year). ExxonMobil also has an offtake agreement in place with another CCS project expected to kick off in the third quarter--this time coming from the Metals & Minerals Industry--which would tie into the same CO2 transportation and storage infrastructure as used by the Donaldsville project.
Nucor Corporation (NYSE:NUE) (Charlotte, North Carolina) plans to begin building a CCS unit at its 5.5 million-ton-per-year direct reduced iron (DRI) plant in Convent, Louisiana, from which ExxonMobil will capture, transport and store up to 800,000 metric tons per year of CO2. Subscribers to the GMI Metals & Minerals Project Database can click here for a report on the Nucor project, which is expected to start up in 2026.
Another steelmaker also plans to begin installing a CCS system this summer: United States Steel Corporation (U.S. Steel) (NYSE:X) (Pittsburgh, Pennsylvania) has reached a definitive agreement to use CarbonFree Chemicals Holdings, LLC's (CarbonFree) (San Antonio, Texas) proprietary technology to capture CO2 emissions at the steel producer's Gary Steel Works in Indiana. The system will capture up to 50,000 metric tons of CO2 per year, equivalent to almost 12,000 passenger cars, leading to the first commercial-scale carbon capture utilization at a steel plant in North America. The companies expect operations will begin in 2026. Click here to read the project report.
Earlier this month, the president of SLB's (NYSE:SLB) (Houston, Texas) clean energy arm said there is no net-zero global economy without modernized CCS infrastructure. For more information on this, see June 17, 2024, article - SLB: CCS Is Necessary for Net Zero.
Subscribers to the GMI Database can click here for a full list of detailed reports for projects mentioned in this article and here for a full list of related plant profiles.
Subscribers can click here for a full list of CCS-related projects expected to kick off in the U.S. from July through September.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
