Having signed a Memorandum of Understanding (MoU) at the trade show Gastech 2022 in Milan, Italy, the partners will work together to conduct a marinisation study, in addition to the engineering design and construction of the carbon capture unit.
In line with the International Maritime Organisation (IMO)’s strategy to decarbonise shipping, SHI will evaluate the feasibility of installing BASF’s OASE blue technology onboard maritime vessels.
OASE blue is a large-scale capture technology that enables the commercial utilisation of CO2 by capturing it from flue gas through the post-combustion process.
Used across a range of industries including enhanced oil recover (EOR), urea production and small food grade CO2 production facilities, OASE blue is currently being optimised in partnership with gas giant Linde to further reduce the levelised costs of electricity by a cut in the costs of CO2 capture.
“Leveraging our state-of-the-art OASE technology, we are pleased to expand our cooperation with SHI and support it in navigating through tightening carbon emission regulations,” commented Vasilios Galanos, Senior Vice President, Intermediates Asia Pacific, BASF.
As one of BASF’s ‘accelerator’ products, OASE is being utilised by customers to achieve their sustainability targets.
Commenting on the partnership with SHI, Lawrence Loe, Director, OASE Gas Treating Excellence, Intermediates APAC, BASF, said, “In this particular case, we have combined our know-how and experience in both CO2 capture and motions study in offering a unique solution for OCCS.”