BASF and GS Engineering and Construction (GS E&C) signed a Memorandum of Understanding (MoU) on a strategic partnership to jointly develop modular solutions for carbon capture facilities.

The partners want to develop individual package solutions from standardized elements for customers from all industries in order to remove CO2 from exhaust gases and process it so that it can be further utilized or stored.

Combining BASF’s advanced OASE blue CO2 capture process technology and GS E&C’s specialized engineering capabilities, a modular carbon capture package can be delivered very quickly to customers with optimized capital expenditures (CAPEX) and operating expenses (OPEX). This will efficiently shorten the implementation steps of Carbon Capture, Utilization and Storage (CCUS) projects from conceptualization to actual operation.

BASF’s OASE blue process technology will contribute to both sustainability and cost savings for CO2 capture from flue gas, while GS E&C will support carbon neutrality of CO2emitters by providing a one-stop solution from specialized engineering services, carbon capture, project financing to storage and utilization.

“CCUS is one of the key options with high technology readiness to accelerate the reduction of global CO2 emissions,” said Evelyn Shen, VP, business management Amines, Acetylenics & Carbonyl Derivatives Asia Pacific, Intermediates Asia Pacific, BASF. “The joint efforts between BASF and GS E&C are a testament to our commitment towards this.”