Aker Carbon Capture awarded milestone project in the United States



OSLO, Norway, Feb. 27, 2024 /PRNewswire/ — CO280 Solutions and a leading pulp and paper company have awarded a carbon capture test campaign to Aker Carbon Capture for an undisclosed site on the Gulf Coast in the US. This test campaign follows a successful pre-FEED performed for the same site. It will enable the full-scale implementation of multiple Just Catch 400 modular capture facilities with permanent storage, and the creation of carbon removal credits. 

Aker Carbon Capture has extensive testing experience, with more than 60,000 operational hours worldwide on multiple industrial flue gases. The company’s mobile test unit will now be applied to the pulp and paper industry for the first time. The initial results from the campaign are expected towards the end of 2024, ahead of the project’s expected final investment decision.

“We are delighted to work with CO280 and a leading US pulp and paper company to implement their first carbon capture project. This is a robust business opportunity for our customer since it is supported both by 45Q carbon tax credits and additional revenues from the sale of carbon removal credits. With its strong cost and schedule advantages, our modular Just Catch 400 offering is an ideal fit for pulp and paper mills across the US,” said Egil Fagerland, Chief Executive Officer at Aker Carbon Capture. “This test campaign signifies a milestone for Aker Carbon Capture’s rapid expansion into the significant North American market,” …

Full story available on Benzinga.com


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