AIRLINK 80.60 Increased By ▲ 1.19 (1.5%)
BOP 5.26 Decreased By ▼ -0.07 (-1.31%)
CNERGY 4.52 Increased By ▲ 0.14 (3.2%)
DFML 34.50 Increased By ▲ 1.31 (3.95%)
DGKC 78.90 Increased By ▲ 2.03 (2.64%)
FCCL 20.85 Increased By ▲ 0.32 (1.56%)
FFBL 33.78 Increased By ▲ 2.38 (7.58%)
FFL 9.70 Decreased By ▼ -0.15 (-1.52%)
GGL 10.11 Decreased By ▼ -0.14 (-1.37%)
HBL 117.85 Decreased By ▼ -0.08 (-0.07%)
HUBC 137.80 Increased By ▲ 3.70 (2.76%)
HUMNL 7.05 Increased By ▲ 0.05 (0.71%)
KEL 4.59 Decreased By ▼ -0.08 (-1.71%)
KOSM 4.56 Decreased By ▼ -0.18 (-3.8%)
MLCF 37.80 Increased By ▲ 0.36 (0.96%)
OGDC 137.20 Increased By ▲ 0.50 (0.37%)
PAEL 22.80 Decreased By ▼ -0.35 (-1.51%)
PIAA 26.57 Increased By ▲ 0.02 (0.08%)
PIBTL 6.76 Decreased By ▼ -0.24 (-3.43%)
PPL 114.30 Increased By ▲ 0.55 (0.48%)
PRL 27.33 Decreased By ▼ -0.19 (-0.69%)
PTC 14.59 Decreased By ▼ -0.16 (-1.08%)
SEARL 57.00 Decreased By ▼ -0.20 (-0.35%)
SNGP 66.75 Decreased By ▼ -0.75 (-1.11%)
SSGC 11.00 Decreased By ▼ -0.09 (-0.81%)
TELE 9.11 Decreased By ▼ -0.12 (-1.3%)
TPLP 11.46 Decreased By ▼ -0.10 (-0.87%)
TRG 70.23 Decreased By ▼ -1.87 (-2.59%)
UNITY 25.20 Increased By ▲ 0.38 (1.53%)
WTL 1.33 Decreased By ▼ -0.07 (-5%)
BR100 7,629 Increased By 103 (1.37%)
BR30 24,842 Increased By 192.5 (0.78%)
KSE100 72,743 Increased By 771.4 (1.07%)
KSE30 24,034 Increased By 284.8 (1.2%)

imageKHOBAR: Saudi Basic Industries Corp (SABIC) has hired Germany's Linde Group to build the world's largest plant for capturing and using climate-warming carbon dioxide, the Saudi petrochemical giant said on Wednesday.

The United Jubail Petrochemical Company (UNITED), an affiliate of SABIC, plans to capture around 1,500 tonnes a day of carbon dioxide from ethylene plants and purify it for use in SABIC-owned petrochemical plants in the industrial city of Jubail.

The carbon capture and utilisation (CCU) plant will prevent about 500,000 tonnes a year of the gas which is blamed for global warming from being released into the atmosphere and SABIC said it could also supply 200 tonnes a day of liquid CO2 to the food and drinks industry.

"It will add to SABIC's business portfolio of industrial gas products," said Yousef Al-Zamel, Sabic executive vice president for chemicals strategic business unit. "This is the first of many other similar projects to be executed next year."

Carbon dioxide has been pumped into oil fields for decades to boost production, but the result is more carbon being produced.

A global push to reduce the carbon dioxide build up in the atmosphere, largely as a result of rising industrial activity, has so far focused on carbon capture and storage (CCS) projects to trap the gas underground.

Despite more than a decade of research, investment and government funding, there are still no commercial scale carbon storage plants.

The high cost of catching gas emitted by factories and power plants and storing it safely underground has deterred commercial CCS projects.

Using the carbon to produce food and drinks or fertiliser makes CCU more economically attractive. But the market for the gas is far smaller than the amount being pumped out, so CCU projects alone cannot solve the problem.

Comments

Comments are closed.