The company’s filter technology can also be used for direct air capture (DAC), in which CO 2 that has already been emitted into the atmosphere is trapped and removed from ambient air. The company’s filters are coated with nanoengineered solid adsorbent materials and can be used to capture CO 2 from industrial emissions that come from the production of difficult-to-decarbonize, heavily relied-on commodities, including cement, steel, fertilizer, hydrogen, and more. Svante has developed a unique, environmentally responsible carbon capture and removal technology, which employs what it calls “structured adsorbent beds”, known as “filters”. Undertaking multiple projects in parallel while using the same EPC contractor will greatly improve project performance,” said Hong Namkoong, President & CEO of Samsung Engineering. “The time is now for the CCUS industry value chain players to rethink how they approach projects to deliver them faster, cheaper, and more efficiently. The company is working to transform itself from not only a conventional EPC player but also a green solutions provider, taking meaningful actions to decarbonize its own operations. Samsung Engineering’s extensive experience in executing many projects, paired with Svante’s novel approach to carbon capture and removal, make this collaboration an innovative solution for clients in heavy industries looking to decarbonize.Īn important goal for Samsung Engineering is to become a ‘’Beyond EPC – Green Solution Provider’. Samsung Engineering is one of the world’s leading engineering, procurement, and construction (EPC) and project management companies in the world, with an ambition to lead in the energy transition. The MoU was signed during the ADIPEC 2023 conference in Abu Dhabi, UAE on October 4, 2023. The two companies will also explore design iterations of Svante’s post-combustion carbon capture plants. (Burnaby, B.C., Canada) announced that they have signed a memorandum of understanding (MoU) to collaborate to identify, develop, and deliver commercial carbon capture, utilization and storage (CCUS) projects in Asia and the Middle East, targeting hard-to-abate heavy industries including cement, steel, hydrogen, fertilizer and more, using Svante’s novel solid sorbent-based carbon capture filter technology. Samsung Engineering (Seoul, South Korea) and Svante, Inc.
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