Investment in CO2 transportation pipeline project to decarbonize UK cement and lime industry
United Kingdom, July 8 -- Sumitomo Corporation, through its wholly-owned subsidiary in the UK, Summit Energy Evolution Limited ("SEEL"), has agreed new funding for the development of the CO2 transport pipeline, to support Peak Cluster Carbon Capture project ("Peak Cluster"). Peak Cluster will capture CO2 from four plants in and around the Peak District, which currently produce 40% of the UK's domestic cement and lime production, vital for key sectors of the economy including construction, manufacturing and environmental protection. CO2 transported by new-build pipeline will contribute to the industry's decarbonization as part of the CCS value chain. Through this investment, Sumitomo Corporation will further promote Energy Transformation, on...
To read the full article or to get the complete feed from this publication, please
Contact Us.