Italian contractor Saipem has entered into a partnership to explore building a carbon dioxide capture and utilisation (CCU) plant.
Alongside Tenaris and Siad, the energy services company will now start the design phase for a decarbonisation facility in northern Italy.
The project covers the capture of 30 tons of CO2 a day, produced by the thermoelectric power plant installed at the TenarisDalmine plant in northern Italy.
Emissions captured through Saipem (Milan: SPM) CO2 solutions proprietary technology will be used by SIAD, specifically in the food and beverage industry, for crops, in water treatment, in metal processing and as a refrigerant gas.
Saipem’s technology allows for the use of waste heat whilst avoiding the use of toxic substances used in other processes.
The Memorandum of Understanding (MoU) among the three companies is structured in various phases, the first of which will be a feasibility study.
Michele Della Briotta, president of Tenaris Europe and chief executive of TenarisDalmine, said: “This project is part of Tenaris’s goal to reduce by 30% its CO2 emissions by 2030.
“In Italy we are actively working towards this goal through investments and projects to reduce air pollution, to promote energy efficiency and to reduce raw material consumption as well as to increase the content of recycled material in our products, along with the valorization and reuse of our by-products”.
Francesco Caio, CEO and general manager of Saipem, commented: “The agreement with Tenaris and Siad confirms Saipem’s role in offering cutting-edge technological solutions for reducing environmental impact. The participation in this project consolidates our strategy of decarbonization in industrial sectors and confirms the role of Saipem as the ideal partner for Net Zero”.
Bernardo Sestini, CEO of SIAD, added: “SIAD participates in this project because we are convinced that innovation, which has always been one of our values, is the basis for the development of environmental sustainability. The CO2 can be used by our customers for innovative applications in the environmental and food sectors, such as the production of micronutrients from algae or low-impact hydroponic farming. The recovery and use of CO2 enables the development of an increasingly circular and sustainable economy”.