12 November 2009 21:31 [Source: ICIS news]
HOUSTON (ICIS news)--Dow Chemical and oil operator Denbury Onshore have signed a memorandum of understanding in which Denbury will capture carbon dioxide (CO2) from Dow’s ethylene oxide (EO) plant in Plaquemine, Louisiana, the US chemicals major said on Thursday.
The CO2 capture project is expected to be operational by mid-2011, and it should help Dow meet its goal of a 2.5% annual reduction in greenhouse gas (GHG) emissions by 2015 per pound of product, the company said.
"This agreement provides resounding proof of Dow's commitment to achieving our 2015 sustainability goals and to creating partnerships that will help identify and develop new solutions to address the challenges of energy and climate change," said Doug May, Dow’s vice president for energy and climate change.
Dow said it was examining opportunities for similar CO2 capture projects at several other company sites.
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