Air Products to receive $253m for Texas carbon capture project

16 June 2010 22:36  [Source: ICIS news]

HOUSTON (ICIS news)--Air Products was picked to receive $253m (€205m) from the US Department of Energy (DOE) for a carbon capture and sequestration project in Port Arthur, Texas, the industrial gases firm said on Wednesday.

Air Products said the money would be used for final engineering, design, construction and operation of the project through September 2015.

Air Products would operate the project to capture carbon dioxide (CO2) from its two steam methane reformers (SMR) within the Valero Refinery in Port Arthur, the company said.

The SMRs produce hydrogen to help make cleaner burning transportation fuels by refinery customers on Air Products' Gulf Coast hydrogen pipeline network, the company said. The recovered and purified CO2 would then be transported by Denbury Green Pipeline-Texas for use in enhanced oil recovery.

The CO2 removal units would be designed by Air Products and use technology to be retrofitted to each SMR unit. About 1m tons/year of CO2 would be recovered, purified and delivered via the pipeline for injection into Denbury Onshore's enhanced oil recovery projects in Texas, Air Products said.

Air Products said its project was the only industrial gas company-led undertaking selected by the DOE.

The project is one of three to receive Phase 2 funding from the DOE's Office of Fossil Energy's National Energy Technology Laboratory, and to advance from the initial 12-project Phase 1 selections announced in October. The DOE was funding 66% of the $384m project, Air Products said.

($1 = €0.81)

For more on Air Products visit ICIS company intelligence
To discuss issues facing the chemical industry go to ICIS connect

By: Brian Ford
+1 713 525 2653

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index