Collaboration to help decarbonize the industrial basin of Normandy,France
Air Liquide, Borealis, Esso S.A.F., TotalEnergies and Yara International ASA have signed a Memorandum of Understanding (MoU) to explore the development of a CO2 infrastructure including capture and storage, to help decarbonize the industrial basin located in the Normandy region, France. With the objective to reduce CO2 emissions by up to 3 million tons per year by 2030, which is equivalent to the emissions of more than 1 million passenger cars, the first phase will consist in studying the technical and economical feasibility of this project. This partnership, which will seek funding from European, French and Regional schemes, is open to other industrial parties.
The ability of industrial players to reduce their CO2 emissions in the medium and long term is a key issue for the sustainability of industrial activities and ecosystems in the area of Axe Seine/Normandy. The companies involved in the MoU have agreed to collaborate to assess the technical and economical feasibility of implementing an industrial CO2 capture and storage (CCS) chain, from their industrial facilities to ultimate storage in the North Sea.
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