MOSCOW (MRC)--Total will take part in a study for commercial-scale carbon capture at the Holcim Portland Cement Plant in Colorado, US, the French major said on Monday.
In conjunction with wholly-owned Occidental subsidiary Oxy Low Carbon Ventures (OLCV) and carbon capture specialists Svante Inc, Total will participate in the study to evaluate the cost of storing up to 725,000 tonnes of carbon dioxide (CO2) a year from the plant.
The project would use Svante’s technology to capture carbon directly from industrial sources at half the capital cost of existing solutions. The CO2 would then be permanently sequestered underground by Occidental.
By pairing the technologies, it could significantly reduce the carbon footprint for the cement industry. Total Group CTO senior vice president Marie-Noelle Semeria said: "Total has slated 10% of its annual R&D budget to make significant advances in Carbon Capture, Utilisation and Storage (CCUS) technology, a key technology to curb worldwide CO2 emissions.
"Our investment in this joint study is directly aligned with our strategy. The learnings from this study will help us pursue our commitment to the commercial development of CCUS."
As it was written earlier, Total is also developing a USD1.4-billion propane dehydrogenation and PP complex at Arzew, Algeria, in partnership with Algeria’s state-owned oil company Sonatrach. The facilities will be designed to produce 600,000 metric tons/year each of propylene and PP. The project is in FEED phase with FID due in 2021.
Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,724,670 tonnes in the first ten months of 2019, up by 7% year on year. Shipments of all PE grades increased. The estimated PP consumption in the Russian market in January-October 2019 totalled 1,066,520 tonnes, up by 7% year on year. Supply of block copolymers of propylene (PP block copolymer) and homopolymer of propylene (homopolymer PP) increased, demand for statistical copolymers (PP random copolymer) decreased.
Total S.A. is a French multinational oil and gas company and one of the six "Supermajor" oil companies in the world with business in Europe, the United States, the Middle East and Asia. The company's petrochemical products cover two main groups: base chemicals and the consumer polymers (polyethylene, polypropylene and polystyrene) that are derived from them.
MRC