- Samsung C&T and Axens signed an MoU for CCUS projects.
- Samsung C&T is expanding into carbon capture and storage.
- Axens offers DMX™ amine-based carbon capture technology.
Partnership Overview
Samsung C&T Engineering & Construction Group and Axens have signed a Memorandum of Understanding (MoU) to collaborate on Carbon Capture, Utilization, and Storage (CCUS) projects. This partnership aims to leverage the strengths of both companies to advance the deployment of CCUS technologies globally.
Samsung C&T's Expansion
Samsung C&T, known for its expertise in energy infrastructure projects such as power plants and LNG terminals, is now expanding into the carbon capture and storage sector. This move aligns with the company's strategy to diversify its portfolio and contribute to decarbonization efforts.
Axens' Technological Contribution
Axens brings its advanced technology expertise to the partnership, including its proprietary DMX™ amine-based post-combustion carbon capture process. The company also offers CO2 purification technologies and downstream processes, such as the production of sustainable aviation fuels.
Shared Goals
The collaboration between Samsung C&T and Axens represents a significant step in supporting industry decarbonization. By combining Samsung C&T’s global project execution capabilities with Axens’ cutting-edge CCUS technologies, the partnership aims to accelerate the deployment of effective and cost-efficient solutions to reduce carbon emissions.
