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Aker Carbon Capture's Significant Milestone with SLB Capturi

Aker Carbon Capture ASA (ACC ASA), part of the Aker Horizons portfolio, has made an impressive announcement regarding its collaboration with SLB Capturi. The companies have successfully completed the commissioning of their first modular carbon capture plant at the Twence waste-to-energy facility located in Hengelo, Netherlands. This ambitious project heralds a notable advancement in the global push for decarbonization.

The plant utilizes the innovative and standard modular technology known as Just Catch™. This design is not only efficient but also significantly reduces the amount of onsite installation and outfitting required, thereby offering a more cost-effective and quicker deployment option compared to other existing market alternatives. With a capture capacity of up to 100,000 metric tons of CO2 annually, the facility will play a key role in helping various sectors transition towards a greener future.

The CO2 captured at the facility is set to be repurposed for applications in the horticulture, food, and beverage industries, contributing to a circular economy. This utilization of captured carbon is not just a typical waste management solution, but rather a strategic initiative aimed at addressing environmental challenges and sustainability objectives across different industries.

SLB Capturi represents a strategic partnership between SLB and Aker Carbon Capture ASA, combining the unique strengths and expertise from both companies to facilitate rapid industrial decarbonization on a global scale. In this venture, SLB holds an 80% stake, while ACC ASA retains the remaining 20%.

Jonas Gamre, from Aker Carbon Capture's Investor Relations, highlighted the importance of this development. He stated, "The launch of this modular carbon capture plant is a significant step towards realizing affordable decarbonization solutions. It's a testament to our commitment to combating climate change through innovative technologies and joint efforts with our partners."

Aker Horizons is dedicated to leading the transition to a Net Zero future, specializing in renewable energy and sustainable industrial assets. The company leverages its industrial, technological, and financial expertise to make a meaningful impact on global decarbonization efforts. With its operations spanning five continents and a strong commitment to sustainability, Aker Horizons is a critical player in the fight against greenhouse gas emissions.

As the world continues to grapple with the complexities of climate change, initiatives like SLB Capturi's modular carbon capture plant pave the way for scalable solutions that can be implemented globally. This project at Twence's facility is not just a technological achievement; it is a significant milestone that aligns with global sustainability goals and reflects the future of clean energy technology.

For more information regarding this endeavor or any inquiries related to Aker Carbon Capture ASA, interested parties can reach out to the provided contacts in the press release. The commitment towards environmental responsibility and industrial innovation remains stronger than ever, marking an exciting chapter in the journey towards a sustainable future.