Samsung Engineering & Svante Unite in MoU for Carbon Capture Advancements in Asia and the Middle East
Samsung Engineering and Svante Technologies Inc. have signed an MoU to work together on commercial carbon capture, utilization, and storage (CCUS) projects in Asia and the Middle East. Their focus is on challenging industries like cement, steel, hydrogen, and fertilizer, using Svante’s innovative solid sorbent-based carbon capture technology. Additionally, they will explore design improvements for Svante’s carbon capture plants. The agreement was formalized during the ADIPEC 2023 conference in Abu Dhabi on October 4, 2023.