On the shores of Sharm El Sheikh in Egypt in November (2022), not only was a significant carbon capture agreement signed for realisation in Saudi Arabia, a statement of intent was declared for decarbonisation, sustainability and circular economies in the Middle East.
Pentair and Tata Chemicals Europe have completed the UK’s first1 industrial-scale carbon capture and utilisation plant, designed to capture the equivalent emissions of 20,000 UK cars2.
The signatories to that agreement were Ma’aden, the largest multi-commodity mining and metals company in the Middle East, and Gulf Cryo, a regional leader in managing the carbon full circular value chain from capture to utilisation. What they had just committed to is a 20-year agreement to capture and utilise Ma’aden’s carbon emissions – considered the biggest carbon project for the merchant market targeting CO2 (carbon dioxide) utilisation in the region.
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