Tier 1 companies get funding for carbon capture


Air Products and Chemicals Inc., and Praxair have both received funding from the Department of Energy’s American Recovery and Reinvestment Act, for projects that will capture carbon dioxide from industrial sources for storage or beneficial use.

US Energy Secretary, Steven Chu, has announced the first round of funding from the $1.4bn provided by the American Recovery and Reinvestment Act, for carbon capture projects.

Air Products will get $961,499 to design, construct and demonstrate a state-of-the-art system to concentrate CO2 from two steam methane reformer waste streams, at Port Arthur, Texas.

More than 1m tons of CO2 will be delivered per year via pipeline for sequestration into the Oyster Bayou oilfield for enhanced oil recovery by Denbury Onshore LLC.

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