In a significant step towards mitigating climate change and carbon emissions, Svante Technologies, a leader in carbon capture technology, and Samsung E&A, a global engineering and construction solutions provider, have announced a strategic partnership.
The partners will deploy standardized, skid-mounted modular carbon capture units (CCUs) worldwide. This collaboration underscores both companies’ commitment to fostering innovative solutions for a lower-carbon future.
The collaboration aims to offer a comprehensive, integrated project delivery model for carbon capture plants, streamlining the process for industrial customers.
This includes the joint development of standardized advanced front-end engineering (FEL3) packages. During project execution, Samsung E&A is anticipated to be the exclusive EPF (Engineering, Procurement, and Fabrication) supplier of skid-mounted CO₂ capture modules, while Svante will provide its patented carbon capture machines and filter beds.
This integrated approach is expected to optimize project management and performance, facilitating the deployment of large-scale carbon capture facilities.
Together, Svante and Samsung E&A will actively identify, develop, and deliver commercial-scale carbon capture projects globally. The partnership offers a tangible pathway for heavy industries and energy producers in various regions to achieve their increasingly critical emission reduction targets, contributing to a more sustainable industrial landscape.
Key highlights:
- Environmental impact: Focuses on the deployment of technology to capture and potentially utilize or store significant volumes of CO₂, directly contributing to climate change mitigation.
- Technological innovation: Highlights the use of advanced solid sorbent filter technology and modularization techniques to enhance efficiency and reduce costs.
- Strategic collaboration: Emphasizes the partnership between two key players in the energy and technology sectors to accelerate the adoption of sustainable solutions.
- Scalability and deployment: Underscores the establishment of a large-scale manufacturing facility to support the global deployment of carbon capture technologies.
- Contribution to emission reduction targets: Positions the partnership as a vital enabler for industries to meet their environmental commitments and regulatory requirements.
The joint initiative leverages Svante’s next-generation Veloxotherm solid sorbent filter technology, known for its efficiency and potential to significantly reduce the cost of carbon capture. Complementing this, Samsung E&A brings its extensive expertise in advanced digital solutions and modularization, a methodology that streamlines project timelines and minimizes on-site construction, thereby enhancing the economic viability and scalability of carbon capture projects.
About the partnership:
The partnership was formalized at Svante’s Grand Opening Event in Burnaby, British Columbia, Canada, which also marked the commissioning of the world’s first gigafactory dedicated to producing Svante’s innovative filter technology. This state-of-the-art facility boasts the capacity to manufacture filters capable of capturing 10 million tons of CO₂ annually, a crucial milestone in scaling up carbon capture capabilities.
Samsung E&A, committed to supporting the global energy transition, recognizes the synergistic potential of this alliance. Their proficiency in executing large-scale capital projects through modularization and digitalization, combined with Svante’s advanced carbon capture technology, will provide industrial clients in energy-intensive sectors with accessible and effective engineering-based carbon management solutions.
Claude Letourneau, President & CEO, Svante, said, “By establishing our world-class manufacturing facility and partnering with Samsung E&A, we are addressing critical aspects of project execution—schedule and cost—through standardized design and fabrication.”
