Cancarb partners with Japanese company for carbon capture tech
By MEDICINE HAT NEWS on April 21, 2023.
https://www.medicinehatnews.com@MedicineHatNews Cancarb’s parent company has signed a partnership agreement to develop carbon capture and utilization technology, Tokai Carbon announced Thursday in Tokyo. The agreement on “practical” CCUS applications with global plastics producer Sekisui Chemical would see the two firms jointly study using proprietary technology to capture carbon dioxide and process it back into feedstock for manufacturing. Both company’s have said they will reduce emissions through operations by 2030, and have stated goals of operating with net-zero emissions by 2050. The joint statement outlines a belief that current long-term carbon storage underground is costly and the process inefficient. Sekisui and Tokai will examine a pilot by 2030 to process CO2 first into carbon monoxide (CO), then into pure solid carbon for reuse or low cost, long-term above-ground storage. Tokai Carbon is a worldwide producer in graphite, fine carbon and carbon black (a rubber additive for tires and gaskets which is produced in Medicine Hat) with operations in the U.S., Japan and Asia. Sekisui operates 78 sites outside Japan, including 18 in North America, to produce specialty plastics for manufacturing, construction, automotive and other sectors. [Editor’s note — This article has been update to correct spelling.] 10-9
