New CO2 Capture Technology from Natural Gas JGC, INPEX and BASF to Perform Demonstration Tests
JGC, INPEX and BASF announced today that they have entered into an agreement to jointly carry out demonstration tests on a new technology for effectively capturing and recovering CO2 contained in natural gas. The tests are carried out at INPEX’s Koshijihara natural gas plant (Nagaoka city, Niigata prefecture) starting August 2010.
- (1888PressRelease) July 30, 2010 - Yokohama , Japan – Natural gas often contains CO2 when it is extracted from the well. Whether the natural gas is transported via pipelines, converted to liquefied natural gas (LNG) or used in chemical processes, the CO2 has to be captured beforehand. Even state-of-the-art CO2 capture processes require a large amount of energy and the removal facilities account for a major part of investment and operating costs.
JGC and BASF jointly began developing a new technology for a CO2 capture process called High Pressure Acid Gas Capture Technology (HiPACT) in 2004. Following basic research and a series of trials, the new technology shows a significantly higher CO2 absorption rate than existing processes and is capable of recovering CO2 under high-pressure conditions. An important milestone in this development is transferring the new technology to an operating gas processing facility.
The advantage of HiPACT technology is twofold: firstly, it reduces the overall power consumption of the facility and lowers investment costs. Moreover, because the CO2 is released from the solvent at well above atmospheric pressure there is a significant reduction in the amount of energy required if CO2 is used in high pressure applications such as chemical synthesis or sequestered underground.
Going forward with information from the test results, JGC and BASF will focus on the commercialization of HiPACT technology in all relevant sectors, for example in natural gas projects with CO2 reinjection. INPEX will aim at further energy savings at its natural gas plants by using the HiPACT technology.
About JGC Corporation
More information about JGC Corporation is available on the internet at: www.jgc.co.jp .
About INPEX Corporation
More information about INPEX Corporation is available on the internet at: www.inpex.co.jp
About BASF Intermediates
The BASF Group’s Intermediates division develops, produces and markets around the world a comprehensive portfolio of more than 600 intermediates. The most important of the division’s product groups include amines, diols, polyalcohols, acids and specialties. Among other applications, intermediates are used as starting materials for coatings, plastics, pharmaceuticals, textile fibers, detergents and crop protectants. Innovative intermediates from BASF help to improve the properties of final products and the efficiency of production processes. The ISO 9001:2000-certified Intermediates division operates plants at production sites in Europe, Asia, and the Americas. Around the globe, 2,620 employees of the division generated sales of about €1.9 billion to third parties in 2009. For more information, go to www.basf.de/intermediates .
About BASF
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics and performance products to agricultural products, fine chemicals and oil and gas. As a reliable partner BASF creates chemistry to help its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of more than €50 billion in 2009 and had approximately 105,000 employees as of the end of the year. Further information on BASF is available on the Internet at www.basf.com .
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