SigmaRoc PLC Launch of carbon capture facility
22 Junho 2023 - 3:00AM
RNS Non-Regulatory
TIDMSRC
SigmaRoc PLC
22 June 2023
22 June 2023
(EPIC: SRC / Market: AIM / Sector: Construction Materials)
SIGMAROC PLC
( ' SigmaRoc ', the 'Group' or the 'Company')
SigmaRoc's first carbon capture facility launched at Nordkalk's
K ö ping site
SigmaRoc plc, the specialist quarried materials group, today
announces that it has successfully installed its first carbon
capture unit at Nordkalk's site in Köping in Sweden. The fully
scalable carbon capture system, utilising Aqualung's innovative
membrane technology is the first-ever implementation of its kind in
the industry.
The carbon capture system has been developed by Aqualung Carbon
Capture AS, a leading provider of membrane-based carbon capture and
separation technology based in Norway.
Over the course of the last year, SigmaRoc have reviewed an
array of technologies including amine absorption, solid absorption,
membrane and cryogenic. The Aqualung membrane technology was
considered as best suited for the Group's operations based on the
following factors:
- Small footprint
- Low capital expenditure
- Low operating expenditure
- Low complexity and environmentally friendly
- Highly efficient
- Highly favourable energy balance
- Fully scalable and modular
The Aqualung module installed in Köping can capture up to 25% of
the process emissions emitted from a standard kiln process at
Nordkalk and was initially designed as a 'capture and release'
system to demonstrate the durability and efficiency of the
membranes. The unit will also be connected to a pilot purification
module to simulate settings required to produce higher purities of
CO(2) for different end use applications that go beyond
sequestration requirements.
The Group is working with various businesses and solution
providers with regards to the end use of CO(2) including being
involved with NICE (Norvik Infrastructure CCS East Sweden) project
to explore CO(2) utilisation options with various partners.
Nordkalk also secured part-funding from the Swedish Energy
Agency for the implementation and scaling of the Köping carbon
system with the intention to capitalise on the learning from the
engineering, commissioning, and operation phase of the initial
module.
The Group will continue to update on the progress as well as our
roll-out plan to implement the technology in all of Nordkalk's
operating kilns by 2030.
Official Launch
An official launch took take place yesterday at Nordkalk's
Köping site to celebrate the significant step in the Company's
evolution. National and regional government representatives as well
as customers, local communities and other stakeholders were invited
to look around the site.
Max Vermorken, CEO of SigmaRoc, commented:
"Alongside our fossil fuel replacement program where we have
proven the ability for 100% substitution; the carbon capture system
represents a crucial milestone in our journey towards achieving Net
Zero by capturing our remaining process emissions."
Henrik Utvik, Founder, President and CTO at Aqualung,
commented:
"We are thrilled to unveil our first lime carbon capture plant
with SigmaRoc. The project is a crucial stepping-stone towards our
ambitious goal of large-scale carbon capture across a wide range of
industries including lime, cement, steel, and refineries."
Klara Helstad, Head of Sustainable industry at the Swedish
Energy Agency comments:
"This project, funded via the Indus trial Leap, is an important
step towards the realisation of a full-scale value chain for carbon
dioxide capture and storage (CCS) - or utilisation (CCU) - at the
Nordkalk Köping site. The results can then be of use in future
implementations at other industrial sites"
Information on the Company is available on its website,
www.sigmaroc.com .
For further information, please contact:
SigmaRoc plc Tel: +44 (0) 207
Max Vermorken (Chief Executive Officer) 002 1080
Garth Palmer (Chief Financial Officer)
Tom Jenkins (Head of Investor Relations)
ir@sigmaroc.com
Liberum Capital (Co-Broker) Tel: +44 (0) 203
Nick How / Jamie Richards / Ben Cryer 100 2000
Peel Hunt (Co-Broker) Tel: +44 (0) 20 7418
Mike Bell / Ed Allsopp 8900
About Sigmaroc plc
SigmaRoc PLC is an AIM-listed buy-and-build group targeting
construction materials assets in the UK and Northern Europe. It
seeks to create value by purchasing assets in fragmented
construction materials markets and extracting efficiencies through
active management and by forming the assets into larger groups. It
seeks to derisk its investments via strong asset backing at its
projects.
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRALFLLLXQLBBBE
(END) Dow Jones Newswires
June 22, 2023 02:00 ET (06:00 GMT)
Sigmaroc (LSE:SRC)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Sigmaroc (LSE:SRC)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024