Lafarge Zementwerke, a member of LafargeHolcim Group, OMV, VERBUND and Borealis are to co-sign a Memorandum of Understanding (MOU) for the joint planning and construction of a full-scale plant by 2030 to capture CO2 and process it into synthetic fuels, plastics or other chemicals. Climate neutrality, circularity and innovation in Austria are driven by establishing a cross sectoral value chain for carbon capture. This project will reduce emissions from cement production, establishing the greenhouse gas CO2 as a valuable raw material.
In the MOU, the leading industrial players Lafarge, OMV, VERBUND and Borealis agree on collaborating across industry sectors in the project ‘Carbon2ProductAustria’ (C2PAT). Its objective is to create a cross sectorial value chain and to operate a full-scale plant by 2030 which will eventually capture almost 100% of the annually emitted 700 000 tons of CO2 at Lafarge’s cement plant in Mannersdorf, Austria. The aim is to ultimately use the captured CO2 as a resource.
In combination with green hydrogen (from renewable energies) produced by VERBUND, the captured CO2 will be transformed by OMV to renewable based hydrocarbons, which, in turn can be used to produce renewable based fuels or be utilised by Borealis as a feedstock to manufacture value-add plastics.
"We are committed to leading the industry in reducing carbon emissions and shifting towards low-carbon construction. We have worked consistently and successfully on the reduction of the CO2 footprint of our cement plants, products and solutions. Ultimately, CO2-neutral cement production can only be possible with the implementation of breakthrough technologies, like Carbon Capture, which is why we have great expectations for the C2PAT project", Lafarge CEO, José Antonio Primo, points out.
New cross-sectoral value chains support the path from key industries towards climate neutrality
Given that C2PAT is implemented, the 700 000 tons of CO2 per year can be transformed into synthetic fuel by OMV. On top, the partners aim to investigate a truly circular approach: with Borealis being a key partner, the captured CO2 can be used for the production of renewable based, value-add plastics. These plastics are especially suited for recycling at the end of their lifetime, and with this, enable a nearly closed CO2 loop.
Green hydrogen as a means to decarbonise CO2-intensive industries
VERBUND, Austria’s largest electricity company, will supply the green hydrogen used to recycle the captured CO2: “Green hydrogen is produced when water is electrolysed using electricity from renewable sources. For the Carbon2ProductAustria-Project we will use green electricity from our renewable generation portfolio,” explains Michael Strugl, Deputy CEO VERBUND. “Green hydrogen offers huge potential for decarbonising CO2-intensive industrial processes. In order to reach our national and global climate goals we have to collaborate across sectors and join our efforts for decarbonisation and climate neutrality.”
Taking the next steps towards a Zero CO2 economy will require the right financial as well as favourable regulatory framework conditions The success of C2PAT will largely depend on whether the right financial and regulatory framework conditions are created both at the EU and Austrian national level.
With this collaboration, Lafarge, OMV, VERBUND and Borealis are showcasing an innovative and viable solution for the transformation towards a Zero CO2 economy in Europe.
Rainer Seele, OMV Chairman of the Executive Board and CEO: “Climate protection requires innovation and cooperation. With this project we aim to do both, and it shows that economic viability and climate protection go hand in hand based on new technologies. CO2 is not just a greenhouse gas that we have to reduce. It is also a valuable raw material from which we can produce synthetic fuels and feedstock for the chemical industry.”
Accelerating the transition from a linear to a circular economy to reduce CO2 emissions
“Circularity requires us to consider the whole system, and not default to the least change, linear option because it is more convenient,” comments Borealis CEO, Alfred Stern. “The plastics industry can be a powerful contributor to climate action, through materials replacement that reduces weight, by minimising food waste and by shifting to well-designed circularity that reduces CO2 emissions. We are excited to join forces with our industry partners on our mission to drive the change towards a Zero CO2 industry.”
Read the article online at: https://www.worldcement.com/europe-cis/30062020/lafarge-omv-verbund-and-borealis-collaborate-to-capture-and-utilise-carbon-on-industrial-scale/