Skyonic Corporation is set to open the new Capitol SkyMine tomorrow, 21st October. The US$125 million project is the first of its kind, being a commercial-scale carbon capture and utilisation facility with a total carbon impact of 300 000 tpa. The plant will directly capture 75 000 tpa of CO2 and transform it into solid, usable products, such as baking soda (sodium bicarbonate), bleach and hydrochloric acid (HCl).
The Capitol SkyMine is expected to generate revenue of approximately US$48 million per annum and earnings of US$28 million – all from greenhouse gas emissions that previously would have been released into the atmosphere.
“The Capitol SkyMine facility is the first step in our vision to mitigate the effects of industrial pollution and close the carbon cycle,” said Joe Jones, founder and CEO of Skyonic. “We are excited to mark this historic milestone with our innovative SkyMine® technology to capture pollutants and transform them into everyday products.”
The patented SkyMine® process allows owners of industrial facilities or fossil-fuel-fired power plants to capture up to 90% of CO2 emissions from flue gas and transform them into solid products that can then be sold for a profit. The creation of these carbon-negative products will offset CO2 emissions by displacing products that are normally made through carbon-intensive practices.
The introduction of this innovative technology could transform the carbon capture industry. Using SkyMine® technology, stationary emitters can convert greenhouse gases into common industrial products, rather than capturing and sequestering them.
“SkyMine® is more than a green technology – it’s a profitable, smart business decision that makes money,” Jones said. “Our business partners can use this technology to meet emissions requirements, replace costly scrubbing technologies and increase revenues. Skyonic is proud to partner with Capitol Aggregates to launch Capitol SkyMine, which will transform greenhouse gases into profits and change the way we all look at emissions.”
Adapted from press release by Katherine Guenioui
Read the article online at: https://www.worldcement.com/the-americas/20102014/skyonic-opens-commercial-scale-ccu-facility-at-texan-cement-plant-697/