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01-18-2010: BASF and Linde-KCA-Dresden GmbH (LKCA), a Linde Group subsidiary, will jointly market licenses and plants for the capture of carbon dioxide (CO2) from flue gases in the future. The companies signed the cooperation agreement.
Within this cooperation BASF will be responsible for the chemical processes for capturing CO2, while LKCA will provide engineering and design as well as the construction of the facilities. The cooperation will focus mainly on the Middle East region, where the demand for purified CO2 is increasing, for example to raise yields in crude oil production (by means of enhanced oil recovery) and in urea production.
“In a situation where energy production around the world relies predominantly on fossil materials and where this share is expected to increase further, we will concentrate precisely on these energy sources in our cooperation,” said Dr. Andreas Northemann, head of the gas treatment business in BASF’s Intermediates division, and added: “By pooling the two companies’ expertise we can provide our customers with integrated engineering solutions and even complete CO2 capture plants.”
“Through this cooperation we will contribute to capturing and transporting climate damaging CO2 in a controlled manner for recycling in purified form or final sequestration,” said LKCA Managing Director Jörg Linsenmaier.
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