Air Liquide signs MOU with Shanghai Chemical Industry Park to develop Carbon Capture Utilization and Storage

On the occasion of the opening of the first Shanghai Carbon Neutrality Exposition, Air Liquide China announces that it has signed an Memorandum of Understanding (MOU) with Shanghai Chemical Industry Park (SCIP) to study the feasibility of developing Carbon Capture Utilization and Storage (CCUS) in SCIP. 

In the framework of this MOU, Air Liquide China and SCIP will conduct joint studies on the potential technical solutions, evaluate related business models and determine the necessary policy support needed for this development, to support the decarbonization of the hard-to-abate industries in the basin. Air Liquide already contributes its cutting edge technology and expertise to several CCUS projects worldwide.

Air Liquide has been actively involved in the development of the Shanghai Chemical Industrial Park since 1996. Air Liquide’s subsidiary Shanghai Chemical Industry Park Industrial Gases (SCIPIG) announced in 2022 that it would construct two new low-carbon hydrogen plants. Among other initiatives, Air Liquide established a joint venture with Shenergy and SCIP to build the largest hydrogen filling center in Shanghai in terms of filling capacity. This filling center, which will use the low-carbon hydrogen produced by SCIPIG to supply hydrogen refueling stations across the Yangtze River Delta and support the fast growing hydrogen mobility. 

Nicolas Poirot, President and CEO of Air Liquide China, said, “This MOU opens the door to the advancement of CCUS in SCIP, providing an impetus to support the decarbonization goals of the industrial players in the industrial park. In line with its ADVANCE strategic plan, Air Liquide China is committed to the development of  reliable and competitive solutions that help its customers to reduce their carbon footprint.”