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2023.01.19
 CARBONCO signed an MOU with the world’s largest seawater desalination company
 CARBONCO signed an MOU with the world’s largest seawater desalination company
Jaehyung Yu (third from left), head of Business Development at CARBONCO,
at EVOLVE 2023 Forum in Saudi Arabia. It explains the application method and
effect of expanding the value chain of desalination with CCUS technology.
 
CARBONCO, a company specializing in decarbonization solutions established by DL E&C, and SWCC (Saline Water Conversion Corporation) held a CCUS in Riyadh, the capital of Saudi Arabia, on January 17. ) signed MOU for the project.
 
SWCC is an organization affiliated with the Saudi government and operates the world's largest seawater desalination plant. In addition, it is Saudi Arabia's second largest power producer operating multiple power plants. Through its affiliated research institute, it is leading carbon reduction projects in the field of seawater desalination and power generation using renewable energy in Saudi Arabia.
 
CARBONCO and SWCC have agreed to cooperate on the introduction of CCUS technology, which uses carbon collected from power plants operated by SWCC in the seawater desalination post-treatment process. The two companies plan to cooperate throughout CCUS business development, including commercial CCUS plant construction, based on business feasibility review and basic design research for the application of CCUS technology. In addition, they plan to jointly research various CCUS projects such as biological and chemical conversion, mineralization and storage of carbon that can be utilized in Saudi Arabia.
 
“SWCC is pursuing a seawater desalination project using renewable energy to lead the achievement of Saudi Arabia’s VISION 2030,” SWCC Director Tariq Al-Gafari said. will,” he said.
 
“CARBONCO is developing CCUS technology and applying it to various fields, while striving to provide a sustainable CCUS solution,” explained Yoo Jae-hyeong, head of Business Development at CARBONCO. “If CARBONCO’s CCUS technology is applied to the seawater desalination process, It is expected to be a customized answer for Saudi Arabia’s carbon neutrality.”
 
Meanwhile, SWCC hosted the EVOLVE 2023 forum to exchange visions and technologies for Saudi Arabia's seawater desalination project, inviting CARBONCO to the event as the only Korean company.
 
DL E&C established a carbonco that specializes in ccus business to expand the eco-friendly decarbonization business in August last year. CARBONCO is conducting an eco-friendly developer business including hydrogen and ammonia business as well as CCUS.
for the CCUS project
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