Norwegian renewable energy firm Vow ASA has entered into service agreements with Circon Energy and its sister company ReCO2 to participate in a front-end engineering and design (FEED) study for a large-scale carbon refinery project in the Caribbean.
The study is for the first of several plants planned by Circon and ReCO2. The first plant will use 12-19 lines of Vow equipment to convert various feedstocks into low-carbon fuels, biochar, and recovered carbon black, without direct emissions.
According to Vow, the facility will use its pyrolysis reactor to process feedstocks such as organic municipal waste, plastics, end-of-life tires, storm debris, wood, and agricultural waste into low-carbon fuels, biochar, recovered carbon black, and other useful products.
"It has been a long time coming, but we are finally taking the next step towards realizing this first project in the Caribbean," said Henrik Badin, CEO of Vow ASA.
These agreements were built on a cooperation reached last year.
One tactic toward decarbonization in the commercial and industrial sector is deploying carbon capture technology and then repurposing the carbon for future utilization. In one case, materials firm Fortera is invested $85 million in Recarb plant to manufacture cement partially comprised of capture carbon dioxide (CO2) from an adjacent production plant.
Infinium and Borealis are partnering to create plastics from waste CO2. In Europe, Blastr and lime supplier Lhoist are working to develop a value chain for low CO2 steel production.