Lotte Chemical UK support launch of Teesside Collective vision for the UKs first Industrial Carbon Capture and Storage (ICCS) facility

For the past 12 months, Lotte’s Senior Technologist, John Baker, has been working alongside other Teesside Companies on an Industrial Carbon Capture and Storage feasibility project.  The group of companies known as the Teesside Collective has been developing the case for the establishment of Europe’s first carbon capture and storage (CCS) equipped industrial zone in Teesside.  A unique collaboration between a cluster of major industrial employers and other interested organisations including BOC, GrowHow, Lotte Chemical, SSI, Tees Valley Unlimited, NEPIC and National Grid –  we are promoting Europe’s leading industrial CCS project.

Sponsored by the Department of Energy and Climate Change (DECC) and advised by Pale Blue Dot, Amec Foster Wheeler, Societe Generale and Cambridge Econometrics, the final project reports are to be published as an overall business case for an industrial CCS network across Teesside, engineering studies on the feasibility of carbon capture on four separate industrial processes and recommendations for a financial support mechanism.

We will be celebrating the launch with stakeholders on 1st and 2nd July in London and Teesside.  In the meantime, we encourage you to follow developments in the run up to the launch via our Twitter feed @TeesCollective.

Further Reading:-

What Teesside could look like in 2030 with ICCS: http://www.teessidecollective.co.uk/project/teesside-in-2030/

Teesside Collective Home Page: http://www.teessidecollective.co.uk/

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