Chart Industries, the US manufacturer of LNG liquefaction, storage and other cryogenic equipment serving the energy and industrial gas markets, has signed an accord with Canada-headquartered Ionada to pursue carbon-capture and sequestration (CCS) projects for the maritime and power sectors.
Ionada is a developer of exhaust-gas cleaning systems that reduce emissions in shipping and power plants. The accord with Chart will bring together Ionada’s technology and Chart’s expertise in carbon-dioxide storage and handling systems.
Atlanta, Georgia-based Chart is also a market leader in supplying US Gulf Coast large-scale LNG export projects, including Venture Global’s Plaquemines plant on the banks of the Mississippi River, Cheniere Energy’s Corpus Christi expansion in Texas and Tellurian’s Driftwood venture in Louisiana.
The company is also developing New York-based New Fortress Energy’s FastLNG production plans, while demand for Chart’s LNG vehicle tanks, fuelling stations and trailers has increased worldwide.
In moving into the CCS sector Chart and Ionada envisage making use of the US company’s onboard storage capabilities via its CO2 ISO containers or in engineered built-for-purpose type-C tanks and with the CO2 then offloaded at ports.
“Once offloaded, the CO2 can either be permanently stored in geological formations or put to beneficial use in CO2-consuming industries, such as the agricultural, industrial, energy or food and beverage sectors,” the companies explained.
