Hansol Paper, Airrain enter carbon capture partnership

[Courtesy of Hansol Paper Co.]

Hansol Paper Co. said on Monday that it inked a memorandum of understanding with Airrain, a company specializing in gas separation membranes, to collaborate on a carbon capture, use and storage (CCUS) project in waste incineration flue gas.

With this agreement, Hansol Paper aims to demonstrate the technology of capturing carbon dioxide from waste incineration flue gas and implement CCUS technology at its Daejeon plant‘s waste incinerator. The initial goal is to reduce annual carbon dioxide emissions from the Daejeon plant’s incinerator to 67,000 tons from the current 178,000 tons.

It is also seeking to develop an engineering, procurement, and construction (EPC) business model that incorporates CCUS technology.

CCUS refers to the technology that captures carbon dioxide from steel, cement, petrochemicals and waste for use or storage, and is gaining recognition as an effective method for immediate carbon emission reduction. South Korea needs to reduce 11.2 million tons to meet its Nationally Determined Contribution (NDC) for greenhouse gas reduction by 2030.

Hansol Paper‘s environmental business is seeking EPC and development projects in various fields, including incineration and power plants, complex environmental facilities, and overseas public infrastructure projects. For its part, Airrain has localized gas separation membrane technology, including commercial technology for the whole spectrum of gas separation membranes, including material design and procurement to membrane module production, system design, manufacturing, and operation management.