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Hyundai Engineering & Construction Joins Korean State Project for CO2 Liquefaction and Bunkering Hub

Hyundai Engineering & Construction has been named a participant in a national R&D project developing integrated infrastructure to purify, liquefy, store and transport carbon dioxide captured at industrial sites, according to a company announcement made public on July 3. The project, overseen by South Korea’s Ministry of Climate, Energy and Environment, centers on pretreatment, liquefaction and bunkering-hub technology for CO2 drawn from multiple emission sources.

Within the consortium, Hyundai E&C will lead engineering design for the CO2 liquefaction process and integrate the pretreatment, liquefaction and loading/unloading stages into a single workflow. The company said it plans to use data and design work from a demonstration plant to refine process optimization, and to develop engineering for linking liquefied-CO2 storage tanks, terminals and ports — capabilities it intends to apply to future carbon capture and storage (CCS) hubs and carbon transport infrastructure both in Korea and abroad.

Other participants named alongside Hyundai E&C include the Institute for Advanced Engineering, the Korea Institute of Industrial Technology, Seoul National University, Dong-A University, Hyundai Motor, Hyundai Steel, Hyundai Glovis, HD Korea Shipbuilding & Offshore Engineering, and GS Caltex.

Carbon Market Context

Liquefaction, storage-tank and port-linked transport infrastructure of the kind described here is a prerequisite for moving captured CO2 into shared CCS hubs — a build-out that Asian industrial economies are pursuing as a step toward scaling carbon capture and storage alongside their net-zero targets.

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