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Wooyang HC nominated as a participant for the CCU National R&D
Writer : managerDate : 2022-01-13Hit : 1200

We are selected as a participant for the national project, or “Development of low-carbon fuel technology utilizing carbon dioxide emitted from cement industry in the field of CCU (carbon capture and resource conversion technology)’ hosted by the Ministry of Trade, Industry, and Energy.

CCU is an important technology necessary to realize carbon neutrality by 2050, which means the technology that not only captures carbon dioxide but also recycles it as a useful resource and converts it into a material with high added value.

This project is the first case of applying CCU technology to the cement process in Korea with a total investment of 39 billion won by 2025.

In this business, we plan to use the captured CO2 to localize synthesis gas reforming and methanol conversion production facilities.

Methanol is regarded as next-generation clean fuel and it is a resource that can be converted into dimethyl ether (DME), etc.

By advancing into the carbon resource conversion business to produce high value-added products using the carbon dioxide captured, we are pursuing growth as a specialized Energy & Eco company.

 

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