Hyundai Engineering Completes Carbon Dioxide Capture and Utilization Facility "Achieving Carbon Neutrality"

Securing Patent Technology for Carbon Dioxide Capture and Resource Recovery
Completion of Carbon Dioxide Capture and Resource Recovery Facility at Hyundai Steel Incheon Plant
Commercialization of 100 Tons of Carbon Dioxide Capture per Day Starting 2023
Applicable to All Carbon Emission Sites, Contributing to ESG Management Expansion

Hyundai Engineering Carbon Dioxide Resource Recovery Demonstration Facility.

Hyundai Engineering announced on the 16th that it has completed the 'Carbon Dioxide Capture and Utilization Facility' at the Hyundai Steel Incheon Plant site and has entered the demonstration phase. This is an eco-friendly plant project that reduces carbon dioxide by utilizing Carbon Capture and Utilization (CCU) technology while producing resources such as hydrogen and carbonates.

This facility is being developed in collaboration with GT, an energy chemistry research company holding the 'metal-carbon dioxide patent technology.' It is a system that receives carbon dioxide from Hyundai Steel Incheon Plant to produce hydrogen, electricity, and carbonates. Notably, GT has advanced from the research stage of 1kW scale to a commercial-level 10kW scale for demonstration. According to the company, when 3.2 tons of carbon dioxide are input daily, it is expected to produce 72 kg of hydrogen and 7.2 tons of carbonates.

Furthermore, Hyundai Engineering plans to invest in and operate commercial plants of 300kW or more starting in 2023 after completing this demonstration project. In the mid to long term, the goal is to develop 1MW-class system technology capable of large-scale carbon dioxide capture and processing. Applying this system will contribute to carbon neutrality and is expected to significantly aid in establishing an ESG management system through future carbon tax reductions and securing carbon emission rights.

In addition, Hyundai Engineering plans to develop packages for carbon dioxide capture, carbonate processing and storage, and other utilities and auxiliary facilities, supplying integrated EPC products domestically and internationally, and expand its business area through operational projects via its own factory investments.

Previously, Hyundai Engineering has actively pursued the discovery and development of ESG-based eco-friendly new businesses in preparation for the spread of global ESG management and the advent of the carbon-neutral era. In particular, in July this year, through organizational restructuring, it launched the G2E (Green Environment & Energy) division dedicated to new businesses such as CO2 resource utilization, clean hydrogen production, next-generation small reactors, and environmental resource circulation projects, continuously promoting technology development and active investment.

A Hyundai Engineering official stated, "With the carbon-neutral era upon us, this technology can be applied to almost all industrial sectors requiring carbon dioxide emission reduction, such as chemical plants, power plants, and steel mills," adding, "The combination of GT’s core technology and Hyundai Engineering’s extensive design and construction experience in chemical plants is expected to create ESG-based synergy."

This content was produced with the assistance of AI translation services.