At the headquarters in Jongno-gu, Seoul, Kwon Hyuk-tae, Executive Director of RIF Tech. (left), and Ha Sung-yong, President of Airrain Co., Ltd. (right), are posing for a commemorative photo at the signing ceremony of the Memorandum of Understanding (MOU) for "Membrane-based Carbon Capture and Utilization Technology Exchange and Business Cooperation Establishment." (Photo by GS Construction)

At the headquarters in Jongno-gu, Seoul, Kwon Hyuk-tae, Executive Director of RIF Tech. (left), and Ha Sung-yong, President of Airrain Co., Ltd. (right), are posing for a commemorative photo at the signing ceremony of the Memorandum of Understanding (MOU) for "Membrane-based Carbon Capture and Utilization Technology Exchange and Business Cooperation Establishment." (Photo by GS Construction)

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[Asia Economy Reporter Kim Hyemin] GS Engineering & Construction is embarking on the development of membrane technology, a core component of carbon capture plants. (Membranes are materials that selectively allow certain components to pass through, similar to filters.)


On the 30th, GS Engineering & Construction announced on the 5th that its subsidiary RIF Tech and Airrain signed a Memorandum of Understanding (MOU) to establish cooperation and exchange on membrane-based carbon capture and utilization technologies. The event was attended by about 10 people, including Ha Sung-yong, CEO of Airrain, and Kwon Hyuk-tae, Executive Director of RIF Tech.


Airrain is a specialized company in gas separation membranes, possessing proprietary technology and production facilities. RIF Tech is an expanded and reorganized version of GS Engineering & Construction’s existing research organization, developing various technologies aimed at achieving carbon neutrality.


Through this MOU, the two companies plan to develop carbon capture membrane technology and further explore business opportunities in carbon capture plants. The next-generation membrane technology under development is expected to be eco-friendly, as it requires a smaller area compared to existing facilities, is economical and efficient, and offers ease of modularization. Until now, carbon capture plants have used a wet method, where waste gas emitted from factories passes through reactive chemicals to capture carbon dioxide.



A GS Engineering & Construction official stated, "The cooperation between the two companies can expand not only to membrane technology for carbon capture but also to various eco-friendly membrane technologies," adding, "We will continue efforts to discover new business opportunities based on eco-friendly digital technologies to become a leading sustainable management company in Korea."


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

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