Tag: Carbon Clean

Survey finds strong support for CCUS across the hydrocarbon processing sector

Stuart Mitchell

A survey conducted by Gulf Energy Information has revealed that 84% of 145 respondents in the hydrocarbon industry expect carbon capture, utilisation and storage (CCUS) will be a mainstay of their industry. In addition, almost two thirds of respondents identified hydrocarbon processing plants, including refineries, as being most suited for CCUS deployment. The survey was commissioned by Carbon Clean, a global leader in cost-effective carbon capture solutions, with respondents coming from a variety of sectors including refining, petrochemical, gas processing, LNG, and engineering. Decarbonisation is of growing importance to these…

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Carbon Clean awards FEED contract to KBR

Stuart Mitchell

Carbon Clean, a global leader in cost-effective carbon capture solutions, has announced that it has awarded a Front End Engineering Design (FEED) contract to global engineering experts, KBR, for a groundbreaking carbon capture project at CEMEX’s Rüdersdorf plant in Germany.   KBR will provide FEED services for the initial stage of the project which aims to develop and deploy Carbon Clean’s breakthrough modular carbon capture technology – CycloneCC – to initially capture 100 tonnes per day (TPD) of CO2 at the plant. The captured CO2 will be combined with green…

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Carbon Clean raises $150m in record carbon capture funding round

Stuart Mitchell

Carbon Clean, has closed the largest ever equity funding round for a point source carbon capture company, taking a major step towards its goal of delivering industrial decarbonisation on a gigatonne scale by the mid-2030s. Carbon Clean has raised U.S. $150m from existing investor Chevron, who led the round, alongside CEMEX Ventures, Marubeni Corporation and WAVE Equity Partners and new investors, AXA IM Alts, Samsung Ventures, Saudi Aramco Energy Ventures and TC Energy. To date, Carbon Clean has raised $195m, having closed its $30m Series B investment round in August…

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Carbon Clean raises $8 million through Series B extension with CEMEX as new investor

Stuart Mitchell

Carbon Clean, a leader in developing cost-effective carbon dioxide capture and separation technology, announced today it has raised $8 million from new investor CEMEX and existing investors Equinor Ventures, ICOS Capital, and WAVE Equity Partners. The capital raise extends Carbon Clean’s successful $22 million Series B investment round announced in July 2020, bringing the total value of the round to $30 million. San Pedro, Mexico-based CEMEX, a global leader in the building materials industry, announced earlier this year its US operations were awarded a grant from the US Department of…

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