(CercleFinance.com) – Vallourec announces that it has signed a memorandum of understanding with Evonik Industries AG, a leading company in the field of specialty chemicals, for the development of tubular solutions for the capture, use and storage of carbon ( CCUS).
As part of this collaboration, the two companies will conduct research programs and work on an innovative CO2 transport technology for the CCUS industry that provides improved corrosion resistance and thus addresses one of the main transport challenges. and CO2 storage.’
“We are very pleased to sign this Memorandum of Understanding with Evonik to combine the knowledge of our two companies and facilitate the reliable and profitable development of the CCUS infrastructure”, commented Ulrika Wising, Energy Transition Director of Vallourec.