Carbon Dioxide Industry Hotspots for June 2015

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Hot 1:Kepec's carbon dioxide capture project begins construction Hot 2:Japanese steel companies develop new technology to reduce carbon emissions Hot 3:Hefei Beijing will pilot carbon emissions trading system

Hot 1:KPC Carbon Dioxide Capture Project Begins Construction

On May 26th, the foundation stone of 100,000 tons/year carbon dioxide capture project of psa relaxation gas of Karamay Petrochemical Methanol Plant was laid in Karamay Petrochemical Industrial Park.

This project is the first carbon dioxide capture project in Xinjiang that utilizes nearly ten international advanced technologies such as oxygen-rich combustion, radiation enhancement, flue gas condensation, aea adsorption and resolution.

The project is invested by Xinjiang Dunhua Green Petroleum Technology Co., Ltd, with an investment of nearly 300 million yuan.

At 18:00 p.m. on the same day, Vice Mayor Liu Botao announced the commencement of the carbon dioxide capture project.

Kuang Lichun, member of the Standing Committee of the Municipal Party Committee and deputy general manager of Xinjiang Oilfield Company, Dong Yujiang, general manager of the project department of China Kunlun Engineering Company, Xu Yubing, chairman of Xinjiang Dunhua Green Petroleum Science & Technology Co., Ltd. and relevant leaders of the Municipal Petrochemical Park Management Committee, Kunlun Bank, China Kunlun Engineering Company, and Karamay Petrochemical Company took part in the ceremony of laying the foundation stone.

It is understood that at the end of 2011, Dunhua discussed with Oilfield and KPC on the separation and capture project of flue gas (flue gas) from methanol plant. After more than three years of research and investigation, the project was finally put into construction this year. The project is expected to be able to enter the plant for commissioning by the end of July and will be put into operation by the end of August.

According to Xu Yubing's introduction, after the completion of the carbon dioxide capture project, it can provide carbon dioxide resources for Xinjiang Oilfield Company to carry out carbon dioxide composite steam throughput in thick oil area and provide carbon dioxide resources to ensure the mixed-phase drive of low-porosity and low-permeability reservoirs in dilute oil area, and the carbon dioxide 2+3 mining is the most effective and mature technology to realize cost reduction, production increase and enhanced recovery under the background of low oil price. At the same time, the application of relaxation gas decarbonization technology can directly reduce the fuel gas usage of Karamay methanol plant by 15 million cubic meters/year, and save about 16 million kWh of electricity per year, which is equivalent to about 25,000 tons of standard coal, and also lay a foundation for the capture of hydrogen from the carbon dioxide after the capture of the relaxation gas.

It is understood that Xinjiang Dunhua Company is subordinate to Beijing Dunhua Sunshine Investment Management Co., Ltd, which is a high-tech enterprise dedicated to new technology of oilfield development, energy saving and efficiency, and also a technology leader in domestic ccus (carbon capture, utilization and storage) industry. The company's carbon dioxide separation and capture products are used in many oilfields, and the products can realize the oilfield production increase and improve the recovery rate, and eventually complete the carbon burial.

Hot 2: Japanese Steel Company Develops New Technology to Reduce Carbon Emissions

Japanese steel companies plan to control carbon dioxide emissions by recovering waste heat and exhaust gases to help Japan meet its carbon dioxide reduction targets.

The steel industry is the largest CO2 emitter in Japan's industrial sector, and its future emissions reduction goal is to reduce CO2 emissions by 30% by 2050. According to Japan's Ministry of the Environment, Japan's steel industry emitted about 200 million tons of carbon dioxide in the 2013/14 fiscal year, accounting for 43 percent of Japan's total industrial emissions and 10 percent of Japan's total emissions. Japan's largest steel company, Nippon Steel & Sumitomo Metal, said that compared to other countries, Japan's iron and steel industry's energy efficiency has actually reached the highest level, if you follow the existing technology, even with further breakthroughs, emissions reduction space is actually not large. Because of this, including Nippon Steel & Sumitomo Metal, JFE Steel and Kobe Steel and other Japanese steel companies decided to cooperate in the development of a new generation of steelmaking technology, to achieve further substantial emission reduction targets. It is understood that Nippon Steel & Sumitomo Metal Junjin iron production near the No. 4 blast furnace construction of an experimental furnace, the use of amino acid-based solution for the absorption of carbon dioxide emissions in the blast furnace, has successfully developed a solution that can be cheap and effective absorption of carbon dioxide. Japanese steel companies plan to build a small experimental furnace from September this year, to be put into operation next year, the metallurgical coke gas reforming test, at the same time can be tested on the carbon dioxide absorption system. Japanese steel companies hope to develop new technologies that can be widely used before 2030. Japan currently has 27 blast furnaces in service, three of which will be shut down in the near future. Japan Steel hopes to gradually replace the existing blast furnaces with those using the new technology, and complete replacement is expected to be completed by 2050.

Hot 3:Hefei Beijing will pilot carbon emissions trading system

The first electric network recently learned from the Hefei new energy automobile industry policy implementation to promote the salon, the country will introduce carbon emissions trading system, the first in Hefei and Beijing for the pilot.

According to the Hefei City Economic and Information Technology Commission sources, has formed a set of roughly the program to fuel car emissions and sales as the measurement of carbon emissions of traditional car companies, car companies produce a certain value of carbon emissions, must be corresponding to the production and sale of part of the new energy vehicles, the equivalent of carbon emissions, "plus and minus". If the car company does not reach a certain amount of new energy vehicle production and sales scale, must have a surplus to other new energy vehicle enterprises to buy indicators, or will be prohibited from the sale of traditional cars or pay a fine.

The system will be first tried out in Hefei and Beijing, and transactions will be limited to locally generated quotas. For example, if you sell a traditional car in Hefei, to fulfill the carbon emission requirements, you must purchase the new energy vehicle targets promoted in Hefei, and the new energy targets promoted in foreign countries cannot be counted as part of the Hefei deal. It will be difficult to implement at the moment, after all, cars are too mobile to be completely fixed, so the relevant policy system has been under revision.