BASF and Japanese JGC Cooperate; Cooperation for more efficient removal and storage of natural gas carbon dioxide.

0 Comments | M2 Presswire, October, 2005

M2 PRESSWIRE-5 October 2005-BASF GROUP: BASF and Japanese JGC Cooperate; Cooperation for more efficient removal and storage of natural gas carbon dioxide(C)1994-2005 M2 COMMUNICATIONS LTD RDATE:05102005 BASF and JGC Corporation, Japan, are jointly developing a new technology for removing and storing the carbon dioxide (CO[2]) contained in natural gas.

The cooperation aims to develop a process that will shave some 20 percent off the cost of traditional methods. Set up for an expected term of eight years, the joint effort of the two companies is being sponsored by the METI, the Japanese Ministry of Economy, Trade and Industry. The process is of interest with a view to the Kyoto Protocol, which seeks to achieve a long-term reduction of climate-damaging...