ANDRITZ enters into a strategic partnership on carbon capture for the maritime industry

Jan 24 2023


International technology group ANDRITZ has entered into a strategic partnership with MISC to develop carbon capture equipment for the maritime industry.

"MISC's collaboration with ANDRITZ demonstrates its commitment to providing carbon capture solutions to the maritime industry. We are both global leaders in our respective industries, and this strategic partnership opens up new opportunities to develop solutions in the carbon capture and storage value chain," says Captain Rajalingam Subramaniam, MISC President & Group Chief Executive Officer.

ANDRITZ supplies environmental technologies for the maritime industry, including solutions for exhaust gas cleaning and carbon capture. Recently, a first carbon capture plant was delivered for an application in the cement industry. Collaboration with MISC, a global leader for energy-related maritime solutions and services, will focus on developing and promoting carbon capture parts and equipment as well as engineering, procurement, construction and commissioning of carbon capture systems for applications at sea and on land.

This MoU is part of a larger collaboration initiative to explore carbon capture and storage opportunities in the maritime value chain. Led by MISC, the initiative also involves partnerships with Mitsui & Co. and Samsung Heavy Industries.

MISC from Malaysia is a global leader in delivering energy-related maritime solutions and services, with more than 50 years of experience in the maritime industry. They operate a fleet of over 100 owned and chartered-in vessels. MISC is listed on the Main Board of Bursa Malaysia.

ANDRITZ
MISC


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