Vallourec, a world leader in premium tubular solutions for the energy industry, and Evonik Industries AG, a leading specialty chemical company, have recently signed a Memorandum of Understanding (MoU) for the development of tubular solutions for Carbon Capture, Utilization and Storage (CCUS).
As part of the collaboration, the companies will work to develop an innovative, corrosion-resistant CO2 transportation technology for the CCUS industry and thereby address one of the key challenges of CO2 transportation and storage.
The MOU will allow Vallourec to develop a lining technology for its seamless tubes and state-of-the-art VAM® connections using Evonik’s wide portfolio of high-performance polymers.
This furthers Vallourec and Evonik’s collaboration, which has been ongoing since 2020. The companies will continue to combine their expertise on metallic and non-metallic material technologies to develop hybrid solutions to reduce costs and increase the reliability of CCUS infrastructure.
Ulrika Wising, Vallourec’s senior vice president energy transition, said: “We are very excited to sign this MoU with Evonik. We look forward to leveraging both companies’ expertise and facilitating the reliable and cost-effective development of CCUS infrastructure. Vallourec’s decades of experience in providing solutions for highly challenging energy applications makes it a clear supplier of choice for CCUS.”
Jasmin Berger, global director industrial & energy at Evonik added: “Energy Transition Infrastructure needs to be safe, cost-efficient, and ready for installation quickly. We cannot afford to wait.”
For more information visit www.vallourec.com