Woodside Energy and Cemex have invested US$6.7m in Melbourne-based KC8 Capture Technologies to support its efforts in achieving net zero emissions via carbon capture and storage.
KC8 is partnering with Cement Australia to construct a commercial demonstration plant in Gladstone, Queensland, aiming to capture 15t/day of CO₂. A partnership with Cemex aims to capture over 100t/day of CO₂ at one of its major plants. Additionally, KC8 plans a commercial pilot at the US Department of Energy’s National Carbon Capture Centre to capture 10-15t/day of CO₂ from natural gas combustion flue gas. The initiative has also secured US$6m from Low Emission Technology Australia and US$11.26m from the US government.
Executive director Greg Ross said “The funds will be used to expand KC8’s team and expedite deployment of its technology into hard-to-abate industries, such as cement – through a number of key projects.”