HomeIndices AnalysisCCS Challenge Solved: Pace CCS, Foxconn, and TEWE Join Forces in Groundbreaking Collaboration

CCS Challenge Solved: Pace CCS, Foxconn, and TEWE Join Forces in Groundbreaking Collaboration

Pace CCS, a leading company in carbon capture and storage (CCS) design, has announced a groundbreaking collaboration with Foxconn, a renowned technology manufacturer, and TEWE (Taiwan East West Enterprises (CHEMA) Ltd.), a trusted sales and service provider to Taiwan’s industrial sector. The three industry leaders have joined forces to develop an innovative chemical injection unit that aims to revolutionize CCS by eliminating corrosive impurities, reducing costs, and accelerating global deployment.

The new solution targets impurities that can cause corrosion in CCS infrastructure, such as water, sulfuric acid, and nitric acid. By removing these impurities, the collaboration hopes to relax stringent specifications for CCS networks, making them more cost-effective and efficient.

“This is the solution the CCS industry has been waiting for,” said Matthew Healey, Managing Director of Pace CCS. “By transforming a major technical challenge into a simple operational expense, we are not only making CCS more viable but also accelerating its deployment globally. This is exactly what the industry needs.”

CCS is recognized as a critical technology in the fight against climate change, as it allows industries to capture CO2 emissions and store them safely underground. However, the issue of corrosion has been a major barrier to its widespread adoption.

The new chemical injection unit leverages Foxconn’s expertise in precision manufacturing and semiconductor supply chains, combined with Pace CCS’s deep knowledge of CCS design and TEWE’s nearly 70 years of experience in industrial sales and service. This unique collaboration brings together technical knowledge from the semi-conductor industry and applies it to CCS, delivering a solution that is highly effective and scalable.

The solution has broad applicability for CCS industrial hubs set to launch across Europe, Asia, Australasia, and North America this decade. By addressing the corrosion issue, the collaboration aims to make CCS more accessible and affordable, helping industries worldwide meet their decarbonization goals.

“We are proud to contribute our supply chain and expertise to the energy transition and carbon reduction,” said Ron R. T. Horng, Chief Environment Officer of Hon Hai Foxconn and Chairman of Green Facility Committee in Semi®, China. “This collaboration is a testament to how cross-industry partnerships can develop leading-edge technology and drive meaningful progress in the fight against climate change.”

TEWE, with its long-standing reputation for reliability and service, will play a key role in ensuring the solution meets the needs of industrial clients. “For almost 70 years, TEWE has been committed to supporting Taiwan’s industrial growth, and this collaboration allows us to contribute to a global solution that will benefit industries far beyond our borders,” said Nancy Chen, General Manager of TEWE.

The partnership between Pace CCS, Foxconn, and TEWE represents a long-term commitment to innovation and sustainability. By combining their respective strengths, the three companies are poised to set a new standard for CCS technology, paving the way for a cleaner, more sustainable future.

For media inquiries, please contact:

Mark Ames

Pace CCS, Business Delivery Director

mark@paceccs.com

+44 7714 137309

About Pace CCS

Pace CCS is the global leader in carbon capture and storage design, providing innovative solutions to help industries reduce their carbon footprint and meet climate goals. The company is headquartered in London, UK.

About Foxconn

Foxconn is a world-leading technology manufacturer, renowned for its precision engineering and supply chain expertise.

About TEWE

Taiwan East West Enterprises (TEWE) has been a trusted sales and service provider to Taiwan’s industrial sector for almost 70 years, delivering reliable solutions to meet the evolving needs of its clients.

This article was distributed by https://pressat.co.uk/.

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