ANDRITZ and MISC join forces to explore carbon capture and storage opportunities in the maritime value chain

ANDRITZ and MISC join forces to explore carbon capture and storage opportunities in the maritime value chain

(IN BRIEF) International technology group ANDRITZ has entered into a strategic partnership with MISC to develop carbon capture equipment for the maritime industry. The partnership aims to develop and promote 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 is part of a larger collaboration initiative led by MISC, which also involves partnerships with Mitsui & Co and Samsung Heavy Industries, to explore carbon capture and storage opportunities in the maritime value chain.

(PRESS RELEASE) GRAZ, 24-Jan-2023 — /EuropaWire/ — International technology group ANDRITZ has announced a strategic partnership with MISC to develop carbon capture equipment for the maritime industry. The Memorandum of Understanding (MoU) was signed in an official ceremony on January 18, 2023.

“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.

As part of ANDRITZ’s wider portfolio, the company 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.

The 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.

“At ANDRITZ, we are constantly striving to expand our portfolio of solutions that help to protect the environment and combat climate change. We are happy and proud to be part of MISC’s initiative in developing and offering solutions for carbon capture in the maritime industry,” says Harald Reissner, Senior Vice President, ANDRITZ Air Pollution Control.

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 and is listed on the Main Board of Bursa Malaysia.

About ANDRITZ:
ANDRITZ is an international technology group that provides plants, systems, equipment, and services for various industries. The company is one of the technology and market leaders in the environmental sector and supplies environmental technologies for the maritime industry.

About MISC:
MISC 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 and is listed on the Main Board of Bursa Malaysia.

Media contacts:
ANDRITZ:

Susan Trast
HEAD OF CORPORATE COMMUNICATIONS & MARKETING
susan.trast@andritz.com

MISC:

Shanni Muthiah
Head, Group Corp. Communications
Group Corporate Communications
MISC Berhad
Tel : +603-2275 2224
Email : shanni.muthiah@miscbhd.com

Note to editors:

For more information, news, and perspectives from ANDRITZ, please visit the Newsroom at https://www.andritz.com/news

For more information, news, and perspectives from MISC, please visit the Newsroom at https://www.misc.com.my/media-centre/

SOURCE: ANDRITZ