Koch Engineered Solutions (KES) has entered into a definitive strategic partnership agreement with ION Clean Energy (ION), a developer of effective and economic carbon dioxide (CO2) capture technology.
This partnership is focused on optimising plant design in a variety of industries, coupling ION's technology with subject matter experts within the companies that make up KES, including Koch-Glitsch, Optimized Process Designs, and Koch Specialty Plant Services.
"With our advantaged capabilities and ION's cutting-edge technology, we have a comprehensive package for industrial end users that can make CO2 capture a more energy-efficient and cost-effective option," said Ben Gurtler, Commercial Director of carbon capture, KES. "This is a win-win partnership, not only for KES and ION but also for our customers."
ION is commercializing its proprietary liquid absorbent process and enabling technologies for use by large point sources, including natural gas and coal-fired power plants, as well as other industrial CO2 emitters such as hydrogen, cement, petrochemical, steel, and mining operations. Its solvent-based capture technology for post-combustion utility and industrial source applications helps reduce CAPEX and OPEX, while capturing at least 95% of CO2 from stack emissions and flue gases.
Most recently, ION has been the technology of choice for US Department of Energy-funded commercial Front-End Engineering Design (FEED) studies for CO2 capture systems at Tampa Electric Company's Polk Power Station and Calpine's Delta Energy Center. ION has also tested and proved its performance at the National Carbon Capture Center in Alabama and the CO2 Technology Centre Mongstad in Norway, the world's largest and most advanced CO2 capture test facility.
"This is a big next step. KES is bringing real solutions and scale to the table, and we are excited for our collaboration with them," said ION CEO Buz Brown. "We look forward to a mutually beneficial long-term relationship that helps both our companies and the customers we serve, delivering commercial-ready solutions that expand carbon capture technologies in industries throughout the world."