CO2CRC has established a wholly-owned subsidiary company, CO2Tech.
CO2Tech will have access to the Otway International Test Centre (OITC) and CO2CRC’s expertise via commercial agreements.
“We have established CO2Tech to meet the growing customer need for multi-disciplinary technical consultation, advisory and project management services across the whole CCUS value chain.”David Byers chief executive CO2CRC.
“CO2Tech will allow CO2CRC to offer our industry partners and customers, tailored solutions while preserving commercial confidentiality.
“CO2Tech will be pleased to work with industry customers to help them achieve their emissions reductions goals by applying individualized technologies and techniques that result in lower costs for capturing, storing or utilizing CO2.
“CO2CRC will continue to partner with world leading researchers, international industry and Australian Federal and State Governments on its traditional collaborative research model to advance the deployment of CCUS. This includes contributing to the achievement of the Australian Federal Government’s long-term stretch goal for CCS ($20 per tonne for CO2 compression, transport and storage).”David Byers, chief executive CO2CRC.