Gulf Cryo has opened its largest Kuwait-based Carbon Dioxide (CO2) production plant in cooperation with Equate Petrochemical Company, Kuwait’s first international petrochemical joint-venture.
Located in Shuaiba Industrial Area, the plant will take CO2 from Equate’s industrial complex, and convert it to CO2 for commercial use.
This plant represents a significant investment and commitment towards environmental consciousness from both Equate and Gulf Cryo, as the plant will take CO2 and convert it to a reusable resource.
The plant is capable of producing 280 tonnes per day of liquid CO2, and an estimated 110,000 tonnes of CO2 emission will be saved each year.
“We are seeing a fundamental change in how the CO2 market operates, with a conscious effort across the industrial sector to lower carbon emissions,” Naji Skaf, CEO, GulfCryo, said.
“Increasingly, companies are moving away from using CO2 from fossil fuel, towards more environmentally-friendly CO2 produced from capturing off-gas that would otherwise go into the atmosphere.”
The Gulf Cryo plant, set-up in the Shuaiba Industrial Area of Kuwait, has a pipeline directly to Equate’s plants.
