Vallourec Forms Partnership with Syngular Solutions for Carbon Capture in Brazil
Vallourec, a global leader in tubular solutions, signed a memorandum of understanding with Syngular Solutions, a Brazilian company specializing in energy engineering, on Friday. This partnership aims to develop bioenergy projects with carbon capture and storage (BECCS) in Brazil.
A Focus on BECCS in Brazil
The memorandum of understanding establishes a framework for collaboration to develop initiatives for the geological capture and storage of carbon. The BECCS technology captures carbon dioxide emitted by biomass-powered energy systems and permanently stores it in geological formations, including depleted oil and gas reservoirs or deep saline aquifers. This approach achieves net negative emissions in the atmosphere. Syngular Solutions is actively collaborating with the Brazilian ethanol industry to demonstrate the potential of geological reservoirs in CO₂ storage, a sector with significant decarbonization potential in Brazil.
Vallourec's Early Engagement with Its Clients
The partnership allows Vallourec to engage with its end customers from the early stages of project development and to share its technical expertise very early on. This collaboration is part of Vallourec's global strategy to form partnerships with leading experts in the new energy sector. Bertrand de Rotalier, Senior Vice President New Energies at Vallourec, stated: 'This agreement with Syngular Solutions reflects our commitment to positioning Vallourec at the forefront of CCUS development. By engaging very early with a recognized expert in BECCS projects, we are laying the groundwork for a significant contribution to the development of carbon storage infrastructure and a more sustainable energy future.'
The Favorable Brazilian Context
André Lacerda, Senior Vice President of South America for Tubes Activities at Vallourec, emphasized that Brazil offers an environment particularly conducive to the development of BECCS projects due to the scale of its ethanol industry and the presence of geological formations suitable for CO₂ storage.