According to a company press release, the CCU plant will be built at the Tenaris plant in Dalmine, northern Italy. The agreement amongst the companies is structured in phases, the first being a feasibility study.

The project covers the capture of 30 tons of CO₂ per day which is produced by the thermoelectric power plant installed at the TenarisDalmine plant, the company said. The same CO₂, captured by Saipem CO₂  Solutions proprietary technology, will then be used by SIAD “in the food and beverage industry, for crops, in water treatment, in metal processing and as a refrigerant gas with a reduced environmental impact.”

“This project is part of Tenaris's goal to reduce by 30% its CO₂ emissions by 2030,” said president of Tenaris Europe and chief executive officer of TenarisDalmine Michele Della Briotta. “In Italy we are actively working toward this goal through investments and projects to reduce air pollution, to promote energy efficiency and to reduce raw material consumption as well as to increase the content of recycled material in our products, along with the valorization and reuse of our byproducts.”

Read the full press release here.