Total Solution Provider for Carbon Neutrality

CARBONCO
Vision
CCUS Business Total Solution Provider
Global Warming
The IPCC warned that 1.5°C and more increase in global temperature compared to pre-industrialization poses a significant threat to the ecosystem and human life on Earth.
※ IPCC: Intergovernmental Panel on Climate Change
Net Zero Emission
Governments from across the globe adopted the Paris Climate Agreement in 2015, with the goal of reducing greenhouse gas emissions by at least 45 percent compared to 2010 by 2030 and achieving carbon neutrality (Net-Zero) by 2050.
In accordance with worldwide efforts to decrease environmental harm caused by global warming, the Republic of Korea government likewise announced an increase in the 2030 NDC.  Consequently, domestic enterprises' responsibility and related costs to minimize greenhouse gas emissions are expanding and accelerating. However, it is difficult for the majority of enterprises to look for alternatives to reduce carbon dioxide, a representative greenhouse gas, and they require the cooperation with a company that provides solutions to these ongoing global issues.
※ NDC : Nationally Determined Contribution
CARBONCO provides customers with effective and customized carbon reduction solutions according to Industrial feature and requirement.
We will provide CCUS business model that absorbs, utilizes, and stores carbon dioxide for clients, such as major power generation companies and hydrogen manufacturers, and together we will achieve carbon neutrality. We enhance our competitiveness through standardization and modularization of Carbon Capture Facility, as well as collaboration with domestic and international research institutes and global corporations, we will improve our technology and continuously expand our business areas to realize carbon reduction for our clients and accelerate the transition to a global carbon-neutral society.
Who we are
We are CARBONCO
providing various solutions from
carbon capture to utilization and storage for sustainable future
DL E&C has been developing the CCUS business and advanced technologies aiming for a net-zero target. In order to become a global top tier company in terms of CCUS, "CARBONCO" is newly established, along with DL E&C’s competence, experience, and CCUS technologies. Being as a CCUS total solution provider, we demonstrate a variety of dependable solutions to the clients who seek to achieve a carbon neutrality. We will do our best for a sustainable future by providing reliable solutions from carbon capture to utilization and storage.
Seoul (Danginri) thermal power plant
The First carbon capture pilot plant in KOREA (Post combustion)
Capture Capacity : 2 ton/day
EPC & Operating Advisor
Boryeong thermal power plant
KOREA
Capture Capacity : 2 ton/day
Basic Design Advisor
Boryeong thermal power plant
Expansion of demonstration scale (15,000+ hours of continual operation)
The First carbon capture commercial plant in KOREA
(Post combustion)

Capture Capacity : 200 ton/day
Basic Design
EPC & Operating Advisor
Strength

Based on diverse experiences and accumulated technology,

CARBONCO provides optimized carbon treatment solutions to clients
  • OPTIMIZATION
    CARBONCO offers clients with optimum designs and differentiated technologies based on a variety of accomplishments and experiences.
    At the moment, our design competency allows us to manage 3,000 tons per day (1 million tons per year).
  • STANDARDIZATION
    By determining market need, CARBONCO has standardized the CCUS Model. We suggest an optimal schedule utilizing a standardized database.
  • MODULARIZATION
    CARBONCO has modularized carbon capture facilities due to its technological competence and extensive CCUS expertise in the plant industry. Modularization enables thorough quality control and risk management.
  • SOLUTION
    CARBONCO offers ways to transform collected carbon into valuable compounds, such as liquid carbonic acid or carbon mineralization, for recycling or domestic and international storage.
Business
CARBONCO Provides reasonable business models and solutions from CCUS industry value chain
Carbon Capture
  • Fulfillment of a number of carbon capture projects
  • Ownership of the technology for large-scale commerical facilities
  • Consulting service on carbon reduction
    (Business feasibility study, profit model, etc.)
Utilization
  • Production Technology of liquid carbon dioxide
  • Technology for utilizing as building materials such as Calcium carbonate
  • Technology for the conversion into chemical and petrochemical products, etc.
Storage
  • Design, Construction and Operation of CO2 terminal
  • Promotion of partnerships with Oil and Gas Companies
  • Technology for large-scale transportation and subsea storage
Experience
Egypt Saudi Arabia Russia Oman India Republic of Korea Philippines Australia
CCUS Carbon Dioxide Removal Ammonia Hydrogen
Egypt
  • Middle East Oil Refinery, MIDOR Oil Refinery (1998)
Saudi Arabia
  • Saudi Butanol / Syngas (2016)
  • Ma’aden Ammonia 2 (2016)
  • Ma’aden Ammonia 3 (2022)
Oman
  • ORPIC SRIP (2017)
India
  • Indian Oil Corp. Mathura Refinery (2002)
Philippines
  • Petron RMP 2 (2016)
Australia
  • NeuRizer CCS Project Stage 1 FEED (2022)
Russia
  • Vysotsk LNG (2018)
  • Gazpromneft OMSK DCC (2021)
  • Gazpromneft AORC HCU (2024)
Republic of Korea
  • KEPRI Danginri CCS (2002)
  • KEPRI Boryeong CCS Basic Eng. (2010)
  • Hyundai Oil Bank HOU (2011)
  • KEPRI CCS 2014 Basic/FEED (2014)
  • Hyundai Chem. Co. HPC NCC FEED (2019)
  • Lotte BP CO FEED (2020)
  • SK E&S LNG CCPP Pilot Plant FEED (2022)
Contact

03181

21F, D Tower Donuimun, 134 Tongil-ro, Jongno-gu, Seoul

TEL
(82) 02.2096.6000
2022.08.19
DL E&C to Advance to Global Market Using Korea-Developed CCUS Technologies
DL E&C signed an MOU with KEPCO KEPRI to establish a mutual exchange of technology and collaboration system. It will actively choose carbon capture technologies developed in Korea when advancing to overseas CCUS markets.
SEOUL, South Korea, August 22, 2022 (BUSINESS WIRE)--DL E&C Co., Ltd (KRX: 375500), a leading EPC company in South Korea, will advance to the global carbon capture, utilization, and storage (CCUS) market in collaboration with KEPCO Korea Electric Power Research Institute (KEPRI), taking advantage of carbon capture technologies developed in Korea. DL E&C concluded on August 19, 2022, with KEPRI a memorandum of understanding (MOU) for comprehensive cooperation on ‘KEPCO CO2 Solvent (KoSol) and DL CCUS Overseas Business’ at its office in D-Tower Donuimun building in Seoul. Under the MOU, the two parties will cooperate on the mutual exchange of technologies in order to enter overseas CCUS markets, and DL E&C intends to adopt KEPRI’s carbon capture technology when expanding its business into overseas markets. Building on outstanding technological competitiveness and experiences in CCUS-related business, DL E&C will provide customized solutions to customers that will enable them to achieve carbon neutrality and the ESG vision. DL E&C intends to support KEPRI’s unique technology to be adopted by overseas companies while cooperating for the advancement of technologies. Through this cooperation, the company will demonstrate the excellence of Korea’s CCUS technologies in the global market and establish a foothold as a technological power in carbon neutrality. KEPRI owns the technology for selectively absorbing and separating carbon being generated in large volumes when fossil fuel combusts. This technology, called KoSol, has been evaluated to be the closest to commercialization among carbon capture technologies in Korea as it is reliable and economically feasible. DL E&C is expanding the CCUS market from Korea to other countries. The EPC company signed a preferential contract agreement with NeuRizer, an eco-friendly fertilizer manufacturer in Australia, in March this year to provide a conceptual and basic design for constructing CCUS facilities. The company aims to achieve orders of KRW 1 trillion (USD 750 million) in accumulation over three years between 2022 and 2024 in CCUS-related business alone by expanding overseas business, starting with Australia. Further, it intends to gain orders of KRW1 trillion annually between 2025 and 2027 by augmenting its presence in the global market and then increase the amount of orders to KRW 2 trillion (USD 1.5 billion) annually after 2030. "KEPRI holds world-class carbon capture technologies, and DL E&C also has the experience of commercializing the Korea-first carbon capture plant and world-level carbon capture plant design capabilities," said Jae-ho Yoo, Executive Director for Plant Business at DL E&C. "We plan to actively publicize Korea’s CCUS technologies to overseas ordering organizations and maximize mutual synergy effects by striving to help overseas organizations adopt these technologies."
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2022.03.30
NeuRizer engages DL E&C Co to complete FEED for carbon capture and storage facility
NeuRizer plans to construct a carbon capture and storage facility at its urea project in South Australia as part of its strategy for the project to be carbon neutral
Formerly Leigh Creek Energy, emerging urea producer NeuRizer (ASX: NRZ) has secured master engineering company DL E&C Co Ltd to undertake the front-end engineering and design (FEED) for a carbon capture and storage (CCS) facility at its namesake South Australian project. DL is already progressing the NeuRizer urea project’s bankable feasibility study. As part of its engineering work, DL provides CCS solutions for numerous applications including refining, petrochemical, oil and gas and power plants.

Carbon negative Of note in the CCS field, DL has completed a FEED study for a supersized 3,000tpa carbon capture plant. The engineering company has also demonstrated what NeuRizer describes as a “a world first achievement” in delivering carbon negativity for a project in South Korea. The South Korean project involved removing more carbon dioxide from the atmosphere than produced. It did this by combining bioenergy with carbon capture and utilisation (BECCU) and its is currently performing successfully with more than 15,000 hours of continuous operation without any unplanned outage. NeuRizer managing director Phil Stavely said DL was chosen because of its “industry leading, proven and tested, CCS solutions.” “DL’s technology has been successfully integrated into South Korean commercial facilities – well ahead of any other competitor.”

First in Australia Mr Stavely said DL’s CCS solution at the NeuRizer project will make it the first in Australia. “This aligns with our ongoing commitment to being at the forefront of technological solutions that further agricultural output without the unnecessary impact to our surrounding environment.” The CCS facility will be constructed under stage one for the urea project. Meanwhile, DL’s work on the bankable feasibility study for the project has “made substantial progress”. NeuRizer expects to make a final investment decision once the study has been completed in the December quarter. The company says its namesake project is of “national significance” to Australia. NeuRizer aims to deliver a low-cost, high-quality nitrogen-based fertiliser for local and export markets. The project is expected to produce 1 million tonnes a year of urea, with the potential to increase output to 2Mtpa.
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2022.03.03
DL E&C to Develop Global CCUS Business Models
The company signed MOU with the Carbon Mineralization Flagship Center in Korea Institute of Geoscience and Mineral Resources. It will expand its business to the global CCUS market by commercializing of carbon mineralizing technologies recognized by the United Nations.
Business Wire SEOUL, South Korea -- March 10, 2022 DL E&C (KRX:375500), a leading company specializing in EPC in South Korea, expands business to the area of utilizing carbon. DL E&C announced today that it signed a memorandum of understanding (MOU) with the Carbon Mineralization Flagship Center in Korea Institute of Geoscience and Mineral Resources (KIGAM) on March 3, 2022 for establishing a partnership for global commercializing of carbon mineralizing technologies.

The agreement was signed at the DL E&C's headquarters in the presence of JiWhan Ahn, Director of Carbon Mineralization Flagship Center in KIGAM and Jason Jaehyung Yoo, Vice President for Head of CCUS Office at DL E&C. Under the agreement, both organizations aim to develop new business models by commercializing research and development (R&D) outcomes in carbon capture, utilization and storage (CCUS). These partners will start in March this year to build a demonstration plant for commercializing original technologies for mineralizing carbon. They will draw methods of commercially utilizing carbon and ash from coal-fired power plants as eco-friendly aggregates and construction materials. Using these methodologies, they will develop new businesses in Korea and other countries that heavily rely on coal-fired power generation such as Vietnam. “Building on our technologies and experiences recognized in construction of carbon capture plants, we will establish our leading position as a total solution provider in CCUS by expanding business to areas of utilizing and storing carbon,” said Jason Jaehyung Yoo, Vice President for Head of CCUS Office at DL E&C. CCUS-related businesses have recently drawn strong interest across the world. This is because CCUS technologies are essential for achieving carbon neutrality. The UN Intergovernmental Panel on Climate Change warned earlier that no one can achieve the target of reducing carbon emission set by the Paris Agreement without CCUS technologies. Since last year, DL E&C is concentrating capabilities on CCUS-related businesses to implement ESG (environment, society and governance) management and develop new growth engines. The company rapidly takes an advantageous position in CCUS market by promoting related businesses with Hyundai Oilbank, Seohae Green Energy and Seohae Green Environment. The Carbon Mineralization Flagship Project is an initiative of the Korean government for recovering resources from carbon to reduce greenhouse gas launched by the Ministry of Science and ICT jointly with the Ministry of Trade, Industry and Energy and Ministry of Environment. The Carbon Mineralization Flagship Center carries out a variety of R&D activities for reducing carbon and recovering resources from industrial wastes by using carbon mineralization technologies that store carbon by making captured carbon react with ash emitted from coal-fired power plants or waste concrete produced in the course of redevelopment or reconstruction of buildings. Notably, the carbon-reducing special cement developed by the Center is recognized as a world-class technology as it was approved by the United Nations Framework Convention on Climate Change (UNFCCC) for the first time as a new methodology for reducing greenhouse gas. And this technology was selected as one of the ‘best 10 technologies for addressing climate change’ sponsored by the Ministry of Science and ICT in 2021. The international recognition of the original technology developed by the Center as the one for reducing greenhouse gas contributed to building a foundation for exporting technologies.
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