Ionada Completes Feasibility Study Project for Onboard Carbon Capture of Major Oil Company

Toronto, Ontario (May 16, 2024)

Ionada and a leading oil company are proud to announce their collaboration on an innovative feasibility study project for onboard carbon capture on LNG carriers. This partnership aims to explore the potential of Ionada’s patented modular membrane contactor carbon capture system to revolutionize carbon emissions reduction in the marine and energy industries.

Ionada, a leading carbon capture technology company, has developed a groundbreaking modular membrane contactor system specifically designed for small to mid-size carbon emitters. Their technology has garnered significant attention in the environmental sector for its ability to significantly reduce CO2 emissions from various sources, paving the way for a more sustainable future.

Key highlights of Ionada’s carbon capture technology include:

  1. Space and Power Efficiency: Ionada’s unique carbon capture system requires as little as 50% of the space and 30% of the power when compared to conventional marine carbon capture solutions. This exceptional efficiency makes it a cost-effective and viable option for implementation on LNG carriers.
  2. Economical Solution: The reduced space and power requirements directly translate into substantial cost savings, making Ionada’s technology a highly competitive and economical solution for the marine and energy industries seeking effective CO2 reduction strategies.

 

The collaboration focused on a comprehensive feasibility study to assess the integration of Ionada’s carbon capture system onto LNG carriers. It gathered critical information, demonstrating greater than 20% carbon capture. However, the carbon capture capacity is limited by CO2 storage onboard, space constraints, and off-take facility availability. As additional off-take facilities come online, the capacity can be increased. The study encompassed various parameters, including technical feasibility, economic viability, and environmental impact, to revolutionize the maritime sector’s carbon emissions reduction efforts.

“We are thrilled to partner on this landmark feasibility study project,” said Robert Clark, Project Manager of Ionada. “The combination of Ionada’s cutting-edge carbon capture technology and our partner’s expertise in the maritime industry holds the potential to transform how we approach carbon emissions reduction on LNG carriers.”

As a prominent player in the global shipping industry, our partner is committed to adopting sustainable practices and reducing its carbon footprint. The collaboration with Ionada aligns perfectly with their vision to lead the maritime sector toward a greener and more sustainable future. The Ionada and LNG carrier feasibility study project represents a significant step forward in the quest for eco-friendly, energy-efficient carbon capture solutions.

For more information about the study, please reach out to one of our technical representatives.

Russell Maduro (Europe) 

E-mail: russell.maduro@ionada.com

Phone: +49 40 6755 5150 ext 450

 

Robert Clarke (North America)

E-mail: robert.clarke@ionada.com

Phone: +1 647 546 1330

 

Aura Balboa (Asia)

E-mail: aura.balboa@ionada.com

Phone: +1 (647) 989-2872

 

For media inquiries or further information, please contact:

Michael Owen Lombos

E-mail: michael.owen.lombos@ionada.com

Phone: +1 888 561 7870 ext 600

 

About Ionada

Ionada is a global climate technology company committed to reducing greenhouse gas emissions and creating a sustainable future. The company develops innovative post-combustion carbon capture systems to capture CO2 emissions from various industrial processes in oil & gas, thermal power generation, waste-to-energy, hydrogen, steel, cement, and maritime industries.

The highly skilled team of scientists, engineers, and technicians at Ionada have developed breakthrough technology to reduce carbon emissions. They are dedicated to developing and manufacturing cutting-edge solutions that enable their clients to reduce their environmental impact while providing financial benefits.

Ionada is passionate about driving disruptive sustainability by delivering innovative solutions that help keep the air and water clean for future generations. The company aims to provide emission abatement technology that reduces emissions and delivers economic value to its clients.

For more information about Ionada’s sustainable solutions, visit ionada.com or e-mail info@ionada.com.