KUALA LUMPUR: Malaysia Steel Works (KL) Bhd
(Masteel) has signed a memorandum of understanding with Ace Gases Marketing Sdn Bhd and Universiti Tunku Abdul Rahman (Utar) to deploy innovative carbon capture, utilisation and storage (CCUS) technologies to embed new green innovations into Masteel’s ultra-low carbon steel production facility.
Ace Gases is a wholly-owned subsidiary of Kelington Group Bhd.
According to Masteel, the parties will jointly conduct a feasibility study to identify optimal carbon dioxide (CO2) capture technologies for steel manufacturing, and explore utilisation or storage options for captured CO2.
The study will enable Masteel to further minimise its carbon footprint and meet industry demand for sustainable steel.
The study will focus on optimising Masteel’s energy use and operational efficiency, while exploring opportunities to monetise captured CO2.
Utar will bring academic research and analytical capabilities on carbon utilisation from the CO2 capture at site.
