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China Launches First 10-million-ton CCUS Project to Probe into Decarbonization Solutions for Industrial Enterprises in East China

/PRNewswire/ China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has signed a non-binding MoU with Shell, China Baowu and BASF to launch the first.

SINOPEC: China Launches First 10-million-ton CCUS Project to Probe into Decarbonization Solutions for Industrial Enterprises in East China

China Launches First 10-million-ton CCUS Project to Probe into Decarbonization Solutions for Industrial Enterprises in East China

Sinopec, Shell, China Baowu and BASF will explore open-source CCUS development to achieve carbon goals SHANGHAI, Nov. 4, 2022 /PRNewswire/ China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has signed a non-binding MoU with Shell, China Baowu and BASF to launch the first 10-million-ton carbon capture, utilization and storage (CCUS) project in East China. The open-source project.

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