Month: September 2022

Sinopec China Launches Carbon Dioxide Capture

China Petrochemical Corp, or Sinopec, has launched a dedicated unit to engage in carbon dioxide capture and storage as well as equity investments in carbon-related assets, the company said. The new company, Sinopec Carbon Industry Technology Co. Ltd., has registered capital of 2.5 billion yuan ($352.06 million) with Sinopec Corp holding a 46 percent stake …

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