Beijins-ExxonMobil,Shell,CNOOC and the Guangdong Provincial Development Reform Commission have signed a memorandum of understanding(MoU)to jointly study a possible world-scale carbon capture and storage(CCS)project at the Dayawan Petrochemical Industrial Park in Chfflhe proposed project could capture up to 10-million t/y of carbon dioxide,supporting China's ambition of carbon neutrality by 2060.It could also serve as a model for the chemical industry as one of the first petrochemical projects to be decarbonized,the companies noted.
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