A Texas company on Tuesday will open a carbon capture and utilization facility that will capture up to 90 percent of CO2 emissions at an existing cement plant and turn them into usable products like baking soda, bleach and hydrochloric acid.
Skyonic’s Capitol SkyMine is a first-of-its-kind project, the company says, and will have a total carbon impact of 300,000 tons annually, through the direct capture and transformation of 75,000 tons of CO2.
Using Skyonic’s SkyMine technology, the facility at Capitol Aggregates’ cement plant in San Antonio is expected to generate about $48 million in revenue and $28 million in annual earnings from greenhouse gas emissions that otherwise would be released into the air.
The technology can be used at industrial facilities and fossil-fuel-fired power plants.
New coal-fired power plants will have to use carbon capture technology to comply with the EPA’s proposed carbon pollution limits for new power plants, issued last year.
Instead of sequestering captured carbon and injecting it into the ground, Skyonic’s technology allows stationary emitters to meet emissions requirements, replace scrubbing technologies and make money by converting GHGs into industrial products, the company says.