Alstom Power Inc. and The Dow Chemical Co. have announced a joint development (JDA) and commercialization agreement for advanced amine scrubbing technology for the removal of CO2from low-pressure flue gases particular to fossil fuel-fired power plants and other major industries. The agreement between Alstom and Dow is worldwide and exclusive for the application of this specific technology.
Because of the recognition of CO2as a contributor to global warming, development of this technology will be an important step toward carbon emission reduction by the power industry.
Under the agreement, Alstom will commercialize and manage the installation of the carbon capture solution using the developed process. Dow, as a global gas-treating technology leader, will support Alstom by leveraging its technical capabilities to co-develop an optimized capture system.
For more information, visitwww.dow.com.
ALSTOM AND DOW CHEMICAL CO. SIGN JOINT DEVELOPMENT AND COMMERCIALIZATION AGREEMENT
February 14, 2008