Essar Oil UK selects Mitsubishi as technology licensor for carbon capture

Essar had announced the proposed construction of the EET Industrial Carbon Capture plant at the Stanlow Refinery in November 2022. Essar Oil UK, owned by Shashi and Ravi Ruia, said it was in talks with the British government on deferring VAT payments.

Essar Oil UK Limited (EOUK) said it has selected Mitsubishi Heavy Industries Ltd as technology provider for the development of the required basic engineering design package for its new EET Industrial Carbon Capture facility based at Stanlow, UK.

This is a leading use of carbon capture technology, associated with a fluid catalytic cracker within refineries globally.

Essar had announced the proposed construction of the EET Industrial Carbon Capture plant at the Stanlow Refinery in November 2022.

Participating in the Cluster Sequencing Track One Expansion process, the company plans for the facility to be operational in 2028, eliminating an estimated 860,000 tons of carbon dioxide per year – the equivalent of taking 400,000 cars off the road, or more than 40 per cent of all emissions in Stanlow.

The plant is a key part of Essar’s overall decarbonisation strategy, and central to its aim to meet its objective of becoming the UK’s first low carbon refinery.

The company is investing $1.2 billion over the next five years to lower emissions through decarbonising its production processes.

The selection of MHI follows the completion of the pre-FEED phase for EET Industrial Carbon Capture which was delivered by Kent plc earlier this year. Currently being tendered, the FEED phase of the project will begin in Q4 2023.