Shell invests in Value Group for viable hybrid CO2 capture

Value Group, a pioneer of scrubbers and latterly carbon capture tech, has welcomed Shell Ventures as its newest investor. Shell Ventures is the corporate venture capital arm of energy giant Shell.

Value Maritime is the developer and installer of Filtree, one of the first commercially viable hybrid CO2 capture and exhaust gas cleaning systems, which shipowners and operators can lease to help them lower their emissions.

With Shell Ventures’ support, Value Group said it aims to accelerate its strategy throughout the maritime value chain, including the expansion of CO2 offtake and monetisation of opportunities globally.