Korea and Vietnam have been conducting joint research and human resources exchange at the government level in the relevant field since 2018. Through the MOU, active cooperations have been pledged with Vietnamese state corporations having power plants and mines, aiming at CMFBG's technology transfer and local commercialization.
The carbon mineral project is a pan-ministry project jointly launched by MOTIE and MOE and organized by MSIT. In the project, various R&D and commercialization activities are promoted for carbon emissions reduction and recovery of resources from industrial wastes using carbon mineralization technology.
The carbon mineralization technology involves making the cinder generated from power plants and waste concrete generated in the construction processes react with the captured carbon and storing and utilizing them. DL E&C and CARBONCO secured a source technology to produce eco-friendly aggregate and construction materials using the technology. Through this, carbon emissions reduction and cost savings can be realized. The technology was approved and declared at the UNFCCC through the development of new greenhouse gas emissions reduction methodology (CDM: carbon development mechanism); therefore, overseas business expansion is expected by securing comparative advantage of the technology.
"We are focusing on the advancement of CCUS technology, which is a key technology to solving climate change problems. We will vigorously support the greenhouse gas emissions reduction business by spearheading carbon emissions reduction solution supply along with Vietnamese state corporations and CMFBG," DL E&C Plant Biz Division Director Yu Jae-ho explained.
CARBON Business Development Office Manager Yu Jae-hyung revealed their plans of expanding the decarbonization business actively, including carbon utilization technology, in the global market beyond Vietnam through the cooperation.
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DL Holdings Co. Ltd. published this content on 09 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2023 09:11:11 UTC.