This strategically significant order strengthens Svanehøj’s position in carbon capture and storage (CCS).
The INEOS-led Project Greensand will become the EU’s first full-scale CO2 storage facility, contributing to climate change mitigation. Following a successful trial, storage operations are set to begin by late 2025 or early 2026.
INEOS recently entered a long-term agreement with maritime logistics company Royal Wagenborg to construct and deploy the first dedicated LCO2 carrier for the Greensand project. Now, INEOS has selected Svanehøj as the supplier of CO2 cargo pumps for the new vessel. Svanehøj will also deliver CO2 pumps for the project’s onshore facility in Port Esbjerg.
"We have worked closely with INEOS’s development team over the past year to specify customized pump solutions for both the onshore terminal and the vessel. It has been a rewarding process, allowing us to leverage our extensive expertise in CO2 and contribute to an optimized design regarding flow and pressure," said Magnus Madsen, sales manager, Cargo Gas, at Svanehøj.
Svanehøj has identified CCS among its future key growth segments.