IHS Chemical Week

DOE Allocates Carbon Capture Funds to Air Products, Praxair

11:50 AM MDT | September 13, 2010 | Vincent Valk

Projects by Air Products and Praxair are among 22 carbon capture and storage (CCS) projects to receive funding from the U.S. Department of Energy (DOE; Washington) as part of an industrial carbon capture initiative. The 22 projects will receive a total of $575 million in U.S. government funding. The funds were awarded to a variety of companies, universities and research groups. Air Products is allotted $71.7 million, the second-largest award. The money will go toward accelerating the manufacture of ion transport membrane (ITM) modules that could produce oxygen...

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