Shareholder's Guide 2022

You are working with Air Liquide to implement Kairos@C, a carbon capture and storage (CCS) system in the port of Antwerp, Belgium. Can you tell us more?

We are planning to develop the world’s largest cross-border CCS value chain. Air Liquide will use its Cryocap^™ technology to capture and purify the CO₂ and BASF will apply its Sorbead^® solution for drying the CO₂, which will then be transported via pipelines on both banks of the Scheldt River to a liquefaction terminal. This will lead to an estimated 14.2 million metric tons of CO₂ emissions avoided over the first ten years of Kairos@C’s operation.

That sounds like a major milestone on the route towards low-carbon industry.

It certainly is! Kairos@C is the first complete value chain of its kind that allows large-scale CO₂ sequestration. Thanks to this partnership, we are able to create a large-scale structure, launch the value chain process and attract other industrial players.

How are Air Liquide and BASF working together to make this happen?

Air Liquide is contributing gas capturing and liquefaction technology expertise that is central to the process, and BASF is bringing in knowledge, experience and contacts. We have been working together in Antwerp since the 1960s. Each of us concentrates on its own strengths, which feeds the growth of complementary expertise and a mutually beneficial relationship.