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Bullboard - Stock Discussion Forum FormerXBC Inc XEBEQ

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification,... see more

GREY:XEBEQ - Post Discussion

FormerXBC Inc > South Korea's SK E&S invests in world's largest CCS project
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Post by ZouZS3 on May 20, 2022 10:43am

South Korea's SK E&S invests in world's largest CCS project

South Korea's power utility and city gas provider SK E&S has decided to invest $110 million in the world's largest carbon capture and storage, or CCS, project in the US as part of its push for renewable energy business, the company said May 10. With the investment, SK E&S will acquire a 10% stake in Summit Carbon Solutions, an Iowa-based biofuel and renewable energy company, which is leading the CCS project joined by some other American energy firms, the company said in a press release. https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/energy-transition/051022-south-koreas-sk-e-s-invests-in-worlds-largest-ccs-project-in-us
Comment by ZouZS3 on May 20, 2022 10:44am
SK E&S will acquire a 10% stake in Summit Carbon Solutions, an Iowa-based biofuel and renewable energy company, which is leading the CCS project joined by some other American energy firms, the company said in a press release.
Comment by EndGame11 on May 20, 2022 10:58am
Thanks for sharing Zou! You're on fire lately
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