Yara (OSE: YAR) International said its Yara Sluiskil facility in the Netherlands was inaugurated on Sept. 7 as part of a cross-border system to capture, ship and permanently store carbon dioxide from ammonia production. Independent verification of the company’s claims was not immediately available.
In a press release, Yara described the project as Europe’s largest industrial carbon-capture installation and said it can capture and liquefy as much as 800,000 metric tons of CO₂ annually.
Yara Sluiskil Facility Links Capture to Norwegian Storage
Yara said the CO₂ will be held temporarily at its Dutch site before Northern Lights transports it by vessel to Øygarden, Norway. Northern Lights would then store the material about 2,600 meters beneath the seabed, according to Yara.
The company said the project could capture and store about 12 million metric tons over 15 years, subject to the required operating and market conditions. Yara said the system is intended to support lower-carbon fertilizer and ammonia production, as well as applications in industrial and maritime value chains.
Yara said Norwegian Prime Minister Jonas Gahr Støre, Dutch Prime Minister Rob Jetten and European Commissioner Wopke Hoekstra attended the inauguration. The company did not provide project cost details in the announcement.
