Toyo-India to do FEED for industrial carbon capture project for EET Fuels
EET Fuels, which owns and operates UK's Stanlow oil refinery, on Tuesday said it has appointed Toyo Engineering India Pvt Ltd to carry out the front-end engineering design (FEED) study for its industrial carbon capture project.
EET Fuels is investing USD 1.2 billion over the next five years to decarbonise its Stanlow oil refinery in the UK. It is targeting a 95 per cent in emissions by 2030 through energy efficiency, carbon capture and fuel switching.
"The company has appointed Toyo Engineering India Pvt Ltd (Toyo-India) (100 per cent subsidiary of Toyo Engineering Corporation, Japan) a leading engineering, procurement and construction company, to carry out the FEED phase - an integral part of the project management process," it said in a statement.
Toyo-India will oversee design completion, project de-risking, detailed costing analysis and other vital work.
Completion of FEED will enable the company to take final investment decision (FID) on the ICC project.
Upon completion (expe
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