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Saltend Chemicals Park secures multiple tens of millions of pounds investment

07th April 2022

In an investment worth tens of millions of pounds, a storage facility for the temporary storage of liquid CO2 will be constructed by Future Biogas Ltd (Future Biogas) by the end of 2024 on a dedicated site at Saltend, comprising up to 32 CO2 storage tanks.

Saltend Chemicals Park, owned and operated by px Group, can today reveal it has been selected as the site by Future Biogas, the biogas plant developer and operations specialists, to construct up to 32 new CO2 storage tanks at the Park in an investment worth tens of millions of pounds.

Future Biogas’ storage facility will facilitate the temporary storage of 200,000 tonnes of liquified CO2 annually by mid-2025, and up to 400,000 tonnes of CO2 by the end of 2028. The CO2 is a by-product of Anaerobic Digestion plants and will be captured and liquified at the facilities operated by Future Biogas.
As part of the development, px Group will be involved in the design, construction, operation and maintenance of the infrastructure at the Park, and potentially the CO2 storage facility itself. The development now goes into FEED (Front End Engineering Design) stage.

A simple step-by-step guide to the production, storage and transportation of the CO2 is below, as is an explainer of how and why the process is Carbon Negative.
px Group says that Saltend, a Top Tier COMAH site, was chosen for its expertise in handling complex, high-hazard materials and its quality record on safety - a sentiment echoed by Future Biogas.
Future Biogas comments that Saltend’s leading role in UK decarbonisation, and its strategic goal of attracting key players in sustainable energy supply chains, was critical to it choosing Saltend. Saltend was recently selected as the site for a world-scale Hydrogen plant - the flagship project of the Zero Carbon Humber decarbonisation initiative that recently secured major Government funding.

Saltend’s existing high-quality infrastructure and capabilities, such as its Deepwater Jetty providing access to the transportation via the Humber, and px Group’s engineering and operational capabilities, were also cited as key plus points.

Garry Gibbon, Group Commercial Manager, who oversaw the partnership with Future Biogas, adds: “Once again we have seen our commitment to top-class infrastructure at Saltend reap rewards. The development of Future Biogas is testament to the facilities and expertise on site.”

 

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