A group of industry leaders, dubbed the Low Carbon Technology Industry Consortium (LCT-IC), is collaborating to develop lower-carbon opportunities to support Singapore’s goal of reaching net-zero emissions by 2050.
The companies in the consortium are Chevron Singapore, Keppel, Pan-United Corp., Surbana Jurong, Air Liquide Singapore, Osaka Gas Singapore and Pavilion Energy. The LCT-IC members will seek to partner, exchange ideas, share technical insights and develop lower-carbon research, development and demonstration. Together, they will accelerate the development of integrated-carbon capture, utilization and sequestration (CCUS), as well as the production, transportation, distribution and utilization of hydrogen, with the aim of commercializing new lower-carbon technology pathways in Singapore.
This is an extension of a previous agreement signed in July 2020, which aimed to accelerate the development of integrated and energy-efficient CCUS systems that lead to indus
