NeuRizer engages DL E&C Co to complete FEED for carbon capture and storage facility
NeuRizer plans to construct a carbon capture and storage facility at its urea project in South Australia as part of its strategy for the project to be carbon neutral.
Formerly Leigh Creek Energy, emerging urea producer NeuRizer (ASX: NRZ) has secured master engineering company DL E&C Co Ltd to undertake the front-end engineering and design (FEED) for a carbon capture and storage (CCS) facility at its namesake South Australian project.
DL is already progressing the NeuRizer urea project’s bankable feasibility study.
As part of its engineering work, DL provides CCS solutions for numerous applications including refining, petrochemical, oil and gas and power plants.
Carbon negative
Of note in the CCS field, DL has completed a FEED study for a supersized 3,000tpa carbon capture plant. The engineering company has also demonstrated what NeuRizer describes as a “a world first achievement” in delivering carbon negativity for a project in South Korea.
The South Korean project involved removing more carbon dioxide from the atmosphere than produced.
It did this by combining bioenergy with carbon capture and utilisation (BECCU) and its is currently performing successfully with more than 15,000 hours of continuous operation without any unplanned outage.
NeuRizer managing director Phil Stavely said DL was chosen because of its “industry leading, proven and tested, CCS solutions.”
“DL’s technology has been successfully integrated into South Korean commercial facilities – well ahead of any other competitor.”
First in Australia
Mr Stavely said DL’s CCS solution at the NeuRizer project will make it the first in Australia.
“This aligns with our ongoing commitment to being at the forefront of technological solutions that further agricultural output without the unnecessary impact to our surrounding environment.”
The CCS facility will be constructed under stage one for the urea project.
Meanwhile, DL’s work on the bankable feasibility study for the project has “made substantial progress”.
NeuRizer expects to make a final investment decision once the study has been completed in the December quarter.
The company says its namesake project is of “national significance” to Australia.
NeuRizer aims to deliver a low-cost, high-quality nitrogen-based fertiliser for local and export markets.
The project is expected to produce 1 million tonnes a year of urea, with the potential to increase output to 2Mtpa.