Carbon Capture and Storage

Tenaris, Saipem, and SIAD: new CO2 capture and utilization project in Dalmine

The three companies have signed a Memorandum of Understanding (MoU) to start the design phase of a carbon dioxide capture and utilization (CCU) plant, to be built at the Tenaris plant in Dalmine, northern Italy.

#4-March 2022

The project covers the capture of 30 tons of CO2 per day produced by the thermoelectric power plant installed at the TenarisDalmine plant. The CO2 captured through Saipem CO2 Solutions proprietary technology will be subsequently used by SIAD, specifically in the food and beverage industry, for crops, in water treatment, in metal processing, and as a refrigerant gas with a reduced environmental impact. Saipem CO2 Solutions technology, which is based on an innovative enzymatic process used for CO2 capture, allows for waste heat while avoiding toxic substances used in other methods.

The agreement among the three companies is structured in various phases, which will be a feasibility study.

Michele Della Briotta, President of Tenaris Europe and CEO TenarisDalmine, said: "This project is part of Tenaris's goal to reduce by 30% its CO2 emissions by 2030. In Italy, we are actively working towards this goal through investments and projects to reduce air pollution, promote energy efficiency and reduce raw material consumption, as well as to increase the content of recycled material in our products, along with the valorization and reuse of our by-products."

Bernardo Sestini, CEO of SIAD, explained the participation of the company in the MoU: "We are convinced that innovation, which has always been one of our values, is the basis for the development of environmental sustainability. Our customers can use CO2 for innovative environmental and food applications, such as micronutrients from algae or low-impact hydroponic farming. The recovery and use of CO2 enable the development of an increasingly circular and sustainable economy."

Francesco Caio, CEO and General Manager of Saipem, commented: "The agreement with Tenaris and Siad confirms Saipem's role in offering cutting-edge technological solutions for reducing environmental impact. The participation in this project consolidates our strategy of decarbonization in industrial sectors and confirms the role of Saipem as the ideal partner for Net Zero."

Saipem: on the frontline of energy transition

Saipem is an advanced technological and engineering platform for designing, constructing, and operating safe and sustainable complex infrastructure and plants. It is listed on the Milan stock exchange and operates in over 60 countries worldwide with 32 thousand employees from 130 different nationalities. Saipem has always been oriented towards technological innovation and is currently committed, alongside its clients, to the frontline of the energy transition with increasingly digitalized tools, technologies, and processes that were devised from the outset with environmental sustainability in mind.

SIAD: leading player in the economic growth of Italy

The SIAD Group, chaired by Roberto Sestini and administered by Bernardo Sestini, is a leading industrial group; it has a 2020 turnover of 700 million euros, 70 thousand customers worldwide, and 2,000 employees. It operates in the production and sale of the full range of industrial, unique, and medical gases and associated services, with a wide range of activities extending to healthcare sectors (homecare and hospital). Through its subsidiary Istrabenz Plini, the SIAD Group is also present in the LPG and natural gas markets. In the Engineering sector, with SIAD Macchine Impianti, Tecno Project Industriale, and ESA, SIAD has developed the business throughout the world, with the design, manufacture, and installation of plants for air separation, conversion of biogas into biomethane and carbon dioxide purification plants, process and PET compressors and industrial combustion plants.