11-11-2022

Stamicarbon signs agreement for a feasibility study for keystone natural gas synthesis project

Stamicarbon, the innovation and license company of Maire Tecnimont Group, has signed an agreement for a feasibility study with KeyState Natural Gas Synthesis, a company located in north-central Pennsylvania in the United States of America, to become its Urea & DEF (Diesel Exhaust Fluid) technology licensor. This project is expected to produce hydrogen, automotive-grade urea, and ammonia, while capturing and permanently storing carbon dioxide (CO2) emissions associated with hydrogen production.

This study is one of Pennsylvania’s first developments for producing low-carbon hydrogen and other products like carbon capture and storage (CCS). Using the latest CCS technology, carbon will be removed during the process and sequestered permanently underground.

Highlighting the long-term positive effects of this project, Perry Babb, KeyState’s CEO had this to say; “This KeyState project aligns with the job creation and economic impact objectives contained in the Inflation Reduction Act, which supports Appalachian communities that can benefit from the energy transition. He said, “Emission reduction and great job creation can happen together and make a tremendous difference in many areas.”

Speaking about this welcome partnership for progress, Pejman Djavdan, CEO of Stamicarbon said; "From the beginning, Mr. Perry Babb inspired us with his enthusiasm and drive for this unique project. We are therefore very proud to be selected as the licensor for the urea and DEF technology. This novel combination of Stamicarbon technology with KeyState’s carbon capture approach will result in an excellent precedent for low-carbon projects in Pennsylvania and other states in the United States. We look forward to continuing our successful cooperation and entering the next project phase as soon as possible”.