McDermott International, Inc., says that one of its subsidiaries, Babcock & Wilcox Power Generation Group, Inc. (B&W), and Fluor Corporation have formed a strategic alliance to market and sell carbon dioxide (CO2) capture systems for existing coal-fired power plants in the United States and Canada.
B&W and Fluor will jointly market and provide project execution for Fluor's Econamine FG PlusSM technology - an advanced version of an established Fluor process that has been successfully used in 23 commercial plants for the recovery of CO2 from flue gas for more than 20 years. The process uses an advanced amine-based solvent to capture CO2, which can then be permanently stored or used in other industrial applications.
The alliance combines the strengths of Fluor's established Econamine FG PlusSM technology and engineering, procurement and construction capabilities with B&W's expertise in the retrofit supply and integration of air quality control systems.
"B&W is enthusiastic about this collaboration," said Richard L. Killion, President and Chief Operating Officer of Babcock & Wilcox Power Generation Group, Inc. "B&W has long been a leader with retrofit applications of air quality control systems and we expect to create significant value for our customers."
"Our combined efforts will position both companies to better serve our power clients in the carbon capture market," said Dave Dunning, Fluor's Power Group President. "By focusing on CO2 retrofit applications, we believe we capture and will deliver the strengths of both companies in a way that our customers will appreciate and value."
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