Grace Receives Department of Energy Grant for Carbon Capture
COLUMBIA, Md., Sep 06, 2011 (BUSINESS WIRE) -- W. R. Grace & Co. (NYSE: GRA) has been selected to receive a three-year,
$3 million grant from the U.S. Department of Energy to develop advanced
post-combustion technologies for capturing carbon dioxide (CO2)
from coal-fired power plants.
Existing technologies to capture and separate CO2 from power
plants require large amounts of energy for their operation (20% to 30%
of the power produced by the plant) and can raise electricity prices by
as much as 85%. The goal of this project is to capture at least 90% of
power plant CO2 emissions, while minimizing electricity cost
Grace and its research partners will work to develop a cost-effective CO2
capture process known as rapid pressure swing adsorption (rPSA), which
utilizes rapid pressure changes to capture and release CO2.
Grace will coordinate the activities of a synergistic team consisting of
Battelle (world renowned for process R&D and scale-up), Catacel Corp.
(innovator in coated metal foil structures) and the University of South
Carolina (known worldwide for PSA process R&D) to work on this challenge.
"We are thrilled to begin collaborating with such high caliber partners
on developing clean coal technologies," said George Young, Grace
Davison's Vice President of Business Development. "Grace has a long
history of pioneering process adsorbents that offer superior performance
in many different applications. This grant further validates our
technological leadership and our commitment to sustainability."
Grace has over five decades of experience developing and manufacturing
adsorbents for a variety of industrial applications, including: Sodasorb(R)
CO2 adsorbents for anesthesiology and re-breathing
applications; TriSyl(R) adsorbents for biodiesel purification;
Sylobead(R) process adsorbents used in petrochemical and
natural gas processes; and, PHONOSORB(R) molecular sieve
adsorbents that remove water and solvents from dual pane windows.
This grant is one of 16 projects--valued at $41 million over three
years--funded by the Department of Energy that focus on reducing the
energy and cost penalties associated with applying currently available
carbon capture technologies to existing and new power plants.
This is the second grant awarded to Grace from the Department of Energy
in the past year. Grace was selected in September 2010 to receive up to
$3.3 million for the evaluation and enhancement of advanced biofuel
As the world's largest independent research and development
organization, Battelle provides innovative solutions to the world's most
pressing needs through its four global businesses: Health and Life
Sciences; Laboratory Management; National Security; and Energy,
Environment and Material Sciences. It advances scientific discovery and
application by conducting $6.5 billion in global R&D annually through
contract research, laboratory management and technology
commercialization. Headquartered in Columbus, Ohio, Battelle oversees
22,000 employees in more than 130 locations worldwide, including seven
national laboratories which Battelle manages or co-manages for the U.S.
Department of Energy and the U.S. Department of Homeland Security and a
nuclear energy lab in the United Kingdom. Battelle also is one of the
nation's leading charitable trusts focusing on societal and economic
impact and actively supporting and promoting science, technology,
engineering and mathematics (STEM) education.
Grace is a leading global supplier of catalysts and other products to
petroleum refiners; catalysts for the manufacture of plastics;
silica-based engineered and specialty materials for a wide range of
industrial applications; sealants and coatings for food and beverage
packaging, and specialty chemicals, additives and building materials for
commercial and residential construction. Founded in 1854, Grace has
operations in over 40 countries. For more information, visit Grace's
website at www.grace.com.
SOURCE: W. R. Grace & Co.
W. R. Grace & Co.
Andrea Greenan, +1 410.531.4391
Mark Sutherland, +1 410.531.4590