Foxconn and Pace CCS Announce Milestone in Development of a Chemical Scavenger to Prevent Corrosion in CCS Networks
Hon Hai Technology Group
(“Foxconn”) (TWSE:2317), world’s largest electronics manufacturer and leading
technological solutions provider, and Pace CCS, the global leader in carbon capture and
storage (CCS) design, today announced a major step in solving a key challenge
for the CCS industry. The companies have begun operations at a new laboratory
in Taipei to develop a chemical injection unit to prevent corrosion in CCS
networks.
This partnership combines
Foxconn’s expertise in precision manufacturing with Pace CCS’s specialized
design knowledge. It demonstrates how cross-industry collaboration can advance
the shared goal of fighting climate change.
Carbon capture and storage is a
critical technology for achieving Net Zero emissions. The global demand for
carbon capture is estimated at eight billion metric tons of CO2 annually,
requiring trillions of dollars in investment.
A key technical challenge is
protecting CCS infrastructure from corrosion. Chemical reactions within the CO2
stream can create corrosive products such as sulfuric acid and nitric acid.
These reactions can also produce water and solids, which lead to corrosion,
erosion, and clogged disposal wells.
The new laboratory will prove the
efficacy of a chemical scavenger, already used in industries including
semiconductor manufacturing. The goal is to show it can prevent the formation
of these damaging acids and water under real-world CCS conditions.
“This is the solution the CCS
industry has been waiting for,” said Matthew Healey, Pace CCS Managing
Director. “By turning a major technical challenge into a simple operational
expense, we’re accelerating global CCS deployment.”
“Foxconn is proud to bring our
supply chain expertise to the energy transition,” said Ron R. T. Horng,
Foxconn’s Chief Environment Officer. “This collaboration shows how
cross-industry partnerships can drive meaningful progress against climate
change.”
About Foxconn
Established
in 1974 in Taiwan, Hon Hai Technology Group (“Foxconn”) (TWSE:2317) is the
world’s largest electronics manufacturer and leading technological solutions
provider, ranking 28th among the Fortune Global 500. In 2024, revenue totaled
TWD6.86 trillion (approx. USD208 billion). The Group’s market share in
electronics manufacturing services (EMS) exceeds 40%. The Group operates over
230 campuses across 24 countries and is one of the world’s largest employers
with approx. 900,000 employees during peak manufacturing season. The Group has
expanded its capabilities into the development of electric vehicles, digital
health, and robotics, and three key technologies – artificial intelligence,
semiconductors and next-generation communications technology. Pulling it
together with its three intelligent platforms – Smart Manufacturing, Smart EV,
Smart City – the “3+3+3” strategy is key to driving the Group’s long-term
growth. Foxconn is dedicated to championing environmental sustainability in the
manufacturing process and serving as a best-practice model for global
enterprises. To learn more, visit www.honhai.com
About Pace CCS
Pace CCS are the global
leaders delivering design for CCS projects, with experience with well over 100
CCS projects worldwide. Pace CCS are based in London and Kuala Lumpur. To learn
more, visit www.paceccs.com.
2026/01/05