CEMEX Inc., (CX) Tuesday said that the U.S. Department of Energy has selected it to develop technology for capturing and storing carbon dioxide emissions at one of CEMEX's U.S. cement plants. CEMEX would work with RTI International and others to design a dry sorbent CO2 capture and compression system, a pipeline, and an injection station. The commercial-scale Carbon Capture and Sequestration demonstration project may remove up to 1 million tons of CO2 annually. The CCS projects are a cost-shared collaboration between the government and private industry to increase investment in clean industrial technologies and sequestration projects. The DOE would provide $1.14 million and CEMEX USA will provide 20 percent of the funding for Phase I of its project.
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