Defossilizing Industry Scaling-up CCU 2025

The current CCU project pipeline 1.2 Urea production is a mature market today, predominantly using CO2 generated through steam methane reformation. A proportion of operating urea capacity, around 1.44 Mtpa, uses captured CO2 from point sources as a feedstock (see Figure 3). Pilot- and demonstration-scale plants make up much of the remaining capacity, principally across fuel, chemical and building materials applications. The current CCU project pipeline to 2040 indicates that planned investment is focused towards the production of fuels, which includes power-to-liquids sustainable aviation fuel (PtL SAF) and methanol, with lesser contributions from other chemicals, including ethylene and propylene (olefins), and construction materials. CCU capacity operating and in development, by final product type (Mtpa CO2) FIGURE 3 Note: 1. 2040 in-development capacity includes 2030 in-development capacity. Source: Wood Mackenzie Lens Carbon. Operating 2030 20401Total: 20.82 Total: 15.17 Total: 3.92 Fuels Chemicals Building materials Food and agriculture Pure-carbon materials Urea0.7411.5915.38 1.08 1.67 1.43 1.13 0.151.08 0.60 0.63 1.13 0.150.30 0.51 0.92 1.44 In development (excludes operating capacity) Defossilizing Industry: Considerations for Scaling-up Carbon Capture and Utilization Pathways 8