Hycamite signs agreement to supply natural gas to its Kokkola plant

Now that Hycamite and numerous other Kokkola-based companies have agreed with the company to supply methane, the Kokkola LNG terminal project is progressing from the design phase to the construction phase.

So far, Hycamite has used biogas to produce hydrogen and industrial carbon from methane in Kokkola. The agreement signed by Hycamite and Kokkolan Energiaverkot will allow for both LNG and biogas to be supplied to Hycamite's industrial-scale facility in the future. Both biogas and natural gas consist mainly of methane, which is chemically identical in both gases.

Laura Rahikka, CEO of Hycamite TCD Technologies, said: “The aim is to ensure that the production in our new large customer sample facility, which will be completed in 2024, can be kept running even if biogas is not available in sufficient quantities or if our customers want to run tests specifically on natural gas.”

Hycamite decarbonises industry by producing emissions-free hydrogen and industrial solid carbon from methane using heat and a family of catalysts it has developed. Hycamite’s hydrogen can be used as a substitute for the coal currently used in steel production. Similarly, emissions-free and locally produced carbon products can be used to replace, for example, synthetic graphite, production of which currently entails high emissions, and to reduce dependence on natural graphite, which has been identified as a critical raw material.

When Hycamite uses biogas to produce hydrogen, it creates a carbon sink. When biogas is formed, the carbon in the atmosphere cycle is sequestered in methane. In the process, carbon from methane is captured in a solid form and is no longer released into the atmosphere. Hycamite's technology can also be used to remove carbon from methane which is a by-product of chemical industry processes. The resulting solid carbon can be used, for example, to make batteries for electric cars.

In Finland, Hycamite aims to produce its hydrogen primarily from biogas. Hycamite’s customers, particularly in North America, intend to use natural gas for hydrogen production, as the availability of biogas in North America is minimal. Hydrogen produced from natural gas using Hycamite’s technology also has a very low life-cycle emission.

Read the article online at: https://www.tanksterminals.com/terminals/23102023/hycamite-signs-agreement-to-supply-natural-gas-to-its-kokkola-plant/