Foxconn Enters Carbon Capture Market Through Partnership With Pace

Taiwan’s electronics manufacturing giant, Foxconn, has officially entered the carbon capture industry, forming a partnership with the UK-based company Pace and other industry players.

SOURCE: Carbon Herald

Speaking at SEMICON China last month, Foxconn ‘s Chief Environmental Protection Officer, Hung Jung-chung, emphasized that carbon capture and storage (CCS) technology plays a crucial role in addressing climate change.

CCS works by capturing CO2 emissions from industrial processes, effectively reducing overall carbon output, according to CNA.

Hung highlighted that global demand for carbon capture is estimated to be around eight billion metric tons of CO2 each year.

As many countries target 2050 for achieving net-zero emissions, a massive investment of approximately $15 trillion (NT$494.8 trillion) will be required to scale up CCS technologies.

To contribute to this effort, Foxconn is collaborating with Pace, a recognized leader in the design of CCS systems, to develop a chemical injection unit that is resistant to corrosion.

This technology is designed to remove impurities from captured CO2, thereby preventing internal corrosion within CCS infrastructure.

Hung noted that Foxconn’s expertise in gas reactions and piping systems will help reduce operational costs and expedite the carbon capture process.

“Through innovation in green production technologies, we can balance the benefits of semiconductors with ecological sustainability,” he remarked.

According to forecasts from Exyte, the global semiconductor industry will face significant environmental challenges by 2030.

More than 900 wafer fabrication facilities are expected to be operational, emitting over 170 million metric tons of CO2 annually, consuming nearly 19 quadrillion kWh of electricity, and using one billion cubic meters of water.

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