Suncor joins Quebec companies on CO2 capture and utilization project

Suncor Energy in Alberta has joined a CO2 capture and utilization project led by CO2 Solutions Inc., based in Quebec City. The Valorisation Carbone Québec (VCQ) project aims to develop and demonstrate commercially viable, end-to-end solutions to capture and transform carbon dioxide into fuels and bio-products while reducing GHG emissions. The project is supported by $22.5 million in grants from the Quebec government, with monetary investments and/or in-kind contributions from project partners, including Université Laval, France-based Total S.A. and Parachem, a limited partnership jointly owned by Suncor (51%) and Société Investissement Québec (49%). The VCQ demonstration phase will take place at Parachem’s industrial site in Montreal and includes design, construction, installation and operation. In August, CO2 Solutions received a $375,000 contribution from Natural Resources Canada toward reducing cost and improving performance of the company’s carbon capture technology.