Photo credit: Yara.
Yara announce that Europe’s largest industrial carbon capture facility was officially inaugurated on Monday at Yara’s plant in Sluiskil, the Netherlands.
The project establishes the first complete cross-border value chain for capturing, transporting, and permanently storing CO₂ (CCS).
The inauguration was marked by the presence of Norwegian Prime Minister Jonas Gahr Støre, Dutch Prime Minister Rob Jetten, European Commissioner for Climate, Net Zero and Clean Growth Wopke Hoekstra, and President and CEO of Yara International, Svein Tore Holsether.
Yara Sluiskil, Europe’s largest ammonia and fertilizer plant can capture and liquefy up to 800,000 tons of CO₂ annually from ammonia production thereby avoiding carbon taxation on these volumes. The CO₂ will be transported by ship to Norway, where it will be permanently stored beneath the seabed by Northern Lights.
With the right framework conditions in place, the project is expected to capture and store around 12 million tons of CO₂ over the next 15 years, making a significant contribution to European climate goals and industrial transformation.
Svein Tore Holsether, President and CEO of Yara International, says that “This is an important day for Yara and for European industry. The carbon capture facility in Sluiskil proves that large-scale industrial decarbonization is possible today. As global competition intensifies, Europe must find ways to cut emissions while keeping industry, jobs and critical value chains in Europe. That is exactly what this project is about.”
Tim Heijn, Managing Director of Northern Lights, says that “This is a milestone we have been looking forward to. We are proud to start operations together with Yara and to see the agreement signed in 2023 become reality. Together, we are demonstrating that capture and cross-border CO₂ transport and storage is a viable solution for European industry. This is an important step in the development of Europe’s carbon management market and shows what is possible when industry and governments work together to build the infrastructure needed for Europe’s transition.”
