A Saipem logo in seen on the bridge of the Saipem 10000 deepwater drillship in Genoa's harbour, Italy, November 19, 2015. Picture taken November 19, 2015. REUTERS/Alessandro Garofaloand chemicals group SIAD said on Thursday they had signed a Memorandum of Understanding for the study of a CO2 capture and utilization project in Italy.
The three companies said in a joint statement that the MoU is aimed at studying the design of a carbon dioxide capture and utilization plant, which will be built at Tenaris' plant in Dalmine, northern Italy. Under the deal, the 30 tonnes of CO2 that the project envisions to capture per day will be used by industrial equipment supplier SIAD in the food and beverage industry and in water treatment, among others.Reporting by Federico Maccioni, editing by Agnieszka FlakSubscribe to our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.