POSCO, Malaysia’s Petros to join forces on carbon capture business

Dateline 2022-12-12, The Korea Economic Daily:

POSCO Holdings Inc., the holding company of South Korea’s top steelmaker POSCO, said on Monday it has joined forces with Malaysia’s energy firm Petroleum Sarawak Bhd to push ahead with a carbon capture and storage project in Sarawak, Malaysia.

POSCO International Corp., POSCO Engineering & Construction Co. and Petroleum Sarawak, more commonly known as Petros, have signed a memorandum of understanding on the CCS project, according to the Korean company.

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