Ocean GeoLoop won the Powered by Telemark award

Ocean GeoLoop won the Powered by Telemark award

Ocean GeoLoop receiving the Telemark award!

Odd-Geir Lademo in Ocean GeoLoop, receiving the Telemark award on behalf of the company. Photo: Powered by Telemark

Published: 15. May 2023 - Last updated: 29. June 2023

The award honors our contribution to the collaborative culture, and our work with Yara International.

This acknowledgement means a lot and confirms the value of the way we work as expressed by Jarann Wold Pettersen, Chairman of the Board of Powered by Telemark: ”We believe the company is an excellent example of what the region desires – both in terms of their contribution to the culture of collaboration and the problems they dare to tackle in new ways.”

The award recognizes companies that collaborate to solve a problem. The Grenland industrial region has the most ambitious goal of making region climate positive by 2040. We perceive this ambition to permeate the entire organization of Yara, and we notice a strong engagement to find solutions to their ambitious emission reduction targets.

From 2021 our engagement and presence at Herøya and in Grenland has been unwavering. Our partnership with Yara International focuses on exploring commercial opportunities for carbon capture and electricity production.

We are currently considering carbon capture linked to Yara's proposed expansion project at its calcium nitrate plant at Herøya, and we foresee increased cooperation with partners in this interesting region.

Related news

Front page of Ocean GeoLoop – Half Year Report 2024
Investor news, News

Ocean GeoLoop: Results for the first half of 2024

Ocean GeoLoop AS today announces imminent international market scaling towards the European lime industry, an addressable 25 million tonnes CO2 market. Ocean GeoLoop reported revenues in the first half of 2024 of NOK 105.0 million, up from NOK 83.2 million in the same period last year, with Energi Teknikk AS as the main revenue contributor.

Read more
Investor news, News

Ocean GeoLoop: 200 kWh per tonne carbon capture for the quicklime and cement industries

Ocean GeoLoop AS today announces energy data based on flue gas conditions for the quicklime and cement industries. The strong results reaffirm Ocean GeoLoop´s target to provide world class carbon capture solutions. Based on a thorough test program including flue gases with 25% CO2 concentration, recent calculations conclude an electricity consumption for carbon capture in...

Read more
Yara International
Investor news, News

Ocean GeoLoop: Ocean GeoLoop and Yara Norge accelerate the work towards a feasibility study for carbon capture at Herøya

Ocean GeoLoop AS today announces plans for a feasibility study with the intention to support a pilot on carbon capture.  First in line is a feasibility study of carbon capture from the planned expansion project at the Calcium Nitrate (CN) plant at Yara Porsgrunn (Herøya, Norway).

Read more