Provaris has entered into a non-binding MOU with its LCO₂ tank development partner Yinson Production and Chinese heavy fabrication specialist Himile Heavy Equipment to assess the fabrication of Provaris’ proprietary large-scale liquid CO₂ tanks at Himile’s Rushan facility. The MoU is running in parallel with Provaris’ ongoing FEED and class-approval programme and is focused on validating manufacturability, cost and delivery timelines for tanks intended for Floating Storage and Injection Unit (FSIU) applications within carbon capture and storage value chains.
