The Client, a leading international distilling company, faced a significant operational and reputational challenge at their Caribbean facility. Daily, the site vented large volumes of CO₂ into the atmosphere, contributing to environmental concerns and public scrutiny. The facility lacked infrastructure for CO₂ capture and was constrained by limited space for new equipment. Moreover, the Client’s process did not require CO₂ reuse, raising critical questions about post-capture utilization and overall project viability.
First Key conducted a comprehensive site survey and collaborated with equipment vendors, the Client, and potential CO₂ distributors. Our team developed a concept design and project budget, integrating future projects and process efficiency improvements. The feasibility study provided capital and operational cost estimates for multiple capacity scenarios, benchmarking return on investment against initial capital outlay and projected CO₂ selling rates. Deliverables included detailed process modifications, equipment and piping layouts, and building adaptations, all tailored to the Client’s unique constraints and growth ambitions.
The Client leveraged our concept design and feasibility study to make informed decisions on project scope and investment. Quantitative analysis enabled negotiation of favorable sale prices and distribution contracts with local compressed gas partners. The project empowered the Client to demonstrate environmental stewardship, upgrade infrastructure, and unlock a profitable new revenue stream with a short payback period. Strategic guidance by First Key positioned the Client for sustainable growth, operational excellence, and enhanced market reputation, leading to further collaborative opportunities.
