Article

Yinson Production has entered into a memorandum of understanding with Himile Heavy Industries to assess the fabrication and costs of proprietary LCO₂ tanks at Himile's facility in Rushan, China. This collaboration aims to enhance manufacturability and delivery timelines for Yinson's Floating Storage and Injection Unit and carbon capture projects, involving the development of a robotic production facility and cost estimates for tank fabrication. Provaris will design robotic cells and laser-welding equipment, while Himile will provide design packages and cost assessments for the facility upgrades.