Ma Yongsheng, former Sinopec chairman, at WGC 2025 (WGC)
China eyes global collaboration on CCUS
Sinopec hosts launch of global sharing platform as Beijing looks to draw on international investors and expertise
China has signalled its need for international technology and expertise to help accelerate its deployment of CCUS by hosting the launch of a global sharing platform that aims to pool the expertise of 50 companies, industry associations, research institutions and academics from four continents. The International CCUS Technology Innovation & Cooperation Organization (ICTO) was officially launched in Beijing in mid-July in a move led by state-controlled energy company Sinopec and China Association for Science and Technology. "The establishment of ICTO not only demonstrates the global community's firm commitment to tackle climate change, but also is a collective declaration of tangible actio
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