GS E&C, BASF to cooperate in modular carbon capture device standardization
GS Engineering & Construction (E&C), a construction affiliate of GS Group, will fortify cooperation with BASF, a German multinational chemical firm, to standardize modular carbon capture devices, the Korean firm said Tuesday. This is part of its long-term business portfolio reorientation, strengthened to prioritize green modularization defined by the ability to create different configurations for increased customer value through subdividing products in a logical way that provides economies of scale.