Holcim secure two EU Innovation Fund grants
Company selected for European Union investments in Clean Tech projects in Germany and Poland
EU Investments in Holcim Carbon Capture Utilization and Storage projects in Germany and Poland
HOLCIM have secured two investments from the European Union (EU) Innovation Fund for their breakthrough carbon capture, utilization, and storage (CCUS) projects in Germany and Poland.
Both projects feature scalable technologies to put Holcim at the forefront of Europe’s decarbonization. These programmes are part of Holcim’s net-zero roadmap, validated by the Science Based Targets initiative, including their objective to operate at least one net-zero cement plant by 2030.
The EU will support Carbon2Business, which is part of Westküste 100 project in Germany, where carbon captured from Holcim’s Lägerdorf plant will be turned into synthetic fuel for the mobility sector and as feedstock for the chemical industry.
The EU is also supporting Holcim’s Go4ECOPlanet project in Poland, which aims to create an end-to-end carbon capture and storage (CCS) chain starting with CO2 capture from the company’s site in Kujawy to offshore storage in the North Sea, with the vision to be a net-zero plant by 2027.
Both projects aim to develop highly replicable carbon capture solutions to drive the decarbonization of the building sector and are part of Holcim’s portfolio of more than 30 CCUS projects around the world.
Miljan Gutovic (pictured), Holcim region head for Europe, Middle East, and Africa, said: ‘Holcim are committed to leading our sector’s decarbonization. As the recipient of two grants to decarbonize cement, I am encouraged by this clear vote of confidence by the EU. I congratulate my teams for engineering such smart and scalable solutions and thank the EU for its shared interest in making them economically viable.’
The European Union Innovation Fund is one of the world's largest funding programmes for innovative low-carbon technologies. This year, the Fund is granting more than €1.8 billion to 17 large-scale projects contributing to a low-carbon society, out of a pool of 138 submissions.
