11 December 2024

Denmark: INEOS has announced the final investment decision to permanently store CO₂ from Danish emitters in the Nini oil field in the Danish North Sea. The company aims to begin operations by late 2025 or early 2026, creating the ‘EU’s first operational CO₂ storage facility intended to mitigate climate change.’

The project, Greensand Future, will start by storing 400,000t/yr of CO₂, with a potential to scale up to 8Mt/yr by 2030. CO₂ will be captured from Danish biomethane plants, liquified, transported to Esbjerg port and shipped to the Nini oil field for permanent storage. Investments will exceed US$150m to scale storage capacity.

Mads Gade, head of INEOS Energy Denmark, said “Last year we were the first in the world to succeed in developing a value chain for safe and efficient capture, transport and storage of CO₂ across national borders. Now we are proud to take the next step, building on the learnings from the pilot and aiming to deliver a fully operational commercial project by the end of 2025/early 2026.”

UK: Cemex and SUEZ Recycling and Recovery have celebrated the use of 1Mt of alternative fuel at Cemex’s Rugby cement plant since the adjacent SUEZ Malpass Farm facility opened in 2015. The partnership has reduced coal consumption at the plant by over 750,000t, alongside downstream CO₂ savings from supply chain emissions transporting and shipping coal on-site.

SUEZ processes non-recyclable materials at Cemex’s Rugby facility to produce Climafuel. The fuel is derived from sifted and shredded waste from local authorities and businesses in the Midlands, and is used to heat the kiln at the neighbouring Cemex plant. Ash from the Climafuel is also incorporated into clinker production.

Phil Baynes-Clarke, director of cement operations for Cemex UK, said “Since 2013, we have collaborated closely with SUEZ to produce Climafuel, a refuse-derived, non-fossil-based alternative fuel used to heat the kiln in the cement-making process. Over the past decade, Climafuel usage has steadily increased at our Rugby cement plant. Our ultimate goal is to operate the kiln with 100% alternative fuels, and we are getting close to this target.”

Portugal: Cimpor plans to invest €1.4bn in its Portuguese cement assets by 2030, focusing on infrastructure, technology and new products to address decarbonisation, described as the ‘number one challenge’ by CEO Cevat Mert, according to Noticias Financieras news.

In October 2024, Cimpor announced an investment of €360m in decarbonisation and innovation projects by 2026, including €180m allocated to its Alhandra plant in Lisbon. The company also aims to expand into more markets beyond the 14 it currently serves. It has invested €50m in a terminal at the port of Bristol in the UK, and has plans for France and the US. Ignacio Gomez, Cimpor’s commercial manager, cited this shift towards Europe and the US due to stricter environmental requirements.

Australia: Cement Australia, a joint venture between Heidelberg Materials Australia and Holcim Australia, will acquire the cementitious division of the Buckeridge Group of Companies (BGC) in Perth for US$800m, according to The Australian. The acquisition includes a cement grinding unit with ‘significant’ capacities, along with operations in cement, concrete, quarry, asphalt, transport and a materials technology centre. Cement Australia reportedly ‘fended off competition’ from Boral, Adbri and Mass Group in the process. BGC has stated that it retains a ‘significant’ business with about 1000 employees across its other sectors. The acquisition remains subject to regulatory approval, but is expected to close in the second half of 2025.