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Displaying items by tag: CCS
Greece: The EU Innovation Fund has awarded a Euro234m grant to Titan Group for its IFESTOS carbon capture and storage (CCS) project. Titan Group said that the project, the largest initiative of its kind in Europe, marks a ‘monumental leap forward’ in its decarbonisation journey. The company hopes that the project will help to promote the deployment of carbon capture technology in Greece and beyond.
IFESTOS director and project leader Aris Tsikouras said “This agreement solidifies our group’s role as leaders in driving transformative change in industrial decarbonisation across Europe. IFESTOS encapsulates our commitment to sustainability and innovation, forging a path toward a cleaner, greener and more resilient future for the industry, in line with EU climate policy.”
Heidelberg Materials secures funding for Geseke cement plant GeZero carbon capture project
18 December 2023Germany: The European Union Innovation Fund has awarded Heidelberg Materials Euro191m in funding to support its development of a carbon capture and storage (CCS) value chain at Geseke cement plant in North Rhine-Westphalia. The planned project, called GeZero, involves the construction of an oxyfuel kiln, capture system and train transport infrastructure. Having received the funding, Heidelberg Materials and its partners will commence work in January 2024. They will subsequently scale the capture system to 700,000t/yr and build pipelines to transport CO2. Energy provider Wintershall Dea will receive the CO2 at its upcoming coastal hub for processing and storage below the North Sea.
Heidelberg Materials Germany general manager Christian Knell said “Together with our partners, we walk the talk and pave the way for CCS in Germany. GeZero will complement our global project portfolio with a truly unique approach. We are developing a promising novel solution for inland cement sites, with the intention to inspire industry peers and other emission-intensive sectors to follow.”
Global chief custainability officer Nicola Kimm said “The successful grant agreement demonstrates the relevance of GeZero for the decarbonisation of our sector, and the trust that European authorities place in our approach.”
Samsung Engineering and Svante enter memorandum of understanding for carbon capture in Asia and the Middle East
06 October 2023Asia/Middle East: South Korea-based Samsung Engineering and Canada-based Svante have signed a new memorandum of understanding (MoU). Under the MoU, the companies will collaborate on the development and deployment of carbon capture technology in cement and other industries in Asia and the Middle East.
Svante President and CEO Claude Letourneau said “Samsung Engineering’s more than 50 years of experience in the energy and industrial sectors will be invaluable as we continue to rapidly expand our operations and filter production capabilities.”
Górażdże Cement to invest Euro261m in carbon capture and waste concrete recycling at Górażdże cement plant
05 October 2023Poland: Górażdże Cement has announced an investment of Euro261m in planned sustainability upgrades to its Górażdże cement plant in Opole Voivodeship, the Polish News Bulletin newspaper has reported. The Heidelberg Materials subsidiary plans to build a carbon capture installation, a green energy source and a facility to recycle construction and demolition waste for use in its cement production.
Capsol Technologies wins two further carbon capture contracts in Europe
19 September 2023Europe: Norway-based Capsol Technologies says that it has signed contracts for two new feasibility studies for carbon capture installations at ‘large cement plants’ in the EU. If successful, the plants will proceed to the installation of Capsol Technologies’ CapsolEoP carbon capture systems. Nordic Daily News has reported that the technology reduces the energy consumption of carbon capture by 50%, and lowers its costs by 25%, according to the supplier.
The new contracts bring Capsol Technologies’ number of cement industry carbon capture contracts to four, and its total contracts to nine, with a potential CO2 capture capacity of 10Mt/yr.
CEO Jan Kielland said "We are pleased that our solution is gaining attention, as demonstrated by an increasing number of incoming requests for sales engineering and engineering studies, and look forward to being a major contributor in the path to net zero for cement.”
GEA trials carbon capture technology at Phoenix Zementwerke cement plant
18 September 2023Germany: Engineering company GEA has installed a carbon capture pilot plant at the Phoenix Zementwerke cement plant in Beckum, North Rhine-Westphalia. The supplier will now conduct testing over ‘several’ months, but said that it is confident that the cement plant is suitable for an installation to capture over 90% of its CO2 emissions. GEA’s carbon capture systems run on energy from waste heat recovery, with minimal to zero extra electrical input.
Phoenix Zementwerke managing director Marcel Gustav Krogbeumker said “We consider carbon capture a very exciting technology. Thanks to GEA's decades of experience in emissions control, I am very positive that together we can develop and implement a solution."
Norwegian government confirms funding for Heidelberg Materials Sement Norge’s Brevik carbon capture project
12 September 2023Norway: The Ministry of Petroleum and Energy has signed a new agreement with Heidelberg Materials Sement Norge, confirming funding of up to US$14.1m for the producer’s construction of a full-scale carbon capture system at its Brevik cement plant. Under the agreement, Heidelberg Materials Sement Norge will absorb extra costs that have arisen, and retain a larger share of any return on the project. Costs rose due to the Covid-19 pandemic, the Russian invasion of Ukraine and international supply chain pressures.
Nordic Daily News has reported that Heidelberg Materials Northern Europe director Giv Brantenberg said "We are in the process of completing the world's first full-scale plant for carbon capture in the cement industry, and have had great support from the Norwegian authorities throughout the project's many phases. Today's agreement reflects the good cooperation with the Norwegian government, and we look forward to completing this unique facility.”
Heidelberg Materials Sement Norge lifts absorber unit into place for Brevik cement plant carbon capture system
29 August 2023Norway: Heidelberg Materials Sement Norge set in place a 220t absorber unit at its Brevik cement plant on late August 2023. The unit will form part of the upcoming 400,000t/yr carbon capture and storage (CCS) installation at the site. It expects to complete the installation of the absorber unit within two weeks of its placement. In September 2023, Heidelberg Materials Sement Norge will proceed to install the system’s 100m-high absorber stack.
Brevik CCS operational manager Tor Gautestad said “The absorber is in many ways the heart of the carbon capture process, because it is where the flue gases are separated.”
Spain: Switzerland-based Synhelion and Cemex España plan to build a new clinker plant near Madrid. The plant will use Synhelion’s synthetic fuel to produce clinker from clay and crushed sand at 1200°C. The fuel consists of a gas produced from green hydrogen and captured CO2, using solar heat. La Tribune de Genève Online News has reported that Synhelion’s thermochemical reactor further helps to capture CO2 emissions from clinker production. A study by the Swiss Federal Institute of Technology Lausanne indicated that this can halve the cost of carbon capture at cement plants, to below Euro85/t.
Germany: Heidelberg Materials' consolidated sales rose by 5.3% year-on-year to Euro10.5bn in the first half of 2022. The producer noted a continuing 'downward trend' in its cement sales volumes in the second quarter of the year. The group recorded a net profit of Euro783m, up by 31% year-on-year from Euro597m.
Chair Dominik von Achten said “We have closed the first half of 2023 with a good result. Even in a weaker market environment, with significant declines in sales volumes in some cases, we performed quite well. We remain confident about the second half of the year, and are once again upgrading our outlook for 2023 significantly." He continued "In the first half of 2023, we achieved a further reduction in our specific net CO₂ emissions through numerous measures. With the large number of our carbon capture, utilisation and storage (CCUS) projects, we are aiming at the full decarbonisation of our products. Just recently, one of our pioneering carbon capture and storage projects in Germany was approved to receive funding from the EU Innovation Fund. The continuous reduction of our carbon footprint and strengthening the circular economy are our most powerful levers to offer our customers climate-friendly products on a large scale."
Chief financial officer René Aldach said that the company will demonstrate its financial strength with a third tranche of its on-going share buyback programme, commencing on 28 July 2023.