14.07.2023 07:00:13
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Three Holcim clean tech projects selected for EU Innovation Fund grants to decarbonize Europe
Holcim Group Services Ltd
/ Key word(s): Miscellaneous
Holcim has been selected for three grants from the European Union (EU) Innovation Fund for breakthrough Carbon Capture Utilization and Storage (CCUS) projects in Belgium, France and Croatia. The projects were selected for their highly scalable profile, mature technologies and advanced partnerships to advance the EUs Green Deal, putting clean technologies to work for a net-zero future. With these three grants, Holcim is now advancing five decarbonization projects with EU Innovation Fund support, adding to its ongoing CCUS projects in Germany and Poland. All five projects are an integral part of Holcims net-zero roadmap, which includes over 50 CCUS projects worldwide with a commitment to invest CHF 2 billion by 2030. Miljan Gutovic, Region Head Europe: Its exciting to be at the forefront of decarbonizing the building sector in Europe. The support we are receiving from the EU Innovation Fund for five of our CCUS projects is a great testament to the strength of our engineering teams, the maturity of our technologies and our advanced partnerships across the value chain. Our robust pipeline of projects positions us as the partner of choice to scale up carbon capture technologies in Europe. The three additional grants are awarded to the following Holcim CCUS projects:
The EU Innovation Fund is one of the world's largest funding programs for innovative low-carbon technologies. This year, the Fund granted more than EUR 3.6 billion to 41 large-scale clean-tech projects out of a pool of 239 applications with five projects focused on decarbonizing cement. These investments contribute to advancing Holcims net-zero roadmap, with 2030 and 2050 targets validated by the Science Based Target Initiative (SBTi). Holcim is committed to decarbonizing buildings across its entire lifecycle to build better with less: from operations and solutions to construction and buildings in use, all the way to driving circular construction. About Holcim Learn more about Holcim on www.holcim.com, and by following us on LinkedIn. Sign up for Holcim's Building Progress newsletter here and follow our journey to a net-zero future. Important disclaimer forward-looking statements:
End of Media Release |
1679949 14.07.2023 CET/CEST
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