With these three grants, Holcim is advancing five decarbonisation projects with EU Innovation Fund support, adding to its ongoing CCUS projects in Germany and Poland. All five projects are an integral part of Holcim's 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: "It's exciting to be at the forefront of decarbonising 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:
· Go4Zero project in Belgium aims to capture and store carbon from Holcim's plant in Obourg.
· KOdeCO net zero project in Croatia aims to capture and store carbon from Holcim's plant in Koromačno.
· eM-Rhône project in France, where carbon captured from Holcim's Le Teil plant will produce e-methanol.
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 239 applications, with five projects focused on decarbonising cement.
These investments advance Holcim's net-zero roadmap, with 2030 and 2050 targets validated by the Science Based Target Initiative (SBTi). Holcim is committed to decarbonising buildings across its entire lifecycle to build better with less: from operations and solutions to construction and buildings in use to driving circular construction.