ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

HeidelbergCement to build carbon neutral plant to tackle emissions
Cement

HeidelbergCement to build carbon neutral plant to tackle emissions

The world’s fourth largest cement manufacturer, HeidelbergCement, is planning to build the world's first carbon-neutral cement plant in Sweden by 2030, to reduce the cement sector's high emission rate.

The world's fourth-largest cement producer hopes to capture 1.8 million tonnes of carbon dioxide per year at its Swedish plant in Slite, which would be its second large-scale carbon capture and storage facility.

The 1.8 million figure is more than four times the volume that the German firm intends to store underground from its first large carbon capture plant in Brevik, Norway, which received final government approval late last year.

Carbon capture, the process of capturing and storing carbon dioxide before it enters the atmosphere, is being promoted as a way to reduce pollution in industries like cement, which accounts for 8% of global carbon dioxide emissions.

It is also difficult to decarbonise cement production because approximately two-thirds of its emissions are caused by the calcination of limestone during the manufacturing process, which cannot be reduced using traditional methods such as fuel substitution.

Many pilot carbon capture projects are underway at cement companies, but the two Scandinavian projects are the industry's first large-scale ones to be announced.

However, before the Slite project can be realised, HeidelbergCement and the Swedish government must reach an agreement on financing.

Ibrahim Baylan, Sweden's minister for enterprise, stated that the cost of the site would be three or four times that of Brevik, estimated to be NKr3.3 billion ($397 million) for carbon capture, as part of a broader NKr25 billion investment that also includes transportation and storage.

Baylan stated that government support was not in the vicinity of the two-thirds financing offered by Norway for the Brevik carbon capture and storage project, which is scheduled to begin operations in 2024. They are initially providing financial support to the company, he explained.

Dominik von Achten, chair of HeidelbergCement's management board, believes the time has come to signal the company's willingness to increase its carbon-capture ambitions.

They are now confident that they can pull it off from a project management standpoint while also obtaining the appropriate balance of government financing.


Also read: HeidelbergCement introduces two new positions in Managing Board

Also read: Construction World’s fastest growing cement companies in India - 2020

Also read: World Cement Association launches Climate Partnership programme

The world’s fourth largest cement manufacturer, HeidelbergCement, is planning to build the world's first carbon-neutral cement plant in Sweden by 2030, to reduce the cement sector's high emission rate. The world's fourth-largest cement producer hopes to capture 1.8 million tonnes of carbon dioxide per year at its Swedish plant in Slite, which would be its second large-scale carbon capture and storage facility. The 1.8 million figure is more than four times the volume that the German firm intends to store underground from its first large carbon capture plant in Brevik, Norway, which received final government approval late last year. Carbon capture, the process of capturing and storing carbon dioxide before it enters the atmosphere, is being promoted as a way to reduce pollution in industries like cement, which accounts for 8% of global carbon dioxide emissions. It is also difficult to decarbonise cement production because approximately two-thirds of its emissions are caused by the calcination of limestone during the manufacturing process, which cannot be reduced using traditional methods such as fuel substitution. Many pilot carbon capture projects are underway at cement companies, but the two Scandinavian projects are the industry's first large-scale ones to be announced. However, before the Slite project can be realised, HeidelbergCement and the Swedish government must reach an agreement on financing. Ibrahim Baylan, Sweden's minister for enterprise, stated that the cost of the site would be three or four times that of Brevik, estimated to be NKr3.3 billion ($397 million) for carbon capture, as part of a broader NKr25 billion investment that also includes transportation and storage. Baylan stated that government support was not in the vicinity of the two-thirds financing offered by Norway for the Brevik carbon capture and storage project, which is scheduled to begin operations in 2024. They are initially providing financial support to the company, he explained. Dominik von Achten, chair of HeidelbergCement's management board, believes the time has come to signal the company's willingness to increase its carbon-capture ambitions. They are now confident that they can pull it off from a project management standpoint while also obtaining the appropriate balance of government financing. Also read: HeidelbergCement introduces two new positions in Managing Board Also read: Construction World’s fastest growing cement companies in India - 2020 Also read: World Cement Association launches Climate Partnership programme

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement