Three Holcim clean tech projects selected for EU Innovation Fund grants to decarbonize Europe
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 EU’s 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 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 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:
Go4Zero project in Belgium, which aims to capture and store carbon from Holcim’s plant in Obourg
KOdeCO net zero project in Croatia, which aims to capture and store carbon from Holcim’s plant in Koromačno
eM-Rhône project in France, in which carbon captured from Holcim’s Le Teil plant will be used to 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 € 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 Holcim’s 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.
