Cementir Holding and Air Liquide to receive support from European Innovation Fund for Carbon Capture and Storage project in Denmark. The joint decarbonization project, named ACCSION, will be one of the first full onshore Carbon Capture and Storage (CCS) value chains in Europe. Aiming at significantly reducing CO2 emissions of the Aalborg Portland cement plant, the completion of the project would allow the avoidance of 1.5 million tons of CO2 emissions per year of operation. Cementir Holding and Air Liquide’s project ACCSION has been selected by the European Commission to receive 220 million euros in project support under the EU Innovation Fund. “This carbon capture project is a crucial milestone in our journey towards achieving net zero emissions by 2050. We welcome the support of the EU Innovation Fund and look forward to working closely with Air Liquide. We are proud not only to contribute to the achievement of the 2030 Danish climate targets, but also to create a lasting positive impact on the local community”, commented Francesco Caltagirone Jr, Chairman and CEO. Learn more: https://lnkd.in/dfG4ZMJe
Tillykke!
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Business Unit Manager - WHR presso CTP Team
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