Cementir Holding N.V.’s Post

We are proud to announce that the EU Innovation Fund has confirmed €220 million in funding for the ACCSION project, supporting the development of Cementir CO₂ capture plant in Aalborg, Denmark. This plant: - once operational, will cut 1.5 million tons of CO₂ emissions annually, enabling Aalborg Portland to achieve CO₂ neutrality for its Scope 1 emissions - will be the first EU cement facility capable of producing both grey and white net-zero cements - will represent one of Europe’s first fully integrated onshore CCS value chains. Francesco Caltagirone Jr., Chairman and CEO of Cementir Holding, commented: "This project reinforces our commitment to sustainability and innovation. Carbon capture plays a vital role in our strategy to reduce CO2 emissions and contribute to the transition towards a low-carbon economy. Through this project we aim to set a benchmark for the cement industry, while supporting global climate targets.“ A huge milestone for Cementir and for the future of sustainable construction! Learn more: https://lnkd.in/efWHiAcy #CementirGroup #Innovationfund #Sustainability #CarbonCapture #Cement #NetZero #CCS #ACCSION #CINEA_EU Disclaimer: Funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the European Climate, Infrastructure and Environment Executive Agency (CINEA). Neither the European Union nor the granting authority can be held responsible for them.