Photo: Holcim
A carbon capture and storage (CCS) project developed by cement maker Holcim Romania has been awarded financing under the European Union’s Innovation Fund. The European Commission has selected 61 cutting-edge net-zero technology projects across the EU to receive a total of EUR 2.9 billion in funding, covering sectors such as oil refining, hydrogen, transportation, chemicals, iron and steel, and the manufacture of components for renewable energy plants and batteries.
Holcim’s project at its plant in Câmpulung, Argeș county, involves capturing CO2 from cement and lime production and storing it underground. The first large-scale onshore CCS project of its kind in Eastern Europe is expected to produce an estimated two million tons of near-zero cement annually from 2032, according to a press release from Holcim.
The project will enable Holcim Romania to produce two million tons of near-zero cement annually
Carbon Hub CPT 01 will use proven carbon capture technology to separate CO2 from flue gases, which will then be compressed and transported for permanent, safe storage underground, the company said.
The Switzerland-based cement producer now has eight large-scale EU-supported carbon capture projects – in Germany, Poland, Belgium, France, Croatia, Greece, and Romania, according to the press release.
Decarbonizing energy-intensive industries across the EU
The European Commission said that the EUR 2.9 billion in grants follow its first call for net-zero technologies (IF24 Call), launched in December 2024, aiming to strengthen the EU’s technological leadership and accelerate the deployment of innovative decarbonization solutions.
The selected projects span 19 industrial sectors in 18 countries, focusing on energy-intensive industries, renewable energy and energy storage, net-zero mobility and buildings, cleantech manufacturing, and industrial carbon management.
The largest number of selected projects is in the cement and oil refining sectors
The largest number of awarded projects is in the refineries sector, with 11, followed by 10 in the cement and lime sector, 6 in the manufacturing of components for renewable energy, and 4 in the manufacturing of components for energy storage.
Other sectors on the list include chemicals, solar, maritime, road transportation, aviation, non-ferrous metals, hydrogen, buildings, construction materials, geothermal energy, and the manufacturing of components for energy-intensive industries.
The 61 selected projects have the potential to cut some 221 million tons of CO2 equivalent over their first decade of operation, supporting the EU’s objective of achieving climate neutrality by 2050, according to a press release from the European Commission.
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