Holcim has received a new grant from the European Union (EU) Innovation Fund for its CarboClearTech carbon capture and storage project in Martres-Tolosane, France. This grant marks Holcim’s seventh large-scale carbon capture, utilisation, and storage (CCUS) initiative in Europe, furthering the EU’s Green Deal objectives.
The EU Innovation Fund, one of the world’s largest clean-tech funding programmes, selected Holcim’s project from 85 initiatives among 337 submissions, with a total of €4.8 billion in grants awarded this year. The CarboClearTech project is designed to capture CO₂ emissions from cement production and store them underground, contributing to Holcim’s ambition to achieve net-zero cement and concrete production by the end of the decade.
Holcim’s CEO, Miljan Gutovic said, “Holcim is on course to make net-zero cement and concrete a reality at scale this decade. The support from the EU Innovation Fund underscores the strength of our engineering capabilities, mature technologies, and advanced partnerships across the value chain. With our strong project pipeline, we are positioned as the partner of choice to drive clean technologies for a net-zero future.”
As part of its sustainability strategy, Holcim is expanding its clean construction technologies, with CCUS as a central pillar, alongside innovative raw materials and fossil fuel-free energy solutions. The Holcim MAQER Ventures program supports the scaling of disruptive technologies by collaborating with startups in the construction sector.
