Cemex to develop carbon-capture project for cement sector
An industrial-scale project is now underway as Cemex Ventures signs an agreement with Carbon Clean, a provider of modular carbon dioxide technology in the United Kingdom.
The deal has been introduced with a goal to plan and develop a solution costing under US$30/ton of CO2 captured.
The partnership will see the development and adaptation of Carbon Clean’s latest modular carbon capture technology, designed for the cement sector.
The system utilises rotating packed beds (RPBs) amongst its integrated modular system which in turn, work together to strengthen the carbon capture process. Thanks to the process, the solution is accessible to more companies as opposed to other capture technologies, which comes with high capital and equipment costs.
A Cemex facility will be the host for testing the technology, with the deployment of an industrial-scale pilot during the start of 2021.
Cemex Ventures’ Head, Gonzalo Galindo, said: “Accomplishing CO2 capture at an industrial scale and affordable cost is one of the biggest challenges that Cemex is facing in its road to deliver net-zero CO2 concrete products globally by 2050.”
“Carbon Clean’s vision of working with players from various industries is something we value in Cemex Ventures. Due to the impact of CO2 emissions on global warming and the importance of implementing new solutions to reduce the environmental impact, we look forward to joining efforts with other companies that are also working towards achieving carbon neutrality.”
Chief Executive Officer of Carbon Clean, Aniruddha Sharma, said: “We are confident that this partnership and the operating experience of Cemex will help us bring down the cost of carbon capture to just US$30/ton of CO2 captured by 2021, which will help accelerate take-up of the technology across the cement industry and beyond.”
Earlier this year, we had a chance to speak to Cemex Ventures’ Head, Gonzalo Galindo, to learn more about how the firm is fostering the construction revolution by engaging with startups, entrepreneurs, universities and other stakeholders in the industry with its Construction Startup Competition. You can read the full digital report and brochure .