Holcim has invested in Norwegian company Capsol Technologies (Capsol), in a move to support the company’s decarbonisation roadmap.
The investment sees Holcim adopt Capsol’s post-combustion carbon capture and heat recovery system, a hot potassium carbonate solvent (HPC).
Holcim head of operational excellence Ram Muthu said the company plans to apply Capsol’s technology to further advance its decarbonisation roadmap.
“By combining Holcim’s expertise in cement manufacturing and on-site carbon capture with Capsol’s safe and efficient technology, we have an additional lever to advance decarbonisation and drive profitable growth,” Muthu said.
“Through this strategic investment we are one step closer to producing near-zero cement at scale to meet growing customer demand.”
HPC technology is an energy-efficient chemical absorption process used to remove CO2 from gas streams and is applicable in post-combustion carbon capture.
Capsol chief executive officer Wendy Lam said Holcim as a “leading provider of sustainable solutions” and operate a significant space within global cement production.
“They (Holcim) have bold ambitions of producing near-zero cement at scale for customers, and Capsol wants so be part of realising that ambition,” Lam said.
“Today, we are proud to share how we are deepening our collaboration, following a CapsolGo demonstration project at Holcim’s Dotternhausen plant in Germany in 2025. We look forward to further developing our relationship with Holcim and innovating together for the future.”
This investment broadens Holcim’s wide range of decarbonisation technologies, centred on its open innovation ecosystem.
Holcim is assessing more than 500 startups annually through Holcim MAQER Ventures, its corporate venture capital unit and has made 19 investments to date through Holcim MAQER Ventures.
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