HeidelbergCement the world's second-largest cement maker, said it plans to turn its Swedish factory in Slite into the world's first CO2-neutral cement plant by 2030 via carbon capture technology.
Following the planned retrofit, which will cost at least 100 million euros ($122 million), the plant will be able to capture up to 1.8 million tonnes of carbon dioxide per year, which corresponds to the site's total emissions.
With cement production being one of the heaviest emitters globally, HeidelbergCement aims to reduce CO2 emissions by nearly a third by 2025 compared with 1990 on a group level.
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