Capsol Technologies' first of two CapsolGo® demonstrations campaigns for cement producer SCHWENK has commenced operations at Akmenės cement plant in
IMAGE: CapsolGo® demonstration unit at Akmenės cementas,
With reference to the press release on
"This carbon capture campaign marks a significant step in our journey towards decarbonization, enabling us to evaluate an innovative solution that contributes to a more sustainable and environmentally friendly future," said
SCHWENK, one of
"This initiative provides SCHWENK with invaluable data on Capsol's End-of-Pipe capture technology, reinforcing our commitment to reducing carbon emissions across all our cement plants and advancing our sustainability goals," commented
Following the demonstration campaign at the Akmenės plant, the CapsolGo® unit will be transferred to SCHWENK's Brocēni cement plant in
CCS - A crucial solution for cement decarbonization
The cement industry is a significant contributor to global CO2 emissions, accounting for about 7% of total emissions. The production of cement involves the calcination of limestone, which releases CO2 as a byproduct. Carbon capture and storage (CCS) is increasingly recognized as essential for achieving deep decarbonization in the sector.
Growing decarbonization targets among cement producers, coupled with regulatory incentives, are accelerating the demand for carbon capture solutions. One such driver is the
With a mature project pipeline totaling 8 million tons of potential CO2 capture from cement plants annually (as of Q3 2024), Capsol is solidifying its position as the preferred carbon capture provider for the cement industry.
Capsol's CapsolEoP® technology stands out due to its lower energy consumption, optimized for higher CO2 concentrations, and further cost reductions achieved through the elimination of external steam supply requirements.
About CapsolGo® demonstration units
- CapsolGo® emonstration campaigns provide emitters with site-specific carbon capture data using Capsol's Hot Potassium Carbonate (HPC) based process, supporting faster decision-making for full-scale implementation.
- Offered on a rental basis, a standard CapsolGo® demonstration campaign lasts six months and includes transportation, installation, operation, and testing services.
- Capsol's HPC-based process, used in over 750 plants worldwide, employs potassium carbonate as CO2 solvent. A patented energy recirculation process ensures low capture costs and flexibility to monetize heat and electricity.
To receive Capsol's stock exchange and press releases via email, subscribe at capsoltechnologies.com/investors
For further information, please contact:
Chief Financial Officer, Capsol Technologies ASA
+47 926 20 330
ingar.bergh@capsoltechnologies.com
About Capsol Technologies
Capsol Technologies ASA is a carbon capture technology provider with a goal of accelerating the world's transition to a net zero future. The technology combines inherent heat recovery and generation in a stand-alone unit based on a proven and safe solvent. Capsol's technology is licensed either directly to customers or through industrial partners globally. Key segments include cement, biomass, energy-from-waste and gas turbines. Capsol Technologies is listed on Euronext Oslo Børs (ticker: CAPSL). For more information visit capsoltechnologies.com.
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