## Holcim Bets on Carbon Capture for Near-Zero Cement 📈

Global building materials giant Holcim has announced a strategic investment in Capsol Technologies, a Norwegian leader in carbon capture, to accelerate its goal of industrial-scale decarbonization. • Core Investment Goals Part of a CHF 2 billion (US$ 2.2 Bn) global commitment to carbon capture by 2030. Target to capture over 5 million tons of CO2 annually. Aiming for a 22% reduction in Scope 1 emissions per ton of cementitious material by 2030. • Technology Highlights Uses Hot Potassium Carbonate (HPC) solvent technology for post-combustion capture. Integrates a specialized heat recovery system to maximize energy efficiency. Designed to address the cement industry’s heavy footprint (approx. 8% of global CO2 emissions). • Sector & National Impact Cement & Construction: Critical for "hard-to-abate" sectors where 900kg of CO2 is typically emitted per 1,000kg of cement. Sustainability: The move aligns with global demand for "near-zero" building materials, supporting sustainable infrastructure and long-term employment in green tech. Regional Context: While the tech is being piloted in Europe (Germany), Holcim's global roadmap influences its wide footprint, including markets like Sri Lanka where sustainable construction is increasingly prioritized.