Holcim invests in 44.01 to advance carbon mineralization storage

Summary by AI BETAClose X

Holcim has invested in 44.01 to support scaling and international expansion of its carbon mineralization storage technology and deepen an existing commercial relationship; a pilot running since July at Holcim’s Fujairah cement plant is now storing captured CO2 underground and mineralizing it into stable carbonate rock, the investment augments Holcim MAQER Ventures’ portfolio to 22 investments and is positioned to advance the group’s NextGen Growth 2030 decarbonization pathway and enable inland CO2 management where offshore storage is limited.

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