Capsol demo started at SCHWENK plant as step towards decarbonized cement at scale

Capsol Technologies’ first of two CapsolGo^® demonstrations campaigns for cement producer SCHWENK has commenced operations at Akmenės cement plant in Lithuania.

IMAGE: CapsolGo® demonstration unit at Akmenės cementas, Lithuania, under installation.

With reference to the press release on August 13, 2024, Capsol Technologies’ CapsolGo® demonstration campaign for SCHWENK’s Akmenės cement plant in Lithuania has commenced operations.

"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 Arturas Zaremba, CEO of Akmenės Cementas.

SCHWENK, one of Europe’s most innovative building materials producers, will test Capsol’s technology at two cement plants, with a combined carbon capture potential of up to 1.5 million tons of CO2 per year.

"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 Reinhold Schneider, CEO of SCHWENK Northern Europe.

Following the demonstration campaign at the Akmenės plant, the CapsolGo® unit will be transferred to SCHWENK’s Brocēni cement plant in Latvia, where a Capsol feasibility study was conducted in 2024.

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 European Union’s Carbon Border Adjustment Mechanism (CBAM), introduced in October 2023. Under CBAM, cement importers must report emissions, with financial obligations beginning in 2026, to prevent carbon leakage and promote decarbonization within the EU.

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.

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For further information, please contact:
Ingar Bergh
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.