Cemex is joining forces with UK-based firm Carbon Clean to support a carbon capture solution for the cement industry and reduce low-carbon cement costs.
The Mexico-based building materials company has teamed up with the carbon dioxide (CO2) capture technology firm to make carbon capture more accessible in the fight against climate change. It is expected to produce what will be the most cost-effective commercial installation for carbon capture in the industry to date.
The ambitious move will capture CO2 emissions in the industry on an industrial scale, paving the way for future developments.
Under the deal, the two companies will further develop Carbon Clean’s modularised carbon capture technology to intensify the process, using rotating packed beds (RPBs), which would provide a reduction in cost and equipment size.
The technology will be piloted on an industrial scale at a Cemex facility early next year and the firms will aim to make the solution even more efficient before the construction of the commercial installation.
The tech will have the capacity to capture up to 100,000 tons of CO2 per year at a cost lower than $30/ton of CO2 captured.
Gonzalo Galindo, head of CEMEX Ventures, said: “Accomplishing CO2 capture at an industrial scale and affordable cost is one of the biggest challenges that CEMEX is facing in its road to deliver net-zero CO2 concrete products globally by 2050.
“Partnering with Carbon Clean seemed like a perfect fit for us. We believe in their technology and know that working together, we can make possible a more cost-effective carbon capture solution below the $30/ton threshold.
“Carbon Clean’s vision of working with players from various industries is something we value in CEMEX Ventures. Due to the impact of CO2 emissions on global warming and the importance of implementing new solutions to reduce the environmental impact, we look forward to joining efforts with other companies that are also working towards achieving carbon neutrality.”
Aniruddha Sharma, CEO of Carbon Clean, said: “We are delighted to be partnering with CEMEX to deliver on our shared goal of decarbonising the cement sector through the utilisation of CCUS.
“We are confident that this partnership and the operating experience of CEMEX will help us bring down the cost of carbon capture to just $30/ton of CO2 captured by 2021, which will help accelerate take-up of the technology across the cement industry and beyond.”
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