logo
First carbon capture cement facility opens in Norway

First carbon capture cement facility opens in Norway

BREVIK (Norway): Norway on Wednesday inaugurated the first large-scale facility for capturing carbon dioxide emissions at a cement plant, making it possible to manufacture the world's first 'carbon free' cement.
The Heidelberg Materials plant in Brevik in southeastern Norway can now capture up to 400,000 tonnes of CO2 per year — 50 percent of its emissions — thanks to amino-based solvents.
Through a 'book and claim' system, the company, one of the world's biggest cement producers and more than a century old, will be able to virtually redistribute the gain to its other cement plants and thereby offer clients partially or fully decarbonised products.
'This cement product will be near zero (emissions),' Heidelberg Materials chief executive Dominik von Achten told AFP.
Once transformed into the final product concrete, which absorbs small quantities of CO2 throughout its life cycle, 'it will be net zero', he said.
The volume of decarbonised cement sold will depend on the amount of CO2 actually captured at Brevik, and the type of cement sold, as the amount of carbon varies from product to product.
But according to Heidelberg Materials, it will be around several hundreds of thousands of tonnes — a fraction of the annual global cement production of 4.2 billion tonnes.
Cement production alone accounts for seven percent of global greenhouse gases, according to the Global Cement and Concrete Association.
The partial decarbonisation of the cement plant in Brevik is part of the Longship project, backed by the Norwegian state, aimed at reducing greenhouse gas emissions.
Launched on Tuesday, Longship will capture carbon dioxide emitted from industrial sites — the Heidelberg cement plant and, in a later stage, an incineration plant — and transport it by ship to a terminal on Norway's west coast, where it will be injected and stored beneath the seabed.
The Norwegian state will cover 22 billion kroner ($2.2 billion) of the total estimated cost of 34 billion kroner for the installation and operation over the first 10 years.
It is 'an incredibly important technology to (enable us to) respect our (climate) commitments under the Paris Agreement', Norwegian Energy Minister Terje Aasland told AFP.
'If we want to meet the climate challenges we are facing, we have to capture CO2, especially in the industries where there are no alternatives,' he added, citing cement production as an example.
Carbon capture and storage is backed by the UN's Intergovernmental Panel on Climate Change (IPCC) as a way of reducing the carbon footprint of industries hard to decarbonise, such as cement and steel.
But the technology remains complex and expensive.
Without financial assistance, it is currently more profitable for industries to purchase 'pollution permits' on the European carbon market than to pay for capturing, transporting and storing their CO2.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Gulf states on Iran's doorstep scramble for end of war
Gulf states on Iran's doorstep scramble for end of war

Business Recorder

time4 hours ago

  • Business Recorder

Gulf states on Iran's doorstep scramble for end of war

DOHA: As Iran and Israel trade strikes and the US weighs joining in, wealthy Gulf states on the conflict's doorstep are engaged in frantic diplomacy to halt the war — but solutions remain elusive. A spillover of the conflict or the Iranian government's collapse are both worrying outcomes for the energy-rich region, which hosts several major US military bases. Peace and stability have been central to the rise of Gulf powers including Qatar, Saudi Arabia and the United Arab Emirates, who are pivoting their economies towards business and tourism. Hoping to avert the crisis, Saudi Arabia, the world's biggest oil exporter, has been talking to Iran and the United States since 'day one', Ali Shihabi, an analyst close to the royal court, told AFP. 'But it does not look promising that something will happen very soon,' he added. Crown Prince Mohammed bin Salman, the de facto Saudi ruler, and the UAE's President Sheikh Mohamed bin Zayed Al Nahyan, have both spoken to Iran's President Masoud Pezeshkian in recent days. The Emirati president also held a phone call on Wednesday with Russia's President Vladimir Putin, an ally of Iran, who offered to mediate in the conflict. Israel's launching of the war scuppered Oman-brokered talks between Tehran and Washington that were supported by Gulf nations, who have been pursuing a detente with their giant neighbour after years of strained ties. On Tuesday, US President Donald Trump demanded Iran's 'unconditional surrender' and warned it could easily assassinate its supreme leader, fuelling fears of American intervention. Hours later, the UAE's Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan said the Gulf country's president had 'conducted intensive diplomatic calls... to de-escalate tensions and prevent the conflict from spreading'. Sheikh Abdullah warned against 'reckless and miscalculated actions that could extend beyond the borders of the two countries', in a strongly worded statement published by the official WAM news agency. Trump had initially urged Iran to come to the negotiating table, but an official briefed on talks said Tehran told Qatar and Oman that it 'will not negotiate while under attack'. Oman, Iran's traditional intermediary, said it was engaged in diplomatic efforts as the daily strikes continue. Meanwhile Qatar, a key mediator in the Israel-Hamas war and a negotiator with Iran in the past, has also been 'engaging daily' with the US, its foreign ministry spokesperson said on Tuesday. Former Qatari Prime Minister Hamad bin Jassim Al Thani warned on X that 'it is not in the interest of the Gulf states to see Iran... collapse', adding that they would be 'the first to be harmed' by the war's repercussions. An Arab diplomat told AFP: 'Everyone in the Gulf is going to say we are better off making sure we have a deal with Iran, a diplomatic solution with Iran.' Shihabi, the Saudi analyst, echoed the sentiment, saying the best outcome was 'obviously an agreement between Iran and (the) US'. Diplomatic intervention by Saudi Arabia, once a fierce critic of Iran, comes two years after they restored ties. The UAE, which recognised Israel in 2020, has also patched up relations with Tehran since 2022. 'Whereas the Saudis may have once called for 'cutting off the head of the snake', their approach toward Iran has shifted dramatically,' said Hasan Alhasan, a senior fellow for Middle East policy at the International Institute for Strategic Studies. However, 'the Arab Gulf states have almost no ability to shape Israel's or Iran's behaviour or influence the outcome of this war,' he told AFP. 'It is difficult to see how Israel's military campaign against Iran, whose objectives seem to have quickly metastasised from eliminating Iran's nuclear and missiles programmes to overthrowing the regime, ends well for Iran's Arab Gulf neighbours,' Alhasan added.

First carbon capture cement facility opens in Norway
First carbon capture cement facility opens in Norway

Business Recorder

time5 hours ago

  • Business Recorder

First carbon capture cement facility opens in Norway

BREVIK (Norway): Norway on Wednesday inaugurated the first large-scale facility for capturing carbon dioxide emissions at a cement plant, making it possible to manufacture the world's first 'carbon free' cement. The Heidelberg Materials plant in Brevik in southeastern Norway can now capture up to 400,000 tonnes of CO2 per year — 50 percent of its emissions — thanks to amino-based solvents. Through a 'book and claim' system, the company, one of the world's biggest cement producers and more than a century old, will be able to virtually redistribute the gain to its other cement plants and thereby offer clients partially or fully decarbonised products. 'This cement product will be near zero (emissions),' Heidelberg Materials chief executive Dominik von Achten told AFP. Once transformed into the final product concrete, which absorbs small quantities of CO2 throughout its life cycle, 'it will be net zero', he said. The volume of decarbonised cement sold will depend on the amount of CO2 actually captured at Brevik, and the type of cement sold, as the amount of carbon varies from product to product. But according to Heidelberg Materials, it will be around several hundreds of thousands of tonnes — a fraction of the annual global cement production of 4.2 billion tonnes. Cement production alone accounts for seven percent of global greenhouse gases, according to the Global Cement and Concrete Association. The partial decarbonisation of the cement plant in Brevik is part of the Longship project, backed by the Norwegian state, aimed at reducing greenhouse gas emissions. Launched on Tuesday, Longship will capture carbon dioxide emitted from industrial sites — the Heidelberg cement plant and, in a later stage, an incineration plant — and transport it by ship to a terminal on Norway's west coast, where it will be injected and stored beneath the seabed. The Norwegian state will cover 22 billion kroner ($2.2 billion) of the total estimated cost of 34 billion kroner for the installation and operation over the first 10 years. It is 'an incredibly important technology to (enable us to) respect our (climate) commitments under the Paris Agreement', Norwegian Energy Minister Terje Aasland told AFP. 'If we want to meet the climate challenges we are facing, we have to capture CO2, especially in the industries where there are no alternatives,' he added, citing cement production as an example. Carbon capture and storage is backed by the UN's Intergovernmental Panel on Climate Change (IPCC) as a way of reducing the carbon footprint of industries hard to decarbonise, such as cement and steel. But the technology remains complex and expensive. Without financial assistance, it is currently more profitable for industries to purchase 'pollution permits' on the European carbon market than to pay for capturing, transporting and storing their CO2.

European shares fall as ME tensions weigh
European shares fall as ME tensions weigh

Business Recorder

time6 hours ago

  • Business Recorder

European shares fall as ME tensions weigh

FRANKFURT: European shares declined on Wednesday as investors awaited the Federal Reserve's monetary policy decision, with ongoing tensions in the Middle East adding to market uncertainty. The pan-European STOXX 600 index closed 0.4% down, at a near one-month low. The hostilities between Iran and Israel extended to a sixth day, with fears of a more direct US involvement after President Donald Trump asked for Iran's 'unconditional surrender'. However, Iranian Supreme Leader Ayatollah Ali Khamenei rejected Trump's demand for surrender. Defence stocks were among the biggest gainers, with the sector up 0.6%. Traders also stayed away from risk assets ahead of the Federal Reserve's policy meeting at 1800 GMT, where officials are widely expected to hold interest rates steady. Investors will closely watch policymakers' comments for signals on how the US central bank plans to navigate an uncertain trade environment. 'Rising geopolitical and trade uncertainties mean the Fed's growth and inflation forecasts may lack precision.', said Ipek Ozkardeskaya, senior analyst at Swissquote Bank. The Fed faces additional challenges from potential inflation risks stemming from the escalating Middle East crisis. As the July 8 tariff-pause deadline approaches, many countries, including the EU are scrambling to strike a deal with Washington. European Commission President Ursula von der Leyen was still aiming to reach a deal by July 9. The only formal deal signed was the finalization of the US-UK agreement announced last month. Other major bourses indexes were largely mixed. London's FTSE 100 closed up 0.1% after data showed that British inflation eased as expected in May. Investors are now eyeing the Bank of England's rate decision on Thursday. 'With services inflation still elevated... the BoE looks nailed on to keep rates unchanged,' said Ruth Gregory, deputy chief UK economist at Capital Economics. Sweden's central bank cut its key interest rate to 2.00% from 2.25% as expected. Still, Stockholm's benchmark index dropped 0.1%.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store