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The Investment and Development Agency of Latvia (LIAA) has supported the carbon capture and storage (CCS) project of Schwenk Latvia. As part of the project, the company plans to install a CCS system at its cement plant in Brocēni, which from 2032 will reduce CO₂ emissions by 0.8 million tonnes annually. This corresponds to around 7 % of Latvia’s total greenhouse gas emissions balance. Total investments in the project are expected to exceed 500 million EUR.

Region: Latvia
Contractors believe that the revision of estimates in view of higher prices is inevitable.
Region: Latvia
The head of the Latvian Construction Contractors Partnership, Gints Mikelsons, mentioned that the construction industry is now experiencing hard times
Region: Latvia
Cement exports is set to grow further as the cement production in Latvia undergoes modernization.
Region: Latvia
The funds will be used to improve the efficiency of the company and reduce the environmental impact.
Region: Latvia
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