Holcim has been selected for a new grant from the European Union (EU) Innovation Fund for its breakthrough carbon capture and storage project in Martres-Tolosane, France.
This grant for the CarboClearTech project brings the number of Holcim’s large-scale EU-supported carbon capture, utilization and storage (CCUS) projects to seven, advancing the European Green Deal.
The EU Innovation Fund is one of the world's largest funding programs for innovative technologies. This year, the Fund selected 85 large-scale clean-tech projects out of 337 submitted to receive grants totalling EUR 4.8 billion, including three projects in Holcim’s sector.
Holcim is driving a broad range of clean construction technologies, with CCUS as a key lever alongside innovative raw materials, fossil fuel-free energy and other advanced technologies. Through its Holcim MAQER Ventures program, the company also works with hundreds of startups to scale disruptive technologies.
