Svante, LafargeHolcim, Oxy Low Carbon Ventures (OLCV), a wholly owned subsidiary of Occidental, and Total have joined forces to assess the viability and design of a commercial-scale carbon capture facility in Colorado, US.
Located at the Holcim Portland Cement Plant in Florence, the facility will be designed to capture up to 725,000 tonnes of carbon dioxide per year directly from the LafargeHolcim cement plant, which would be sequestrated unground permanently by Occidental.
“OLCV is dedicated to advancing low-carbon solutions that will enhance Occidental’s business while reducing emissions,” said Richard Jackson, President of OLCV.
“Participating in this study aligns with our goals of finding an economical pathway toward large-scale application of carbon capture technologies to reduce emissions.”
If successful, the carbon capture facility will employ Svante’s technology to capture carbon directly from industrial sources at half the capital cost of existing solutions.
“LafargeHolcim has significantly invested in the development of low-carbon solutions. Collaborating with Svante, OLCV and Total, we expect to realise a successful US carbon capture project in the near future,” said Jan Jenisch, CEO of LafargeHolcim.
The joint initiative follows the recently launched CO2MENT between Svante, LafargeHolcim and Total in Canada and the Lafarge Richmond cement plant.
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