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Jul 17, 2023 18:14 EEST
July 17 (SeeNews) - Holcim Croatia, part of building materials producer LafargeHolcim, said on Monday that the Innovation Fund of the European Union will co-finance its 237 million euro ($266 million) decarbonisaton project.
The investment will allow Holcim to achieve carbon neutral production of cement for the first time in Croatia, the company said in a press release.
The project, named KOdeCO Net Zero envisages to catch and store CO2 and its implementation is under way at the company’s cement factory in Koromacno, northern Croatia.
“Holcim launched decarbonisation in Croatia in 1997 and since then through different projects we have cut the carbon footprint of our cement by 35% per tonne,” CEO Dario Vrabec said in the press release.
($ = 0.891 euro)
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