January 31, 2024
BY Howden
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Brineworks has secured €5 million in seed funding, led by SeaX Ventures, to bring its ultra low-cost Direct Air Capture technology to market. With operations expected by 2026, the company is positioned to deliver durable, renewable-based carbon removal at scale.
Holcim UK has appointed a new Carbon Capture, Utilization, and Storage (CCUS) Director to advance its strategy toward near-zero cement production. The role will lead Holcim’s CCUS projects and reinforce the company’s commitment to scaling carbon capture as a key pathway to net zero.
Schneider Electric has signed a landmark agreement with Climeworks to purchase 31,000 tons of high-durability carbon removal through 2039. The deal, Climeworks’ largest portfolio to date, includes Direct Air Capture and Storage, BECCS, and Enhanced Rock Weathering solutions.
Capsol Technologies has been awarded its first carbon capture study for a European metal production plant, evaluating the use of its CapsolEoP® end-of-pipe solution. The project could capture several hundred thousand tonnes of CO₂ annually in one of the world’s most carbon-intensive sectors.
AtmosClear has selected ExxonMobil to provide CO₂ transportation and storage services for its planned carbon capture projects. The agreement covers long-term sequestration of captured emissions in secure geological formations, supporting AtmosClear’s strategy to scale durable carbon removal.