May 28, 2026
BY Valmet
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Australian startup MCi Carbon plans to raise US$50 million to expand its carbon capture technology after opening a demonstration plant in Newcastle. The company's process converts captured CO2 into materials used in construction, positioning it to benefit from growing global demand for carbon reduction solutions.
Holcim has launched CaptureLab, the cement industry's first industrial-scale carbon capture test platform, in Martres-Tolosane, France. The 2,500-square-meter facility uses an open innovation model to allow manufacturers, startups and researchers to test and validate advanced capture technologies in real-world conditions. The platform launches with an initial pilot project in partnership with Air Liquide.
The U.S. Department of Energy has selected the TerraSpark Energy Campus to receive up to $18.5 million in federal funding to support development of a 1.6-gigawatt coal-fired power facility with carbon capture technology in West Virginia. The project is expected to advance engineering and permitting work while supporting energy production, carbon management and job creation.
Svante Technologies and a sustainable packaging company have moved a BECCS project at a southeastern U.S. paper mill into feasibility study, targeting removal of more than 500,000 tonnes of biogenic CO₂ per year with permanent storage planned in the Gulf Coast region.
The Global Cement and Concrete Association and the Global CCS Institute have signed a two-year partnership agreement to accelerate the deployment of carbon capture and storage technologies across the global cement and concrete industry through collaboration on policy, technical knowledge sharing and stakeholder engagement.