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Value Group Welcomes €2M Investment from Energy Transition Fund Rotterdam to Accelerate CO₂ Hub

November 26, 2024

BY Value Maritime

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Carmeuse partners with Holcim Romania on Eastern Europe's first large-scale carbon capture and storage project

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By Carmeuse

March 30, 2026

Storage 

Carmeuse and Holcim Romania have formalized their partnership in Carbon Hub CPT01, Eastern Europe's first large-scale onshore carbon capture and storage project, following Holcim Romania's grant agreement with the European Climate, Infrastructure and Environment Executive Agency. Funded by the EU Innovation Fund, the Câmpulung-based project will produce approximately 2 million tonnes of near-zero cement and 200,000 tonnes of near-zero lime annually, supporting both companies' net-zero goals and broader European decarbonization policy.

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The EPA has approved a permit for One Carbon Partnership to inject and store up to 13.5 million metric tons of CO₂ underground over 30 years at an ethanol facility in Randolph County, Indiana, with monitoring requirements extending 50 years post-injection to protect drinking water sources.

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Nikkiso CE&IG supported the commissioning of Deep Sky Alpha in Alberta, Canada’s first operational facility to capture and permanently store atmospheric CO2 in sedimentary formations. The technology-agnostic DAC platform integrates multiple capture systems and is designed to remove up to 3,000 metric tons of CO2 annually, marking a significant step toward the commercialization and industrialization of scalable carbon removal technologies.

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Gevo has named Alex Clayton Chief Carbon Officer as part of its strategic realignment, aiming to expand its voluntary carbon market business. The company’s North Dakota facility produces engineered carbon dioxide removal credits with thousand-year permanence, supporting both emissions reduction and new revenue opportunities.

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Denmark has awarded its first nearshore CO₂ storage exploration licence to TotalEnergies and Mitsui, with Nordsøfonden taking a 20% stake. The project expands Denmark’s efforts to develop large-scale carbon storage and supports national climate goals.

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