November 14, 2023
BY Fortera Corporation
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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.
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.
Gevo has signed a multi-year agreement with Swedish carbon removal firm Biorecro. The deal aims to accelerate the commercialization of carbon dioxide removal credits through its subsidiary, Net-Zero Richardton, at the Gevo North Dakota facility.
Microsoft’s Climate Innovation Fund has invested in Fortera to scale production of its ReAct™ low-carbon cement, securing rights to procure cement and environmental attribute certificates. The funding supports the construction of Fortera’s first full-scale 400,000 ton-per-year commercial plant.