A number of companies are to conduct a joint study into the possibility of adding a "carbon capture facility" to a cement plant in Florence, Colorado.
The study will be carried out by LafargeHolcim, the owner of the plant, together with Canadian carbon capture company Svante, Occidental Petroleum subsidiary Oxy Low Carbon Ventures (OLCV) and French oil and gas producer Total. It will assess the "viability and design" of a unit that would be capable of capturing 725,000 tonnes of carbon dioxide a year.
LafargeHolcim said in a press release that Svante’s method of capturing carbon directly from industrial sources costed half as much as other current techniques.
Jan Jenisch, LafargeHolcim’s chief executive, said: "Being at the forefront of the low-carbon transition requires continuous innovation and partnerships. LafargeHolcim has significantly invested in the development of low-carbon solutions. Collaborating with Svante, OLCV and Total, we expect to realise a successful US carbon-capture project in the near future."
Marie-NoÃ«lle Semeria, Total’s senior vice president, said: "Total has slated 10% of its annual R&D budget to make significant advances in carbon capture, utilisation and storage (CCUS) technology, a key technology to curb worldwide carbon emissions. Our investment in this joint study is directly aligned with our strategy. The learnings from this study will help us pursue our commitment to the commercial development of CCUS."
Image courtesy of Svante Inc