Holcim Group Services Ltd: Holcim awarded EU Innovation Fund grant for large-scale cleantech project in France

Holcim Group Services Ltd / Key word(s): Miscellaneous
Holcim awarded EU Innovation Fund grant for large-scale cleantech project in France

24.10.2024 / 07:00 CET/CEST

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• Carbon capture and storage project in Martres-Tolosane, France, selected for EU Innovation Fund grant
• Highly scalable project harnesses mature technologies and deep partnerships
• Holcim now has seven large-scale EU-supported CCUS projects to advance European Green Deal

Holcim has been selected for a new grant from the European Union (EU) Innovation Fund for its breakthrough carbon capture and storage project in Martres-Tolosane, France. This grant for the CarboClearTech project brings the number of Holcim's large-scale EU-supported carbon capture, utilization and storage (CCUS) projects to seven, advancing the European Green Deal.

Miljan Gutovic, CEO: "Holcim is on course to make net-zero cement and concrete a reality at scale this decade. This support from the EU Innovation Fund testifies to the strength of our engineering teams, the maturity of our technologies and advanced partnerships that span the value chain. With our robust project pipeline, we are the partner of choice to put clean technologies to work for a net-zero future."

The EU Innovation Fund is one of the world's largest funding programs for innovative technologies. This year, the Fund selected 85 large-scale clean-tech projects out of 337 submitted to receive grants totalling EUR 4.8 billion, including three projects in Holcim's sector.

Holcim is driving a broad range of clean construction technologies, with CCUS as a key lever alongside innovative raw materials, fossil fuel-free energy and other advanced technologies. Through its Holcim MAQER Ventures program, the company also works with hundreds of startups to scale disruptive technologies.

About Holcim
Holcim is a global leader in innovative and sustainable building solutions with net sales of CHF 27.0 billion in 2023. Our 63,448 employees are driven by our purpose to build progress for people and the planet across our regions to improve living standards for all. We partner with our customers to offer the broadest range of advanced solutions, from sustainable building materials ECOPact and ECOPlanet, to our circular technology ECOCycle®, all the way to Elevate's advanced roofing and insulation systems.

Learn more about Holcim on www.holcim.com, and by following us on LinkedIn.

Sign up for Holcim's Building Progress newsletter here and follow our journey to a net-zero future.

Important disclaimer - forward-looking statements:
This document contains forward-looking statements. Such forward-looking statements do not constitute forecasts regarding results or any other performance indicator, but rather trends or targets, as the case may be, including with respect to plans, initiatives, events, products, solutions and services, their development and potential. Although Holcim believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions as at the time of publishing this document, investors are cautioned that these statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are difficult to predict and generally beyond the control of Holcim, including but not limited to the risks described in the Holcim's annual report available on its website (www.holcim.com) and uncertainties related to the market conditions and the implementation of our plans. Accordingly, we caution you against relying on forward-looking statements. Holcim does not undertake to provide updates of these forward-looking statements.

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2014777 24.10.2024 CET/CEST