September 20, 2023 at 12:35 pm
Strong new And Holcim They are expanding their partnership: both companies have one Media release According to von Neustark, a “groundbreaking” investment and strategic cooperation agreement has been reached. Holcim, one of the world’s largest building materials producers, has made an unspecified but “significant” investment in a Bern-based climate technology leader to accelerate the scale-up of carbon removal technology.
Additionally, Holcim is committed to using the CO2 storage technology of the spin-off company founded in 2019 Swiss Federal Institute of Technology in Zurich To be presented at its recycling plants around the world. Since May 2023, Holcim has been operating a mobile storage system designed by Newstark. Hundreds will follow at Holcim locations around the world, the statement said. There are expected to be thousands, including systems that will be commissioned by other local and global recycling partners. In this way, Newstark can achieve its “ambition to permanently remove one million tons by 2030. The cooperation with Holcim is a big step in this direction.”
Newstark’s new method consists of biocapturing carbon dioxide at the source, for example in biogas plants. The carbon dioxide is then stored in the demolition materials through an accelerated mineralization process “for millions of years.” According to Newstark, mineralization is one of the few technologies that guarantees true and permanent removal of carbon from the air: “This creates significant negative emissions.”
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