211
Heidelberg CEO Dominik von Achten emphasizes the importance of finding an economically feasible solution to avoid losing investor interest. Norway is willing to cover 85% of the costs, up to 400 million euros, making the project the first major example of carbon capture in the industry.
Advertising
Despite the government’s support, the cost of carbon-free cement could be significantly higher. Forecasts suggest that its price could reach three times the cost of conventional cement. However, the company is confident that consumers are willing to pay more for an environmentally friendly product. The first contracts have already been signed for the supply of cement for the construction of the Nobel Center in Stockholm.