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News Neustark announces upcoming rapid expansion in Europe

Neustark announces upcoming rapid expansion in Europe

Written by Global Cement staff 19 January 2024
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Switzerland: Carbon capture and storage (CCS) equipment developer and supplier Neustark says it plans to more than double the number of its CO2 storage sites in Austria, France, Germany, Switzerland and the UK to 34 from 14. Neustark’s process turns mineralised captured CO2 and existing mineral waste streams into useful limestone. Building materials producers lease Neustark’s storage sites to produce reduced-CO2 alternatives such as recycled concrete. The sites currently have a total storage capacity of 5000t. Existing customers include Holcim.

Neustark CEO Johannes Tiefenthaler said “Neustark is scaling up rapidly, and we’re well on track to achieve our aim of permanently removing 1Mt of CO₂ by 2030. Our global goal is a series of reliable, region-specific CCS facilities that can be replicated anywhere, offering immediate sustainability benefits to local supply chains.”

Last modified on 24 January 2024
Published in Global Cement News
Tagged under
  • Switzerland
  • carbon capture
  • CCS
  • Neustark
  • Europe
  • Austria
  • France
  • Germany
  • UK
  • circular economy
  • recycled concrete paste
  • concrete
  • Sustainability
  • CO2
  • growth
  • startup
  • GCW643
  • CCUS
  • decarbonisation
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