Displaying items by tag: Heidelberg Materials Sweden

Sweden: Heidelberg Materials Sweden has said that it will ‘pause’ its carbon capture project at the Slite cement plant in Gotland after the Swedish Energy Agency rejected its application for co-financing under the Industrial Step programme. The producer said that the government is currently ‘not prepared’ to strategically prioritise funds for the project. The project aimed to reduce Sweden’s total CO₂ emissions by 1.8Mt/yr, or around 4% of the country’s total emissions. Heidelberg Materials said that, as production in Slite is not being given a way to adjust with secured long-term competitiveness, Sweden now risks becoming dependent on cement imports in the future and could face weakened security of supply.

Vice president Karin Comstedt Webb said “We have worked for a long time to implement one of the most powerful climate investments in Swedish industrial history with the aim of securing long-term competitiveness. But without the state's continued support for implementation, there are currently insufficient conditions to realise the project in Sweden.”

Sweden: A court has granted Heidelberg Materials a 30-year licence to continue limestone mining at its Slite quarry on the island of Gotland, securing the future of the plant that produces 75% of Sweden’s cement. The court ruling replaces a 2022 four-year concession and follows a 2021 rejection of a long-term extension that had threatened cement rationing and job losses, according to Reuters.

Heidelberg Materials deputy CEO Karin Comstedt Webb said “The permit ensures a robust supply of cement to Sweden's construction sector for many years.”

Sweden: Heidelberg Materials Sweden has called for swifter action to be taken by the government on a planned upgrade to the mains electricity supply to the island of Gotland. The building materials company is planning to build a full-scale carbon capture and sequestration (CCS) unit at its integrated Slite cement plant on the island by 2030. However, the newly approved plans to build two new electrical transmission cables to Gotland are currently scheduled for completion in 2031. The cement plant is expected to require annual electricity requirements of up to 1.5TWh with a power requirement of up to 250MW when the CCS unit is completed.

The cement producer has welcomed the government’s upgrade plans so far but has impressed the urgency of its timeline to build a CCS unit at the Slite plant. It says it is currently considering investing around Euro850m on the project. If completed the CCS unit is expected to capture up to 1.8Mt/yr of CO₂. The company said that this corresponds to approximately 3% of Sweden's emissions annually.