Holcim is investing in SaltX Technology, a Swedish company specializing in the electrification of industrial processes. The collaboration with SaltX aims to establish the world’s first plant for all-electric cement production.
“By combining Holcim’s expertise with SaltX’s groundbreaking technology, we have an additional lever to decarbonize the entire cement manufacturing process,” said Ram Muthu, head of operational excellence, Holcim. “Through this strategic collaboration, we can enhance our ability to produce near-zero cement at scale to meet customer demand as the leading partner for sustainable construction.”
Using renewable electricity, SaltX’s electric plasma technology produces clinker while concentrating carbon emissions from primary materials, enabling more efficient carbon capture.
Holcim has made 17 investments to date through MAQER Ventures, its corporate venture capital unit, to scale groundbreaking technologies in the built environment.