Heidelberg Materials North America is pleased to announce that the Government of Canada’s Innovation, Science and Economic Development Canada (ISED) department has committed to finalizing negotiations on a Contribution Agreement for the groundbreaking Carbon Capture, Utilization, and Storage (CCUS) project at the company’s cement plant in Edmonton, Alberta. When realized, this innovative CCUS project will be the world’s first full-scale application of CCUS in the cement sector and will capture more than 1 million metric tons of CO2 annually.
In 2023, the Honorable François-Philippe Champagne, Minister of Innovation, Science and Industry, signed a letter of intent to contribute $275 million for Heidelberg Materials’ pioneering Edmonton CCUS project. The Government has already entered into an agreement for a phase 1 contribution of $49 million for the first phase of this project. Once finalized through an agreement for phase 2, the remainder of this funding, up to $226 million, will contribute to the construction of the cement sector’s first full-scale carbon capture, utilization and storage (CCUS) system and a combined heat and power (CHP) system at its Edmonton cement facility.
The funding for this project has been set aside by the Strategic Innovation Fund (SIF) with the view of supporting the project once Heidelberg Materials makes it Final Investment Decision (FID).
Courtesy of Heidelberg Materials.