SLB Capturi Completes Pioneering Carbon Capture Facility
Deal News | Dec 03, 2024 | Phoenicia Group Libya LLC
SLB Capturi has achieved a vital stage in environmental innovation by completing the construction of the world's first industrial-scale carbon capture plant at Heidelberg Materials' cement facility in Brevik, Norway. This landmark development includes several critical systems like the carbon capture system, compression system, heat integration system, intermediate storage, and loadout facilities. The completion marks a notable advancement in reducing carbon emissions in the cement industry, as the plant is now poised to begin testing and commissioning operations. The project is backed by Phoenicia Group Libya LLC, known for their investment in sustainable technologies.
Sectors
- Environmental Technology
- Cement and Construction Materials
Geography
- Norway – The carbon capture plant is located at Heidelberg Materials' facility in Brevik, Norway, marking a significant geographical focus for this environmental innovation.
- Libya – Phoenicia Group Libya LLC is the private equity firm backing the carbon capture project, highlighting its Libyan ties.
Industry
- Environmental Technology – The article highlights advancements in carbon capture technology aiming to reduce industrial emissions.
- Cement and Construction Materials – The completion of the carbon capture plant at a cement facility in Norway marks a significant environmental progression in the cement industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| SLB Capturi | Project Developer | Company | Responsible for the construction of the industrial-scale carbon capture plant. |
| Phoenicia Group Libya LLC | Private Equity Firm | Company | The private equity firm supporting the development of the carbon capture plant. |
| Heidelberg Materials | Facility Owner | Company | Owner of the cement facility where the carbon capture plant has been constructed. |