The CEO of Enagás, Arturo Gonzalo, and the CEO of Votorantim Cimentos in Spain, Alan Svaiter, together with the Chief Operating Officer (COO) & Carbon Solutions of Votorantim Cimentos Europe, Asia and Africa, Günther Smetana, have signed an agreement to jointly develop projects for the sustainable management of CO2 from the respective areas of activity of the two companies.
Votorantim Cimentos will develop CO2 capture technologies in its cement plants and Enagás will study solutions for its transport, liquefaction, storage and loading onto ships in its regasification terminals, located in the catchment area of the Votorantim Cimentos plants.
Enagás CEO Arturo Gonzalo stressed that “Enagás and Votorantim Cimentos have clear synergies to jointly advance their commitments to reduce their carbon footprint and, based on the knowledge of their areas of activity, they have the opportunity to take the initiative to develop more effective sustainable CO2 management technologies, which will be key to achieving the decarbonisation objectives in Spain and Europe.”
In the words of Alan Svaiter, CEO of Votorantim Cimentos in Spain, “the development of logistics infrastructure for the transport and storage of CO2 in Spain is essential for the decarbonisation of our activity and for achieving our goal of climate neutrality by 2050”.
Under the terms of the agreement, Enagás and Votorantim Cimentos will study the possibility of jointly participating in European funding application processes, such as Innovation Funds and Projects of Common Interest (PCI), to explore future synergies.
Reducing CO2 emissions and transporting them is of growing interest in Spain. The results of Enagás' non-binding Call For Interest process, presented on the Second Hydrogen Day in January 2024, identified a total of 37 companies interested in capturing CO2 - to reduce a total of 10.4 million tpy (Mt/y) - and 53 companies interested in having infrastructure for its transport and storage.
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