Holcim invests in SaltX’s plasma technology for scalable near-zero cement production
- Unique plasma technology decarbonizes the cement production process
- Investment to establish world’s first plant for all-electric cement production
- Expands Holcim’s wide range of decarbonization technologies, centred around its open innovation ecosystem and MAQER Ventures investment unit
Holcim has invested in SaltX Technology, a listed Swedish company specializing in the electrification of industrial processes. Using renewable electricity, SaltX’s electric plasma technology produces clinker while concentrating carbon emissions from primary materials, enabling more efficient carbon capture. As the leading partner for sustainable construction, Holcim’s collaboration with SaltX aims to establish the world’s first plant for all-electric cement production.
Ram Muthu, Head of Operational Excellence, Holcim: “By combining Holcim’s expertise with SaltX’s groundbreaking technology, we have an additional lever to decarbonize the entire cement manufacturing process. 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.”
Lina Jorheden, CEO, SaltX: “This partnership is a major recognition of our technology and our long-term vision. Together with Holcim, who is an ideal partner for us, we are now taking the next step to scale and industrialize our solution through close technical and commercial collaboration.”
This investment broadens Holcim's wide range of decarbonization technologies. These are centred around Holcim's open innovation ecosystem, through which it is assessing more than 500 startups annually. Holcim has made 17 investments to date through MAQER Ventures, its corporate venture capital unit, to scale groundbreaking technologies in the built environment.
About Holcim
Holcim (SIX: HOLN) is the leading partner for sustainable construction with net sales of CHF 16.2 billion1 in 2024, creating value across the built environment from infrastructure and industry to buildings. Headquartered in Zug, Switzerland, Holcim has more than 48,000 employees in 45 attractive markets – across Europe, Latin America and Asia, Middle East & Africa. Holcim offers high-value end-to-end Building Materials and Building Solutions, from foundations and flooring to roofing and walling – powered by premium brands including ECOPlanet, ECOPact, and ECOCycle®.
Learn more about Holcim on www.holcim.com, and by following us on LinkedIn.
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1 Net sales 2024 restated following spin-off; excludes net sales to Amrize.
Important disclaimer – forward-looking statements:
This document contains forward-looking statements. Such forward-looking statements do not constitute forecasts regarding results or any other performance indicator, but rather trends or targets, as the case may be, including with respect to plans, initiatives, events, products, solutions and services, their development and potential. Although Holcim believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions as at the time of publishing this document, investors are cautioned that these statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are difficult to predict and generally beyond the control of Holcim, including but not limited to the risks described in the Holcim's annual report available on its website (www.holcim.com) and uncertainties related to the market conditions and the implementation of our plans. Accordingly, we caution you against relying on forward-looking statements. Holcim does not undertake to provide updates of these forward-looking statements.
