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Air Liquide and Cementir Holding Group's ACCSION Project Receives 220 Million Euros from European Innovation Fund for Carbon Capture and Storage in Denmark

Oct 24, 2024over 1 year ago

Contract Type

partnership

AalborgManufacturing

Description

Air Liquide and Cementir Holding Group, through their joint decarbonization project ACCSION, have received 220 million euros in project support from the European Commission's Innovation Fund. The project aims to significantly reduce CO2 emissions from the Aalborg Portland cement plant in Denmark, and is set to be operational by the end of 2029.

Company Information

Company

Air Liquide and Cementir Holding Group

Location

Aalborg, North Denmark Region, Denmark

About

Air Liquide is a French multinational company that supplies industrial gases and services to various industries including medical, chemical, and electronic manufacturers. Cementir Holding Group is an international company specializing in cement production and distribution.

Predictive Intelligence
Strategic

ML-powered predictions for Air Liquide and Cementir Holding Group's next move

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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