LafargeHolcim and Schlumberger to explore carbon capture technology
Construction materials company LafargeHolcim will be collaborating with energy tech firm Schlumberger on large-scale carbon capture technology as the company looks towards net-zero emissions.
The two companies will assess the feasibility of capturing carbon from two of Lafarge's major cement plants, based in North America and Europe, using Schlumberger's carbon sequestering technology.
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The partnership paves the way for the two companies to make waves in carbon solutions.
Carbon capture is the process by which waste carbon dioxide is collected then stored to stop it from entering the atmosphere.
It is considered an essential technology in the energy transition, as companies look to achieve carbon-neutrality, and, in some cases, carbon-negativity.
The collaboration is a step towards developing a blueprint for large-scale deployment of carbon capture and storage solutions within various transformational industries.
Schlumberger New Energy is partnering with leaders in a range of strategic sectors to demonstrate carbon solutions across a wide range of projects and Lafarge is piloting more than 20 carbon capture projects across Europe and North America to identify the most promising ventures with scale-up potential.
Magali Anderson, Chief Sustainability Officer at LafargeHolcim said: “Today’s announcement is further proof of LafargeHolcim’s environmental leadership and commitment to pioneer new solutions to reduce carbon emissions on our journey to become a net-zero company.
"Our partnership with Schlumberger, the world’s leading provider of technology to the global energy industry, will bring new advances in storage that could be replicated at scale across our sites.”
Ashok Belani, Executive Vice President at Schlumberger New Energy said: “Partnering with LafargeHolcim is a unique opportunity to work collaboratively and demonstrate that Carbon Capture and Storage can be done safely and at scale. We are quickly expanding our Schlumberger New Energy activities via strategic partnerships across several industrial sectors.
"This collaboration is an example of an innovative model that joins the world’s global leader in building solutions and the subsurface domain expert to cover all aspects of the Carbon Capture and Storage value chain.”
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Carbon capture is just part of the technology Schlumberger are involved in.
They also have ventures in hydrogen, lithium, geothermal power and geo-energy for heating and cooling buildings.
They style themselves as the global leader in providing cutting-edge technology to the global energy sector.
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