LafargeHolcim and Schlumberger New Energy to explore CCS solutions
Switzerland-headed global aggregates, concrete, cement, and building materials major LafargeHolcim Ltd has announced that it is partnering with Schlumberger New Energy, a Schlumberger Ltd company and global provider of technology to the energy industry. The technology-driven partnership brings together the complementary expertise of the two companies to capture carbon at LafargeHolcim’s cement plants and store it using Schlumberger technologies.
According to a joint statement, LafargeHolcim and Schlumberger New Energy will explore the development of Carbon Capture and Storage (CCS) solutions.
The two companies will study the feasibility of capturing carbon from two LafargeHolcim cement plants, based in Europe and North America, using Schlumberger’s carbon sequestration technologies, and this partnership paves the way for both companies to make “strong inroads” in carbon solutions.
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, said Magali Anderson, Chief Sustainability Officer, LafargeHolcim.
LafargeHolcim says that it is piloting more than twenty Carbon Capture projects across Europe and North America to identify the most promising ventures with scale-up potential.
Schlumberger New Energy is partnering with leaders in a range of strategic sectors to demonstrate carbon solutions across a wide range of projects, and this collaboration is a step towards developing a blueprint for large-scale deployment of CCS solutions in transformational sectors.
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, said Ashok Belani, EVP Schlumberger New Energy.