Enagás, Holcim and Saggas are driving the transformation of the Spanish cement industry with the pioneering CO2 necta project. The three companies have announced an agreement for the joint development of an innovative project for the decarbonisation of the CO2-intensive process industry, within the framework of a technical visit to Holcim's Sagunto cement plant in Valencia, Spain.
Enagás CEO, Arturo Gonzalo, Holcim Spain CEO, Ricardo de Pablos, and Saggas' General Manager, Santiago Álvarez, have announced the 'CO2 necta Project', which will create an integrated value chain of capture, transport and storage in Sagunto, which will avoid the emission of more than 560,000tpa of CO2 in the municipality.
The project will develop a CO2 capture plant at the Sagunto plant, which will be transported via Enagás infrastructure to the Saggas terminal, located in the Port of Sagunto, where a liquefaction process will take place. Once in a liquid state, the CO2 will be transported by ship to its final geological storage.
The consortium formed by Enagás, Holcim and Saggas is based on the establishment of a pioneering model of circular economy, and decarbonisation in the municipality of Sagunto and its surroundings. CO2 necta will boost the local and national economy, especially in strategic sectors, where CO2 emissions are hard to abate.
Mr Gonzalo highlighted that “CO2 necta contributes with innovative solutions to jointly advance our decarbonisation commitments, especially relevant in non-recyclable strategic sectors”, and added that “this pioneering project promotes sustainable management of CO2 in Spain and Europe, and highlights the role of strategic infrastructures such as Saggas in leading decarbonisation in the industry, enhancing the competitiveness of the sector.”
Mr De Pablos highlighted that “industrial decarbonisation requires intersectoral alliances and projects that allow the development of the CO2 value chain, with transport infrastructures and logistics hubs to promote economies of scale, making the transformation of the industry possible.”
Mr Gonzalo and Mr Pablos toured the Saggas LNG terminal, in which Enagás has a 72.5 per cent stake, and the Holcim plant in Sagunto, key infrastructures in the value chain contemplated by the project.
