Oslo (Norway), January 27, 2026
· Investment in Hot Potassium Carbonate (HPC) technology for carbon capture to
support Holcim's decarbonization roadmap
· Broadens Holcim's wide range of decarbonization technologies
Holcim has invested in Capsol Technologies, a listed Norwegian company
specializing in carbon capture technologies. Capsol's post-combustion carbon
capture and heat recovery system delivers superior efficiency with a proven and
safe hot potassium carbonate solvent (HPC). HPC technology is a mature, energy
-efficient chemical absorption process used to remove CO2 from gas streams, that
is widely applicable in post-combustion carbon capture. As the leading partner
for sustainable construction, Holcim aims to apply Capsol's technology to
further advance its decarbonization roadmap and drive profitable growth.
Ram Muthu, Head of Operational Excellence, Holcim: "By combining Holcim's
expertise in cement manufacturing and on-site carbon capture with Capsol's safe
and efficient technology, we have an additional lever to advance decarbonization
and drive profitable growth. Through this strategic investment, we are one step
closer to producing near-zero cement at scale to meet growing customer demand."
Wendy Lam, CEO, Capsol: "Holcim is a leading provider of sustainable
construction solutions and one of the largest cement producers in the world.
They have bold ambitions of producing near-zero cement at scale for customers.
Capsol wants to be part of realizing this ambition. Today, we are proud to share
how we are deepening our collaboration, following a CapsolGo® demonstration
project at Holcim's Dotternhausen plant in 2025. We look forward to further
developing our relationship with Holcim and innovating together for the future."
This investment broadens Holcim's wide range of decarbonization technologies,
centered on its open innovation ecosystem. Holcim is assessing more than 500
startups annually through Holcim MAQER Ventures, its corporate venture capital
unit. Holcim has made 19 investments to date through Holcim MAQER Ventures, and
is constantly working towards scaling groundbreaking decarbonization
technologies in the built environment.
To receive Capsol's stock exchange and press releases via email, subscribe at
capsoltechnologies.com/investors
For further information, please contact:
Jacob Zeno ClausenKrøvel
SVP Investment and Strategy, Capsol Technologies
+47 48403225
jacob.krovel@capsoltechnologies.com
For media:
pr@capsoltechnologies.com
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 45 000 employees in 44 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®.
About Capsol Technologies
Capsol Technologies ASA is a carbon capture technology provider with a goal of
accelerating the transition to a net zero future. The technology combines
inherent heat recovery and generation in a stand-alone unit based on a proven
and safe solvent. Capsol's technology is licensed either directly to customers
or through industrial partners globally. Key segments include cement, biomass,
energy-from-waste and gas turbines. Capsol Technologies is listed on Euronext
Oslo Børs (ticker: CAPSL). For more information visit www.capsoltechnologies.com