The European Innovation Fund granted €190 million HeidelbergCement’s Bulgarian subsidiary Devnya Cement for its ANRAV CCS project. The aim is to capture 800,000 tonnes of CO2 per year from the high-tech clinker and cement plant and transport it by pipeline to a depleted offshore gas field under the Black Sea for permanent storage. The project could start operations by 2028 and would be open to other industries in the border regions of Romania and Greece.
