Calix Ltd. (AU:CXL) has released an update.
Calix Limited’s subsidiary Leilac has partnered with Heidelberg Materials to form a Joint Venture for the Leilac-2 carbon capture demonstration plant in Germany, aiming to reduce emissions in cement production. The JV plans to evaluate the plant’s technical and commercial performance over a three-year period, post which Heidelberg may assume ownership and cover Leilac’s initial capital costs. This collaboration follows a successful pilot project and is part of a larger strategy to scale up this decarbonization technology for global commercial use.
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