Holcim Croatia receives Norway grant for low-carbon cement production

Holcim Croatia, a unit of building materials producer LafargeHolcim, announced it will receive a further grant of HRK 5 million (EUR 664 000) from Innovation Norway, a Norwegian government financial instrument, for a HRK 12,8 million project for low-carbon cement production. The project concerns warehousing, transportation and dozing of pozzolans for production of low-carbon cement and will be carried out at Holcim’s factory in Koromacno, the company said in a statement on its website.

Last year Innovation Norway approved a grant of HRK 3,3 million to the cement factory in Koromacno, in Istria, on the northwestern Croatian Adriatic coast, for another project to develop new brands of cement with a low-carbon footprint. Due to an overall increase of prices, however, the contracted value of the works on the project rose to HRK 16 million from an initially estimated HRK 9,6 million.