With the support of the Investment and Development Agency of Latvia (LIAA), SCHWENK Latvia’s “Brocēni CC” project has become the first European Union-approved strategic climate-neutral industrial project in the Baltics. As part of the project, more than 500 million euros are planned to be invested in Brocēni, introducing carbon capture technologies and significantly reducing CO₂ emissions in Latvia. The European Commission has approved the project as a strategic project under the Net-Zero…
With the support of the Investment and Development Agency of Latvia (LIAA), SCHWENK Latvia’s “Brocēni CC” project has become the first European Union-approved strategic climate-neutral industrial project in the Baltics. As part of the project, more than 500 million euros are planned to be invested in Brocēni, introducing carbon capture technologies and significantly reducing CO₂ emissions in Latvia. The European Commission has approved the project as a strategic project under the Net-Zero Emissions Industry Act (EU Regulation 2024/1735)—a regulation in the category of decarbonization of energy-intensive industries within the cement sector. The project is scheduled to be completed by 2032. “The investment of more than half a billion euros…
