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Press Release

Thyssenkrupp Wins Engineering Contract for One of the Largest Carbon Capture Projects in Europe

Published by Todd Bush on October 10, 2024

thyssenkrupp and TITAN Group signed today in the Greek capital Athens a Front-End Engineering Design (FEED) contract for the Carbon Capture Project IFESTOS. IFESTOS is one of the largest carbon capture projects in Europe, enabling the production of zero-carbon cement and concrete.

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The signing ceremony was attended by Marcel Cobuz, Chairman of TITAN Group Executive Committee, Samir Cairae, Chief Technology Officer of TITAN Group, Leonidas Canellopoulos, Chief Sustainability and Innovation Officer of TITAN Group, Dr. Cetin Nazikkol, Chief Strategy Officer at thyssenkrupp Decarbon Technologies, and Christian Myland, CEO thyssenkrupp Polysius.

The engineering contract provides for thyssenkrupp to design and equip the two kiln lines of the Kamari cement plant with oxyfuel systems for CO2 capture. This technology will enable the plant's CO2 emissions to be reduced almost completely. The plant is scheduled to go into full operation at the end of 2029.

“With the oxyfuel technology we have developed, around 1.9 million t of CO2 can be captured annually at the Kamari plant alone,” says Dr. Cetin Nazikkol, Chief Strategy Officer at thyssenkrupp Decarbon Technologies. “This corresponds to around twelve percent of all greenhouse gas emissions from Greek industry. We are thus making a significant contribution to one of the largest CO2 capture projects in Europe.”

The captured CO2 is then liquefied and transported to a permanent storage site in the Mediterranean region. This makes thyssenkrupp’s technology the starting point for the development of important CCS value chains in southern Europe.

For our customer TITAN Group, we will be using the latest CO2 separation technology. We will design and equip the first kiln line with the proven oxyfuel technology. When modernizing the second kiln line, the latest generation of this technology will be used with the pure oxyfuel system. Overall, this will enable us to capture almost 100 percent of CO2 emissions,” adds Christian Myland, CEO of thyssenkrupp Polysius.

Cement is one of the world's most important building materials. However, global cement production is also responsible for around seven percent of global CO2 emissions. A switch to climate-friendly processes is therefore unavoidable. With global annual cement production of more than four billion t, there is still great growth potential for thyssenkrupp’s CO2 capture technologies. Equipment from thyssenkrupp is already installed or services are provided in around a third of all cement plants worldwide.

Marcel Cobuz, Chairman of TITAN Group Executive Committee, states: “This partnership further advances our efforts to achieve net-zero emissions and produce zero-carbon cement. We are committed to driving meaningful decarbonization initiatives that align with our vision for a sustainable future. IFESTOS is a complex project and we are aligning multiple stakeholders across the value chain at a fast pace. It is currently the largest carbon capture project in Europe and is expected to have a highly positive impact in advancing our sustainability targets and offering green cements as modern materials for infrastructure and housing.”

“TITAN is harnessing cutting-edge carbon capture technologies in collaboration with global leaders who share our commitment to green innovation,” says Samir Cairae, Chief Technology Officer of TITAN Group. ”The agreement with our partners on conducting this particular FEED study on oxyfuel technology is the next step in the technical implementation of the IFESTOS project and establishes that we are moving systematically closer to our target. We are proud to be at the forefront of our industry’s technological transition to a more sustainable future.”

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