SaltX Technology Holding AB: SaltX and Dalmia Cement have started initial work on a pilot plant for electric cement production in India
SaltX Technology and Dalmia Cement initiated their collaboration in June 2023. The partnership aims to complete a joint pilot plant for electrically produced cement by 2024, incorporating SaltX's Electric Arc Calciner (EAC) technology at one of Dalmia's existing plants. SaltX's visit to India last week marks the beginning of the project and forms the basis for the pre-study work planned to start in the first quarter of 2024.
Dalmia Cement operates seven production facilities in India with an annual production volume exceeding 40 million tons of cement. Dalmia has identified the Rajganga Nagpur Odish facility in central India as the most suitable for the upcoming pilot project based on technical and logistical considerations. Carl-Johan Linér, CEO of SaltX:
"During our visit, I am pleased to confirm that we have now started working together on-site for the upcoming pilot in India. We have met all key individuals in the project and look forward with confidence to starting the pre-study next year."
Dalmia Cement has ambitious expansion plans to meet the significant demand for climate-neutral cement in India's ongoing industrialization and urbanization. The collaboration between the two companies was highlighted during the launch of LeadIT 2.0, Partnership for a Just and Equitable Industry Transition at COP28 in Dubai. Mr. Mahendra Singhi, MD & CEO of Dalmia (Cement) Bharat:
"In line with our ambition to further reduce our carbon footprint, we are delighted to collaborate with SaltX, a leading innovator with electrification and carbon capture technology that has great potential to play a decisive role in our intense work to reduce our carbon emissions."
Material tests are planned to be conducted at SaltX's test and research center in Hofors, Sweden, as part of the pre-study work.
External link: LeadIT 2.0 - Partnerships for a Just and Equitable Industry Transition launch at COP28 (https://invitepeople.com/events/db7b2e376a/seminars/64784)
For more information, please contact:
Carl-Johan Linér, CEO, +46 70 532 08 08
Harald Bauer, CFO, +46 70 810 80 34
About SaltX:
SaltX Technology is a Swedish green technology company that develops and markets sustainable technology that is beneficial to customers, the climate, and society. The company operates in electrification technology primarily for the lime and cement industry and large-scale industrial energy storage. SaltX Technology's stock is listed on the Nasdaq First North Premier Growth Market. For more information, visit www.saltxtechnology.com.
About Dalmia Cement (Bharat) Ltd:
Dalmia Cement (Bharat) Limited (DCBL), a subsidiary of Dalmia Bharat Limited, is a leading player in the cement manufacturing segment and has been in existence since 1939. With a growing capacity, currently pegged at 41.1 million tons, DBL has the fourth-largest cement manufacturing capacity in the country. DCBL prides itself on having one of the lowest carbon footprints in the cement world globally. It is the first cement company to commit to RE100, EP100 & EV100 (first triple joiner) - showing real business leadership in the clean energy transition by taking a joined-up approach. For more information, visit: www.dalmiacement.com/
About Electric Arc Calciner (EAC):
EAC is a patented technology for electric calcination, an industrial process where materials are heated to very high temperatures to alter their characteristics. The technology replaces fossil fuels with renewable energy and separates and isolates the carbon dioxide released from the material during heating, enabling a completely emission-free manufacturing process.