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CXL - CALIX LIMITED


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Mentioned this stock previously on the IPO thread.

 

CXL commenced trading this morning - https://www.calix.com.au/company_overview.html Calix has been around since 2005 - privately held until now.

 

SP currently 64c - up 20.75% volume 878k - tightly held.

19Buyers - 371,651Shares

11Sellers - 53,030Shares

 

 

Top 20 Holdings

SCULPTOR FINANCE (MD) IRELAND LTD 24,261,250 19.772%

NICHOLAS MERRIMAN 10,499,036 8.556%

CITICORP NOMINEES PTY LIMITED 8,290,005 6.756%

WASHINGTON H SOUL PATTINSON & COMPANY LIMITED 7,547,200 6.151%

MR ADAM VINCENT & MR SINA KASSRA <EMPLOYEE SHARE SCHEME A/C> 6,159,689 5.020%

BNP PARIBAS NOMS PTY LTD <DRP> 4,716,982 3.844%

BNP PARIBAS NOMS PTY LTD <DRP A/C> 4,705,469 3.835%

MARK GEOFFREY SCEATS 2,965,050 2.416%

MARK GEOFFREY SCEATS <SCEATS SUPERANNUATION FUND> 2,759,736 2.249%

RICHARD THWAITE 2,515,125 2.050%

SCULPTOR FINANCE (SI) IRELAND LTD 2,342,500 1.909%

PIGEONS SUPER PTY LIMITED <THE HODGSON FAMILY S/F A/C> 2,091,494 1.704%

JACOB S ULRICH 2,083,133 1.698%

NATIONAL NOMINEES LIMITED 1,886,793 1.538%

MICHAEL ALTENDORF & AMANDA ALTENDORF 1,850,000 1.508%

CITY AND CLAREMONT CAPITAL ASSETS LIMITED 1,792,000 1.460%

SCULPTOR FINANCE (AS) IRELAND LTD 1,521,250 1.240%

SHALLOTTE INVESTMENTS LIMITED 1,500,000 1.222%

BRIAN N C SWEENEY 1,357,501 1.106%

NEIL JAGGER & JENNIFER JAGGER <JENIEL SUPER FUND A/C> 1,224,532 0.998%

TOTALS 92,068,745 75.031%

 

 

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  • 3 months later...

CALIXÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢S LEILAC PROJECT ACHIEVES MAJOR MILESTONE AND GRANT

FUNDING DRAWDOWN

 

Sydney, Australia | October 24, 2018 ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“ Multi-award-winning Australian technology company Calix Limited

(ASX: CXL, ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¹Ãƒƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“CalixÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢ or ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¹Ãƒƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“the CompanyÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢), is pleased to announce that its Low Emissions Intensity Lime and Cement

(LEILAC) Project has successfully completed its second European Commission review, will receive ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’‚¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚¬4.1m

(~A$6.6m) in grant funding drawdown, out of the total ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’‚¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚¬12m (~A$19.4m) funding for the project. The total

funds drawn down in the project are now around ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’‚¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚¬9m (~A$14.6m), with the project remaining on time and

budget for commissioning in April, 2019.

 

CalixÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s portion of the funding drawdown will be ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’‚¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚¬3m (~A$4.85m), which will be used to pay back ~ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’‚¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚¬1.15m (~A$1.85m)

on an EFIC facility put in place to help with financing the project, as well as pay back Calix on cash and resources spent

on the project over the last 18 months. As a result, CalixÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s cash balance is expected to increase by A$3m. The payment

brings CalixÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s total grant income to A$4.9m for the year, on top of over A$27.5m received over the past four years, fully

funding the CompanyÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s R&D programs.

 

The LEILAC Project (www.project-leilac.eu) is a ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’‚¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚¬21m (~A$34m) project (ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’‚¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚¬12m is funded by the EU Horizon 2020

Research and Innovation program) piloting CalixÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s technology in CO2 abatement for the lime and cement industries.

As part of this project, Calix is leading a consortium of some of the worldÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s largest cement and lime companies, as well

as leading European universities and research institutes.

 

SP 0.760 +0.030 (+4.11%) 22:38 ET [ASX]

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  • 9 months later...

SP up 6.41% currently @ 83c on following news

 

Calix and Afepasa enter 10-year distribution licence agreement for agriculture product

Highlights:

ïâ€Å¡Ãƒ‚· Calix has entered a 10-year distribution agreement with one of Europeâââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’¢Ã¢Ã¢â€š¬Ã…¾Ãƒâ€šÃ‚¢s largest suppliers of sulphurbased fertiliser and crop protection products, Afepasa, for Calixâââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’¢Ã¢Ã¢â€š¬Ã…¾Ãƒâ€šÃ‚¢s bioactive magnesium hydroxide for

agriculture

 

ïâ€Å¡Ãƒ‚· Afepasa, a Spanish company manufacturing premium sulphur products operates in more than 80

countries across five continents

 

ïâ€Å¡Ãƒ‚· The distribution agreement, which covers Europe, Africa, and the Middle East, is subject to

performance hurdles, and covers the marketing and selling of Calixâââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’¢Ã¢Ã¢â€š¬Ã…¾Ãƒâ€šÃ‚¢s bioactive materials as an active

ingredient under Afepasa branding

 

ïâ€Å¡Ãƒ‚· Calix has delivered upon its commercialisation strategy for BOOSTER-Mag of pursuing a sales and

marketing licensing model with crop protection companies and distributors, whilst continuing to

manufacture active materials in-house. The Company is continuing to work with some of the worldâââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’¢Ã¢Ã¢â€š¬Ã…¾Ãƒâ€šÃ‚¢s

largest crop protection companies in other regions to enter into similar licensing agreements

 

ïâ€Å¡Ãƒ‚· Calixâââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’¢Ã¢Ã¢â€š¬Ã…¾Ãƒâ€šÃ‚¢s emerging aquaculture water treatment product, AQUA-Cal+, continues to expand in China, with

four more containers ordered before the end of the financial year âââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“ bringing the total for FY18/19 to 12

containers (from 1 in FY17/18)

https://www.asx.com.au/asxpdf/20190807/pdf/...8tpjzqdyj2v.pdf

post-330173-1565156045_thumb.png

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Calix awarded over $3.5M in new projects for technology development in Australia and Europe

Highlights:

ïâ€Å¡Ãƒ‚· Calix is leading a new $9.4m Australian project focused on developing high performance, low-cost,

fast charge-discharge lithium-ion hybrid batteries based on nano-active electrode materials

ïâ€Å¡Ãƒ‚· The new project, The CRC-P for Advanced Hybrid Batteries, will utilise proprietary electrode

materials manufactured by Calix in its BATMn reactor at Bacchus Marsh, Victoria

ïâ€Å¡Ãƒ‚· Calix will receive $3m over 3 years from the Department of Industry, Innovation and Science

ïâ€Å¡Ãƒ‚· The CRC-P aims to establish a platform for a sustainable Australian manufacturing industry

delivering high performance, affordable, and more recyclable lithium ion hybrid batteries

ïâ€Å¡Ãƒ‚· Calix has completed construction, and has commenced commissioning, on its BATMn reactor for

advanced battery materials

ïâ€Å¡Ãƒ‚· The European Union has announced a new $4.8m project for CO2 capture from cement production,

for which Calix Europe will be awarded $0.5m

 

read more - https://www.asx.com.au/asxpdf/20190812/pdf/...dfth7nnz3qd.pdf

 

For more information:

https://www.business.gov.au/assistance/coop...projects-crc-ps

https://www.deakin.edu.au/ifm

https://www.batteryinnovationhub.com.au/

http://www.boronmolecular.com/

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  • 2 months later...

Alex Waislitz's Tiga Trading Pty Ltd/Thorney Technologies Ltd have become a substantial holder in CXL with 5.57% - appear to have taken part in recent CR and associated 100% acquisition of US-based Inland Environmental Resources

 

Calix accelerates US market entry with acquisition of Inland Environmental Resources to drive growth

Sydney, Australia | September 27, 2019 âââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“ Multi-award-winning Australian technology company Calix Limited

(ASX: CXL, âââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’‹Ã…“Calixâââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’¢Ã¢Ã¢â€š¬Ã…¾Ãƒâ€šÃ‚¢ or âââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’‹Ã…“the Companyâââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’¢Ã¢Ã¢â€š¬Ã…¾Ãƒâ€šÃ‚¢), is pleased to announce it has entered into a binding agreement to acquire

100% of US-based Inland Environmental Resources (âââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’…âہ“IERâââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’‚ÂÂ) and successfully completed a placement of $12

million to cover both the cost of the acquisition and additional capital for accelerating US market expansion.

Highlights:

âââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’‚¢ Acquisition: Calix has agreed to acquire IER for US$6.5m (~A$9.3m1

).

âââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’‚¢ IER is a Magnesium Hydroxide Liquid (MHL) business which has specialised in the application of its

MHL for treatment of waste water in food processing industries, founded in 1997.

âââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’‚¢ IER has been steadily building long-term customer relationships over many years.

âââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’‚¢ The acquisition of IER is expected to contribute revenue of A$13.4m and EBITDA of A$1.1m, on an

FY19 pro-forma basis, before synergies and excluding associated acquisition costs.

âââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’‚¢ The acquisition consists of total upfront cash consideration of A$6.4m and deferred, contingent

consideration of A$2.9m.

âââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’‚¢ The acquisition accelerates Calixâââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’¢Ã¢Ã¢â€š¬Ã…¾Ãƒâ€šÃ‚¢s North American market entry from 3 ACTI-Mag customers in

Southern California and Hawaii, to 80+ customers across 9 US States and 2 Canadian provinces and

from ~A$100k revenues to over A$13.4m.

âââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’‚¢ The acquisition also provides a significant opportunity for Calix to utilise its IP in stabilising MHL to

bring logistical advantages to the IER business and open new markets, both geographically and into

new segments.

âââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’‚¢ The acquisition of IER is value accretive for Calix shareholders with:

âââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’‚¢ ~96% increase in Total FY19 Pro forma core sales revenue

âââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’‚¢ ~220% increase in FY19 Pro forma EBITDA

âââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’‚¢ Calix has completed a placement to sophisticated and professional investors at $0.70 per share to

raise $12.0m to cover the acquisition and associated transaction costs, and additional capital for further

US market expansion.

âââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’‚¢ In addition, a Share Purchase Plan (SPP) will be offered to existing eligible shareholders in Australia,

to acquire up to $30,000 per shareholder at the same $0.70 per share, with the total SPP capped at

$1.5m.

âââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’‚¢ Funds raised in the placement and SPP will be used for the purchase consideration and transaction

costs, integration and market expansion, additional US-based salespeople to expand geographic

reach of IER and provisioning for North American -based Hydration facility to capitalise on Calixâââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’¢Ã¢Ã¢â€š¬Ã…¾Ãƒâ€šÃ‚¢s

technical product advantages.

post-330173-1571286672_thumb.png

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  • 2 weeks later...
- $3m has been raised from the exercise of warrants from long-term, pre-IPO shareholders. Some 94% or 6m warrants were exercised, with the remaining now lapsed

 

ïâ€Å¡Ãƒ‚· $20.4m has been injected into Calix during October as a result of:

o Institutional Placement of $12m at $0.70 per share to fund IER acquisition

o Share Purchase Plan of $0.9m on the same terms as the Placement

o Warrant conversion of $3m

o $4.5m R&D rebate

 

- Operationally, Calix is exceeding expectations, with first quarter sales up materially by 48% on the pcp to $0.92m

- Calix is on track to complete the strategically important IER acquisition before the end of CY19, targeting significantly increased sales from deal completion

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  • 3 weeks later...

Have a listen to this video produced by the BBC - helps to understand the scale of the cement "problem" world wide. The video includes some info on the Low Emissions Intensity Lime & Cement (LEILAC) project pilot plant which has CXL's direct separation technology.integrated into Heidelberg Cement's cement plant in Belgium. LEILAC consortium is led by technology provider Calix, and comprises HeidelbergCement, CEMEX, Tarmac, Lhoist, Amec Foster Wheeler, ECN, Imperial College, PSE, Quantis and the Carbon Trust. It is supported by CEMBUREAU, ECRA, and EuLA. Chemical multinational Slovay also recently joined the consortium https://www.solvay.com/en HeidelbergCement, is one of the worldâââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’¢Ã¢Ã¢â€š¬Ã…¾Ãƒâ€šÃ‚¢s largest building materials companies. With the takeover of the Italian cement producer Italcementi, HeidelbergCement became the number 1 in aggregates production, number 2 in cement, and number 3 in ready-mixed concrete. https://www.heidelbergcement.com/en/company So, if the pilot plant is successful, one would imagine there is a ready market. right there.

 

The LEILAC consortium have received funding from European Commission through the. Horizon 2020 research and innovation programme ââ€Å¡Ãƒ‚¬12M, grant. The consortium members are contributing another ââ€Å¡Ãƒ‚¬9M,

https://www.project-leilac.eu/latest-news

 

The concrete cleaners - People Fixing the World

Making concrete produces significant carbon emissions, but one company has devised a way of locking carbon dioxide inside the material instead of releasing it into the atmosphere.

 

https://www.bbc.co.uk/programmes/w3csz1ns

 

That's just one of their projects - https://www.calix.global/what-we-do/

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You say

if the pilot plant is successful, one would imagine there is a ready market..

and Calix says:

Since 1990, the largest multinational cement companies have reduced their CO2 emissions by 20-25 percent. They have done so by improving energy efficiency and using waste-derived fuels and raw materials, as well as replacing the energy-intensive clinker by other constituents in cement or concrete.

 

But in order to reach the EUâââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’¢Ã¢Ã¢â€š¬Ã…¾Ãƒâ€šÃ‚¢s emissions reductions targets by 2050, carbon capture technologies need to be applied to the majority of cement plants, and Calixâââہ¡Ãƒâ€šÃ‚¬ÃƒÆ’¢Ã¢Ã¢â€š¬Ã…¾Ãƒâ€šÃ‚¢s technology is uniquely placed to support the industry to achieve these targets in a timely, effective and efficient manner.

Has CXL got the magic ingredient?

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