Heracles, a member of Holcim Group, signed a Front-End Engineering Design (FEED) contract with Air Liquide Engineering and Construction (E&C) for the CO2 capture, liquefaction, storage and dispatch facilities as part of HERACLES’ large-scale Olympus Carbon Capture & Storage (CCS) Project in Greece.
Olympus is a CCS project in Europe, enabling the Heracles plant’s CO2 emissions in the area of Milaki to capture and store 1 million tons of CO2 annually. The project is scheduled to enter full operation in 2029.
Heracles group has selected Air Liquide to work jointly to upgrade and equip the Milaki plant with innovative and fully integrated systems for CO2 capture, which will be accomplished by oxygen enrichment and cryogenic separation. Captured CO2 will be liquefied and transported by sea to the Greek offshore sequestration facility of Prinos in the northern part of the Aegean Sea.
This agreement represents a crucial milestone towards the FID (final investment decision) of Olympus CCS project. It underscores Heracles’ commitment to fulfil net zero pledge by materializing a robust large-scale CO2 capturing unit.
