£60m raised to advance world-first cement CCS project

Five cement and lime giants have raised £60m to advance plans to build the world’s first carbon capture scheme to decarbonise production in the UK.
The Peak Cluster project will link cement and lime plants in the Peak District to a carbon storage site beneath the Irish Sea through a new pipeline.
Detailed design engineering will be backed with £28.6m from the Government’s new National Wealth Fund alongside £31m from private investors including Holcim, Tarmac, Breedo