Spain has allocated 319 million euros (about 364 million USD) to decarbonize its cement industry, targeting two major producers. Votorantim Cimentos receives 119.6 million euros for a large-scale CCUS project at its Toral de los Vados plant, which will capture and liquefy CO2 from cement production. Cemex gets 200 million euros to deploy alternative fuels at its Alcanar facility and test waste-to-hydrogen technology through the HYIELD consortium. The funding comes from the EU-backed PERTE industrial decarbonization program, which has a total budget of 3.17 billion euros. Spain aims to eliminate 13 million tons of industrial emissions annually through this initiative. Cement production accounts for about 7% of global CO2 emissions, making these investments critical for meeting climate targets. Votorantim has set a 2030 target of 475 kg CO2 per ton of cement-based product.
