Capsol Technologies ASA awarded first carbon capture study in the lime industry – unlocking new market segment 

Oslo, Norway, August 8, 2025 - Capsol Technologies, a leading provider of carbon capture technology, has signed a contract to deliver a feasibility study evaluating the use of CapsolEoP^® (End-of-Pipe) for a European lime player - opening a new segment for future growth.

Capsol will deliver a feasibility study evaluating the use of CapsolEoP^® at a European lime plant with the potential to capture several hundred thousand tonnes of CO₂ annually, supporting the client’s decarbonization strategy.

“This is an important milestone in our mission to decarbonize hard-to-abate sectors like lime production and represents our first project within this industry,” said Johan Jungholm, Chief Business Development Officer at Capsol Technologies. “Initial assessments indicate that CapsolEoP^® would be particularly suited for carbon capture in lime production due to the energy-efficient design of the technology – featuring low energy consumption and operating without the need for external steam.”

Lime is a key input for sectors including steel, glass, construction, agriculture, pulp and paper, and chemicals. According to the European Lime Association (EuLA), the sector aims to deploy carbon capture technologies for 5-10% of kiln-related CO₂ emissions by 2030, with full capture of unavoidable process emissions by 2050.

With the integration of carbon capture and storage (CCS), including BECCS and carbonation, the European lime sector aims to become net-negative – permanently removing up to 5 million tonnes of CO₂ from the atmosphere each year.

For further information, please contact:
Jacob Zeno Clausen Krøvel
SVP Investment and Strategy, Capsol Technologies
+47 484 03 225                                                                                                                   jacob.krovel@capsoltechnologies.com  

About Capsol Technologies

Capsol Technologies ASA is a carbon capture technology provider with a goal of accelerating the transition to a net zero future. The technology combines inherent heat recovery and generation in a stand-alone unit based on a proven and safe solvent. Capsol’s technology is licensed either directly to customers or through industrial partners globally. Key segments include cement, biomass, energy-from-waste and gas turbines. Capsol Technologies is listed on Euronext Oslo Børs (ticker: CAPSL). For more information visit capsoltechnologies.com.

To receive Capsol’s stock exchange and press releases via email, subscribe at capsoltechnologies.com/investors.