SaltX Technology Holding AB: SaltX has been elected as a member of the Leadership Group for Industry Transition (LeadIT)
SaltX Technology has developed an innovative technology for electrification and carbon separation, which can be used for zero-emission production of quicklime and cement. This technology has the potential to play a vital role in decarbonizing these hard-to-abate industries. SaltX is now becoming a member of the Leadership Group for Industry Transition (LeadIT) to demonstrate its ambitions to be at the forefront of the industry transition.
"We plan to build the first electrified quicklime factory with our partner SMA Mineral by 2025, and we have entered the global cement market with a collaboration with the Indian cement producer Dalmia. Joining LeadIT will help us accelerate our development and contribute to a higher pace in the transition", says Carl-Johan Linér, CEO of SaltX.
On November 16th, SaltX inaugurated its test- and research facility, the Electric Calciner Research Center (ECRC), in Hofors, Sweden. Daniel Westlén, State Secretary for Climate Minister Romina Pourmokhtari, and India's ambassador in Sweden, Mr. Tanmaya Lal, announced SaltX membership at the event.
LeadIT was launched by the governments of Sweden and India at the UN Climate Action Summit in September 2019 and is supported by the World Economic Forum. Other company members include Vattenfall, ThyssenKrupp, Hybrit, DSM, Skanska, Tata Steel, Volvo, Heathrow Airport, Scania, and LKAB.
"We at LeadIT and the Secretariat warmly welcome SaltX to our group and look forward to collaborating to achieve net-zero targets for the cement industry. Bringing entrepreneurship and a drive for innovation - SaltX is an ideal member as we are exploring the frontiers of the green industry transition at home and globally", says Per Andersson, Head of Secretariat, LeadIT.
Read more about SaltX's Electric Arc Calciner here: https://www.saltxtechnology.com/world-unique-test-and-research-center-for-electric-calcination/
For more information:
Carl-Johan Linér, CEO SaltX Technology +46 705-32 08 08
Per Andersson, Head of Secretariat, LeadIT +46 073 805 5412
About SaltX Technology:
SaltX Technology is a Swedish green technology company that develops and markets sustainable technology beneficial to customers, the climate, and society. The company operates in electrification technology primarily for the lime and cement industry and large-scale industrial energy storage. SaltX Technology's stock is listed on the Nasdaq First North Premier Growth Market. For more information, visit www.saltxtechnology.com.
About LeadIT :
The Leadership Group for Industry Transition (LeadIT) gathers countries and companies that are committed to action to achieve the Paris Agreement. It was launched by the governments of Sweden and India at the UN Climate Action Summit in September 2019 and is supported by the World Economic Forum. LeadIT members subscribe to the notion that energy-intensive industries can and must progress on low-carbon pathways, aiming to achieve net-zero carbon emissions by 2050. With SaltX joining, the group now includes 18 countries and 20 company members. More information at www.industrytransition.org (https://eur01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.industrytransition.org%2F&data=05%7C01%7Cstefan.krafft%40saltxtechnology.com%7C384ccbd8f4bf4110d85a08dbe5b52a31%7C60a8fffb56394af9a0015cce812ba377%7C1%7C0%7C638356338509690827%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=U6qpCc9Y6LwZxZ8tRhNiNEEtcqoEBk8s6WDL4U4ANaE%3D&reserved=0)