Capsol Technologies ASA

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

Image by Capsol Technologies

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 CO? 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 CO? 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 CO? from the atmosphere each year.

For further information, please contact:

Jacob Zeno Clausen Krøvel

SVP Investment and Strategy, Capsol Technologies

+47 4840 3225

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 (https://www.capsoltechnologies.com/).

To receive Capsol's stock exchange and press releases via email, subscribe at

capsoltechnologies.com/investors (https://www.capsoltechnologies.com/investors).

AI Terminal