I would add that Cement companies have caught on to the fact that decarbonising their processes is not only technically easy, but that there is room for early movers to enjoy a significant arb, and enjoy the benefit of free allowances before phase out. Hocim just one of the players that are moving aggressively.
OK, that's interesting. The narrative at least is that decarbonising cement is really difficult. Are Hocim giving much away on where the opportunities are and the cost?
I would add that Cement companies have caught on to the fact that decarbonising their processes is not only technically easy, but that there is room for early movers to enjoy a significant arb, and enjoy the benefit of free allowances before phase out. Hocim just one of the players that are moving aggressively.
OK, that's interesting. The narrative at least is that decarbonising cement is really difficult. Are Hocim giving much away on where the opportunities are and the cost?