TITAN Group signs deal with EU Innovation Fund for IFESTOS carbon capture project

TITAN Group signed a grant agreement with the EU Innovation Fund for the large-scale carbon capture project IFESTOS, the company announced on Monday.

One of Greece's leading international business in the building and infrastructure materials industry, TITAN was selected in July in the context of the fund's third call for large-scale projects.

The EU Innovation Fund will support TITAN's IFESTOS decarbonization project with a grant of 234 million euros, to help accelerate the green transformation of the Greek building materials industry, and to play a pivotal role in promoting carbon capture technology across the continent.

This project "encapsulates our commitment to sustainability and innovation, forging a path toward a cleaner, greener, and more resilient future for the industry, in line with EU climate policy", noted Aris Tsikouras, Director and IFESTOS...