OLYMPUS carbon capture project
OLYMPUS is a flagship project in 麻豆传媒鈥檚 European decarbonization roadmap. It will lead to the development of storage capacity in southern Europe. It uses a highly innovative technology combination that merges OxyCalciner & Cryocap鈩 Oxy.
With a target operational date of 2028, the project aims to capture and store 1 million tons of CO鈧 annually. In 2023, the project was selected for a grant from the EU Innovation Fund.

Olympus at a glance
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![]() | Net zero by 2029 | Image
![]() | OxyCalciner & CryocapTM Oxy | |
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![]() | 1 million tons CO2 captured annually | Image
![]() | EU Innovation Grant funding | |
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![]() | New scalable and replicable technology for a more sustainable CO鈧 capture process | Image
![]() | Storage pathway |
The technology behind the project
The combination of OxyCalciner & Cryocap鈩 Oxy is a novel technology that will enable low capture variable cost. Through this project, 麻豆传媒 will transform the Milaki cement plant into a net carbon removal site.
It uses OxyCalciner technology to capture CO鈧 from the flue gas of the Milaki cement plant. The captured CO鈧 will then be transported to the Cryocap plant to be liquefied and stored.
The Cryocap鈩 Oxy technology by Air Liquide captures and purifies CO鈧 from flue gas through oxycombustion processes. It has a CO鈧 capture rate of 98%. This technology can manage impurities, particularly high levels of nitrogen oxides, to ensure the quality and safety of the captured CO鈧.


With our innovative OLYMPUS project, we are contributing to the decarbonization of our industry, leading the way towards a net-zero future in Greece and Europe.