Capsol Technologies ASA awarded first carbon capture study for a European metal production plant

17 Sep 2025 08:00 CEST

Oslo, Norway, September 17, 2025 - Capsol Technologies, a leading provider of
carbon capture technology, has been awarded a engineering study evaluating the
use of CapsolEoP[®] (End-of-Pipe) at a European metal production plant -
broadening its addressable market with another carbon-intensive sector.

The project has the potential to capture several hundred thousand tonnes of CO2
annually. Metal production has significant emissions from both energy use and
chemical processes, which cannot be eliminated simply by switching to renewable
power. CapsolEoP[®] is well-suited for metal production, offering large-scale
CO2 capture with low energy consumption and without the need for external steam,
distinguishing it from other technologies such as amines.

"We are already establishing ourselves as a preferred carbon capture technology
for bio-CCS, cement and gas turbines through a growing portfolio of engineering
studies, CapsolGo[®] demonstration campaigns, licensing agreements and FID on
one of Europe's largest carbon capture facilities of its kind," said Cato
Christiansen, Chief Technology Officer at Capsol Technologies. "This study,
together with the recent studies announced for refinery and lime, demonstrates
that our technology can be attractive for several more hard-to-abate
industries."

Globally, metal production accounts for close to 10 percent of total CO2
emissions, driven both by high energy demand and by the chemical reactions
inherent in smelting processes. With growing demand for low-carbon materials
from industries such as automotive and construction, and with regulators
tightening emission requirements across Europe, carbon capture is expected to
play a critical role in the sector's decarbonization.

For further information, please contact:

Jacob Zeno Clausen Krøvel

SVP Investment and Strategy, Capsol Technologies

+47 48 40 32 25
jacob.krovel@capsoltechnologies.com
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).

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