JDA with Ambuja Cements for commercial-scale project

Open PDF
Stock CALIX Ltd (CXL.ASX)
Release Time 23 Jun 2026, 8:18 a.m.
Price Sensitive Yes
 Calix and Ambuja Cements to Develop Low-Carbon Cement Project
Key Points
  • Calix and Ambuja Cements to deploy Leilac technology at Sanghi plant
  • Aim to reduce emissions and fuel consumption in cement production
  • No capital contribution required from Calix or Leilac
  • Go/no-go decision targeted for 2027
  • Potential to capture over 1 million tonnes of CO2 annually
Full Summary

Calix Limited, an Australian industrial technology company, has announced a Joint Development Agreement with Ambuja Cements, a subsidiary of the Adani Group, for a commercial-scale cement project in Gujarat, India. The project aims to deploy Calix's Leilac technology at the Sanghi cement plant, targeting low-cost, low-carbon cement production. The initiative seeks to retrofit the Leilac technology to reduce emissions, lower fuel consumption, and increase the use of renewable electricity. Subject to a successful demonstration phase, the project could capture over 1 million tonnes of carbon dioxide per annum. Calix and Ambuja Cements will jointly develop the project, with a go/no-go decision targeted for 2027. No capital contribution is required from Calix or Leilac at any stage.

Guidance

No specific financial guidance provided

Outlook

The project aims to provide an accelerated and cost-effective route to commercial deployment of the Leilac technology in the global cement market.