Vicat SA has been awarded a “Grand Projets Industriels de Décarbonation” (GPID) grant by the French government for its VAIA (Vicat Advanced Industrial Alliance) project. The VAIA project aims to capture and store 1.2 million tons of CO2 per year at the Montalieu-Vercieu cement plant, the largest in France, and establish a value chain for the capture, transport, use, and liquefaction of CO2 for storage in the Rhône Valley. The GPID grant follows public support obtained after the VAIA project was selected by the European Innovation Fund program in November 2025. The final investment decision for the project is scheduled for 2027. No other beneficiary organizations are mentioned.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vicat SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001164378-en) on February 12, 2026, and is solely responsible for the information contained therein.