- CEO
- Lina Jorheden
- Full Time Employees
- 20
- Sector
- Electronic technology
- Industry
- Electronic production equipment
- Address
- Västertorpsvägen 135 Hägersten AB Sweden 129 44
- IPO Date
- Apr 22, 2015
- Business
- SaltX Technology Holding AB (publ) is a Swedish greentech company specializing in the development and commercialization of patented energy storage and electrification technologies designed to decarbonize energy-intensive industries, primarily focusing on the lime and cement sectors. The company manufactures advanced thermal energy storage solutions based on nanocoated salt technology marketed under the SaltX™ brand, which enables efficient storage and release of energy as heat or cold, facilitating substantial energy savings, cost reductions, and reduced emissions. SaltX also develops the Electric Arc Calciner (EAC), an electrification technology that replaces fossil fuel-based calcination processes and integrates CO2 separation and capture, targeting net-zero emissions in cement and quicklime manufacturing. Headquartered in Stockholm and founded in 2001, SaltX operates predominantly in European markets but collaborates internationally, including partnerships with industrial players such as SMA Mineral and Dalmia Cement.
Recent major developments include a strategic partnership with Holcim, one of the world's largest cement producers active in 45 countries, to develop fully electrified cement production technology. This partnership involves a SEK 48.9 million investment by Holcim as a strategic shareholder, facilitating joint efforts to pilot and scale large-scale emission-free cement production plants utilizing SaltX's electrification and carbon capture innovations. Additionally, SaltX has resolved a SEK 21.5 million set-off issue with existing shareholders SMA Mineral AB and Stiftelsen Industrifonden to reduce short-term liabilities and strengthen its balance sheet. The company is actively undertaking a rights issue targeting approximately SEK 100 million to fund ongoing commercialization and partnership activities. Leadership changes include appointments to key executive roles supporting the company’s transition to industrial-scale operations. These strategic alliances, financial restructuring, and technology commercialization efforts underscore SaltX Technology’s commitment to leading industrial decarbonization through innovative energy storage and electrification solutions.