Pandemic stimulus plays into Calix business growth.

Stage two Leilac plant in Europe

It is often said that it's an ill wind that blows no good.

In the case of Calix [ASX:CXL] that is true of the covid pandemic stimulus packages being rolled out for public works programs in Australia.

According to Phil Hodgson CEO of Calix, the spending has rapidly accelerated the interest in the Calix technology, which is based around a modern day version of the five thousand year old kiln concept.

Calix Limited (CXL) has developed a patent-protected, platform technology that, through its 21st century version of the kiln, produces new materials and processes, targeted at solving some significant global challenges.

Cement production is one of the key focus areas Calix has been working in because their tech can capture significant amounts of carbon dioxide, normally released into the atmosphere as part of the cement production process.

Five percent of the world's CO2 pollution is as a result of cement production.

Stimulus spending will probably increase this.

Calix recently announced that final project agreements have been executed for the scaleup of its Low Emissions Intensity Lime and Cement ("LEILAC") technology for capturing unavoidable CO2 process emissions during the production of lime and cement. The project has received thirty four million Euros in funding from the EU and major cement producers in Europe.

I caught up with Phil Hodgson recently to ask him if he thought the government stimulus would have a positive effect on the business.

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