Silicon Valley-based materials technology company Fortera closed its $30 million Series B round, initiating the commercialization phase of its next generation low CO2 cement. The round was co-led by Temasek and Khosla Ventures, investors dedicated to accelerating efforts to achieve a net zero and sustainable global economy.
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CalPortland’s Oro Grande cement plant in Southern California was recognized by the Portland Cement Association (PCA) for outstanding safety performance in the manufacturing of portland cement.
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Holcim is deploying its Transport Analytics Center (TAC) globally to optimize logistics for enhanced efficiency, safety and sustainability. The digital platform contributes to the company’s net zero journey by reducing its Scope 3 emissions, in line with its industry-first target.
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President Biden and a bipartisan group of senators have announced a deal on infrastructure spending. According to the White House, the price tag comes in at $1.2 trillion over eight years, with $579 billion in new spending, $312 billion specifically for transportation. Other sources peg the legislation as a $973- or $953-billion package.
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FLSmidth signed a global commercial partnership with UK-based Carbon8 Systems to accelerate the cement industry’s net zero ambitions.
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The California Senate approved a bill that seeks to slash the carbon footprint of state’s cement plants. The legislation directs the Air Resources Board (ARB) to develop a comprehensive strategy to achieve carbon neutrality in the cement industry no later than 2045 and to establish interim targets for reducing cement’s greenhouse gas intensity.
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Debuting last week at the 2021 World of Concrete in Las Vegas was the Cement Production Pavilion, a special exhibitor area located in the high-trafficked North Hall. The pavilion was created via a partnership between event organizer Informa Markets and Cement Americas publisher SEMCO Publishing.
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The Portland Cement Association (PCA) Market Intelligence Group released its Spring 2021 Regional Forecasts for the Northeast, Central, West, and Southeast United States. These forecasts cover cement consumption and real put-in-place construction spending.
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HeidelbergCement published its Sustainability Report for the 2020 financial year. On more than 100 pages, the company’s 12th Sustainability Report provides detailed information about the its path to climate neutrality and its strategy and activities in the areas of environment, social responsibility, and governance.
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World Cement Association (WCA) President Song Zhiping urged the global cement industry to continue efforts toward carbon neutrality, but also to advance digitalization, in a keynote speech at the WCA Open Day earlier this month.
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