Sublime Systems, a developer of technology to produce decarbonized cement, received approval from the city of Holyoke, Mass., for a five-year tax increment financing (TIF) valued at $351,000 as it looks to construct its first production facility, reported local media.
The state Economic Assistance Coordinating Council also approved tax credits of $1.05 million for the project.
“The first commercial plant for producing our low-carbon cement is a considerable investment, and we are in an active diligence period for parcels on Water Street in Holyoke,” Sublime Systems spokeswoman Erin Glabets told the Daily Hampshire Gazette. “Climate tech businesses like ours have a unique role to play in simultaneously improving our planet’s health while creating new economic opportunities.”
Sublime Systems is advancing a fully electrified process for its namesake binder without requiring the use of fossil fuels or limestone. Its carbon-avoidance approach harnesses clean, renewable sources of electricity and a wide range of calcium materials to produce the same final hardened phase in concrete that the global construction industry requires.
