Heidelberg Materials, in its latest quarterly report, noted that group revenue in 2022 grew by 3% to an all-time high of €21.1 billion. North American revenue was up 17.6% for the quarter and 7.8% for 2022, although aggregates sales volume was off 5.7% for the quarter and 5.0% for the year; and cement and clinker sales volumes were off 8.2 %…
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Prometheus Materials achieved two foundational certifications from ASTM International for its bio-cement, providing the company with prominent recognition as it launches production.
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The U.S. Department of Energy (DOE) awarded $3.2 million to Solar MEAD, a joint project headed by CEMEX, Sandia National Laboratories and Synhelion. The project aims to replace the use of fossil fuels with concentrated solar thermal (CST) energy in clinker production.
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Sublime Systems, a developer of technology to produce decarbonized cement, closed a $40 million Series A funding round, led by Lowercarbon Capital with participation from existing and new investors.
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Last month, Coolbrook conducted the first live pilot of its RotoDynamic technology to electrify high-temperature industrial processes.
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The Global Cement and Concrete Association added three more companies to its membership: PT Solusi Bang Indonesia Tbk (Indonesia), Fletcher Building (New Zealand) and Norm Cement (Azerbaijan).
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Votorantim Cimentos revised its decarbonization targets to 475 kg of CO2 per tonne of cement by 2030. Its new global target is 8.7% lower than the one previously announced as part of its 2030 Sustainability Commitments.
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CEMEX is continuing its efforts to lead the transition to a net zero construction industry by implementing several new carbon capture, utilization and storage (CCUS) projects throughout its global cement operations.
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CEMEX is among the first companies in the global cement industry to validate its 2030 decarbonization goals through the Science Based Targets initiative (SBTi) for alignment under its new 1.5ºC scenario, the most ambitious pathway defined for the industry.
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Climate tech company Carbon Re, which is building state-of-the-art AI to decarbonize energy-intensive industries, raised £4.2 million ($4.8 million) seed funding to scale up development and deployment of its novel technology.
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