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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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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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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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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HeidelbergCement plans to upgrade subsidiary Cementa’s Slite plant in Sweden into the world’s first carbon-neutral cement plant by 2030.
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FLSmidth, a global technology leader in the cement and mining industries, received validation from the Science Based Targets initiative (SBTi) for its carbon emission reduction targets.
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In an effort to accelerate its progress to deliver net-zero CO2 concrete globally by 2050, CEMEX has entered a memorandum of understanding with bp to develop solutions to decarbonize the cement production process and transportation.
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Canadian clean tech company CarbonCure Technologies has been named one of two winners in the $20 million NRG COSIA Carbon XPRIZE, which took place in three rounds over 54 months and challenged participants to convert carbon dioxide emissions into usable products. CarbonCure as well as fellow winner CarbonBuilt received a $7.5 million grand prize.
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St Marys Cement, part of Brazil-based Votoronatim Cimentos, will significantly decrease emissions at its Bowmanville, Ontario, operation, thanks to the installation and commissioning of a new wet scrubber. This is the first wet scrubber to be installed at a cement plant in Canada.
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The California Nevada Cement Association (CNCA) has outlined key opportunities and actions for the industry to achieve net zero carbon emissions by 2045.
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