Canada’s Minister of Environment and Climate Change Steven Guilbeault announced the re-investment of up to $2.2 million of recycled industrial pollution pricing revenues to fund a major new emissions reduction project at the St Marys Cement plant in St. Marys, Ontario.
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Feds Eye $276M in Brimstone, Sublime Binder Plant Project Funding
Two start-ups using limestone alternative feedstocks and processing methods for proprietary concrete binders are poised to receive Energy Department Office of Clean Energy Demonstrations (OCED) awards supporting projects that reduce or offset carbon dioxide emissions associated with portland cement production. Following a late-March agency announcement, Brimstone Energy and Sublime Systems can negotiate with OCED officials for respective $187 million and…
Read MoreFurno Secures $6.5M to Cement Carbon Neutral Future
Decarbonization startup Furno closed an oversubscribed $6.5 million seed funding round and introduced its end-to-end cement production unit, the Furno Brick.
Read MoreUMass Amherst Awarded $3M to Reduce Cement Emissions
Engineers at the University of Massachusetts Amherst received a four-year, $3 million award from the National Science Foundation’s Future Manufacturing Program to make cement manufacturing more sustainable.
Read MoreDepartment of Transportation Bolsters Slag Cement Research
The U.S. Department of Transportation (DOT) launched a $5 million funding opportunity for a research initiative on the use of steel slag in cement and concrete.
Read MoreRondo Energy Secures $60M to Speed Rollout of Heat Battery
Titan Group, a cement and cementitious materials producer with major North American and European market stakes, is among 10 participants in a $60 million funding round positioning Rondo Energy to roll out its namesake Heat Battery worldwide and help drive global energy storage market transformation.
Read MoreCarbon Upcycling’s $26M Funding Round Advances Projects
A $26 million Series A funding round positions clean tech firm Carbon Upcycling to advance carbon capture and utilization projects at Cemex’s Rugby, U.K., and Ash Grove Cement’s Mississauga, Ontario, Canada, plants.
Read MoreVotorantim Inks $150M Sustainability-Linked IFC Deal
Votorantim Cimentos signed a $150 million financing agreement linked to sustainability indicators with the International Finance Corporation (IFC), the largest global development institution focused on the private sector in emerging markets and a member of the World Bank Group.
Read MoreDOE Funds Five Projects to Help Decarbonize Industry
The U.S. Department of Energy (DOE) announced five projects that will receive a total of $16.4 million in funding to focus on next-generation cement formulations and process routes as well as carbon capture and utilization technologies to address CO2 emissions in the cement industry.
Read MoreHeidelberg Materials Receives $5 Million from DOE
The U.S. Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED) selected Heidelberg Materials North America to receive $5 million in funding through its Carbon Capture Demonstration Projects program.
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