Cement News tagged under: Carbon Clean
Carbon Clean to expand North American presence10 March 2023, Published under Cement NewsCarbon Clean, a leading global carbon capture solutions business, has announced a significant expansion in North America to meet booming demand for its carbon capture technology. The company has opened its US headquarters in Houston, Texas and will double its US headcount to meet demand for CycloneCC, its fully modular technology, in what is expected to become its biggest market. The Inflation Reduction Act (IRA) is driving enormous demand for industrial carbon capture and has already ... |
Carbon Clean makes new sales appointments05 August 2022, Published under Cement NewsCarbon Clean has boosted its global sales team with appointments that cover Asia, Europe and the Middle East. Lim Beng Chong joins as sales director Asia-Pacific, based in Singapore. Federico Cruzzolin has been hired as sales Manager Europe and is based in Frankfurt, Germany. While Niraj Singh has been promoted to sales manager Middle East and Africa and will be located in Mumbai, India. These appointments follow the recent record US$150m Series C funding round and the company’s... |
Carbon Clean awards contract to KBR for Rüdersdorf Carbon capture project20 July 2022, Published under Cement NewsCarbon Clean has awarded a Front End Engineering Design (FEED) contract to global engineering experts, KBR, for a groundbreaking carbon capture project at CEMEX ’s Rüdersdorf plant in Germany. KBR will provide FEED services for the initial stage of the project which aims to develop and deploy Carbon Clean’s CycloneCC breakthrough modular carbon capture technology, to initially capture 100tpd of CO 2 at the plant. The captured CO 2 will be combined with green hydrogen to produce synth... |
Cemex Ventures increases its investment in Carbon Clean13 May 2022, Published under Cement NewsCemex has announced that Cemex Ventures, its corporate venture capital and open innovation unit, is increasing its investment in Carbon Clean. Cemex Ventures has been an early-stage investor in Carbon Clean and used the opportunity of the latest Series C funding round to increase its investment further. "We are happy to increase our investment in Carbon Clean, recognising its significant contribution to scaling carbon capture technology and the decarbonisation of our industry. Its re... |
Carbon Clean raises US$150m in latest round of funding12 May 2022, Published under Cement NewsCarbon Clean has closed the largest-ever equity funding round for a point source carbon capture company with US$150m raised from existing investor Chevron. Chevron led the round alongside Cemex Ventures, Marubeni Corp and WAVE Equity Partners, as well as new investors, including AXA IM Alts, Samsung Ventures, Saudi Aramco Energy Ventures and TC Energy. So far, Carbon Clean has raised US$195m, having closed its US$30m Series B investment round in August last year. This new funding will h... |
Prince of Wales visits Renfrew CCUS project08 November 2021, Published under Cement NewsThe Prince of Wales visited the world’s smallest industrial carbon capture technology, pioneered by Carbon Clean, at a site visit in Renfrew, Glasgow, during COP26. The Prince of Wales champions the development and adoption of carbon capture, use and storage (CCUS) solutions through a CCUS Task Force within the Sustainable Markets Initiative (SMI), which he launched in 2020 at the World Economic Forum in Davos. The Prince of Wales came to see the technology in operation at Doosan Babco... |
Carbon Clean appoints former US Secretary of Energy as advisor27 October 2021, Published under Cement NewsCarbon Clean is being joined by Ernest J Moniz, former US Secretary of Energy, as an advisor to its Board of Directors. Mr Moniz, the founder of strategic advisory firm EJM Associates, will guide the company on its strategy to become a leading player in the low-carbon transition. “Carbon capture is central to a robust climate response – decarbonising power plants and industrial facilities, enabling hydrogen production and atmospheric carbon dioxide removal,” said Mr Moniz. “Ramping up ... |
65% of CEOs in hard-to-abate sectors plan to use CCUS21 October 2021, Published under Cement NewsA first of its kind benchmarking report on industry attitudes towards carbon capture, utilisation and storage (CCUS) has revealed that 65 per cent of executives working in hard-to-abate sectors see CCUS as ‘critical’ or ‘important’ reaching their 2030 and 2050 goals. "The Scaling up CCUS" market insights report has been published by Decarb Connect, a leading platform that connects the hard-to-abate sectors, and Carbon Clean, a global leader in cost-effective carbon capture technology a... |
Cemex Ventures helps Carbon Clean raise US$8m for carbon capture projects04 August 2021, Published under Cement NewsCarbon Clean has raised US$8m from new investor Cemex Ventures and existing investors Equinor Ventures, ICOS Capital and WAVE Equity Partners. The capital raise extends Carbon Clean's successful US$2m Series B investment round , brings the total value of the round to US$30m. "We're delighted to have Cemex as an investor and its backing further confirms the growing value of our technology proposition, as well as expanding confidence of strategic investors," said Aniruddha Sharma, Carb... |
Taiheiyo Cement Corp to work with Carbon Clean on carbon capture plant21 April 2021, Published under Cement NewsJapanese cement producer Taiheiyo Cement Corp will implement technology for CO 2 capture from the flue gas of rotary cement kilns in the first, 10tpd demonstration plant in Japan. For this purpose, Taiheiyo Cement has selected the technology for CO 2 chemical absorption supplied by UK-based Carbon Clean, which has been awarded by Marubeni Protechs Corp (Marubeni Protechs) in Japan. This technology will be installed at Taiheiyo Cement's plant in Kumagaya City, Saitama, and demonstr... |