Beyond CCS: is cement investing enough in alternatives?
The difficulties facing Heidelberg Materials ’ carbon capture project at Edmonton, Canada, expose a wider problem in the cement industry's route to net zero. Announced in 2023 a...
Funding
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Mykor secures GBP4m to accelerate waste-based construction material scale-up
The investment round was led by Clean Growth Fund, with participation from Green Angel Ventures, British Business Bank’s South West Investment Fund via The FSE Group, and suppor...
Carbonaide raises EUR3.7m to turn construction materials into carbon sink
The round was led by the company's existing owners, Vantaan Energia, Redstone and Ihantola Invest, with participation of a group of private investment companies and investors, i...
Serbia’s government approves EUR10.6m subsidy for Obrenovac unit
The Economy Ministry of Serbia will provide a EUR10.6m (US$12.4m) subsidy to Lafarge Serbia for the company’s new Obrenovac cement plant near Belgrade. The government announced ...
US defunds carbon capture Premium
EUR3.8m funding for refractory CCU project
RHI Magnesita, MCi Carbon, the Austrian Institute of Technology (AIT) and the University of Technology Sydney (UTS) have received EUR3.8m (US$3.9m) in funding for the CCUPScale ...
Holcim awarded grant for CCUS project in France
Holcim has been selected for a new grant from the EU’s Innovation Fund for its breakthrough carbon capture and storage (CCUS) project in Martres-Tolosane, France. This grant for...
Cool Planet raises EUR23.7m capital to accelerate deployment of low-cost carbon capture solution
Cool Planet Technologies Ltd announced it raised EUR23.7m (US$25.6m) in a Series A2 funding round, led by Taranis Carbon Ventures. Other investors were CRH Ventures and BlueScop...
Fortera's low-carbon cement secures US$85m in funding
Fortera, the Silicon Valley developer of the ReCarb process, where CO 2 from cement or other industrial emissions is mineralised and converted to concrete ReAct binder agents, h...
US$3.2m grant to support algae-grown cement
A team of researchers led by the University of Colorado Boulder, USA, has received a US$3.2m grant from the US Department of Energy to support the development of algae-grown cem...