We're excited to announce our investment in Cocoon, leading their $5.4 million pre-seed round.
Cocoon is tackling the massive decarbonization challenge in the concrete and steel industries, which together account for 14% of global GHG emissions. Their innovative, modular system reconnects these industries, enabling the production of low-carbon cement while increasing the profitability of sustainable steel operations.
Led by an exceptional team with deep experience in industrial decarbonization and materials science, Cocoon has already delivered an MVP and initiated collaborations with cement manufacturers. We're impressed by their ability to leverage existing feedstocks and supply chains for rapid scalability.
We're proud to support Eliot Brooks, Freddie Scott, William Knapp, and the Cocoon team in their mission to enable dual decarbonization of the steel and concrete industries.
https://lnkd.in/efJ95axD
Green cement can reduce the carbon emissions by up to 40% by using a carbon - negative manufacturing process. #Fortera, a Silicon Valley tech company just opened the first green cement factory in the USA and vows to reduce the carbon emissions by 70%. How is done? The CO2 is mineralized into a reactive form of calcium carbonate that can be used in the cement. The process speeds up carbon mineralization, which naturally occurs over thousands of years, in order to remove more CO2 in a shorter amount of time.
The Forteta plant can capture 6,600 tons of CO2 and produce 15,000 tons of ReAct cement each year and is planning to integrate green energy sources to achieve zero net.
#fortera#contech#proptech#building#construction#zeronet#ReAct#siliconvalley#california#usa#siliconvalleyproptechassociation
Check out this insightful research paper: 'Cavalett, O., Watanabe, M.D.B., Voldsund, M. et al. Paving the way for sustainable decarbonization of the European cement industry. Nat Sustain (2024).'. Cement production is a main source of carbon emissions. Decarbonization options exist, but their climate change mitigation potential, feasibility and environmental implications are still unclear. Here we assess 15 decarbonization options for the European cement industry under current and future conditions. Climate impacts per tonne of clinker produced today in European countries vary between 832 and 1,075 kg CO2-equivalents. Decarbonization options at various maturity levels can mitigate between 7 and 135 Mt CO2-equivalents per year (4–108% of today’s annual emissions from European cement plants), with a range of synergies and trade-offs. Solutions such as alternative fuels or technological improvements reduce climate impacts up to 30%, while a mix of ambitious complementary measures achieves a mitigation of about 50% by 2050. Only rapid and large-scale implementation of carbon capture and storage can approach climate neutrality. Carbon capture for production of e-fuels presents no significant mitigation benefits while it increases other environmental impacts.
▶️Check out: Alternative fuels for cement plants: see link in comments below 👇
▶️Also read the article on Future Proofing Cement Production by Matt Drew, CEO UK and Saxlund Group Business Development Manager, in an earlier issue of World Cement (registration required to access content): see link in comments below 👇
#cement#cementnews#cementindustry#icrmag#cementplant#cembureau#eu#saxlundgroupWorld Cement AssociationGCCA – Global Cement and Concrete Association,
#cementalternativefuels
Cement production is a major contributor to greenhouse gas emissions in data centers. Holcim and CRH, leading cement producers, have jointly invested $75 million in Sublime Systems, a startup focusing on green cement. Sublime's innovative electrified cement-making process can slash carbon emissions by 90%, aiming to combat the industry's 8% share of global carbon emissions. The startup's upcoming commercial plant in Holyoke, Massachusetts, set to be operational by 2026, will produce 30,000 tons of eco-friendly cement annually, despite current challenges in cost and scalability. Encouragingly, the U.S. Department of Energy is backing Sublime's initial plant construction by up to 50%, signaling a bright future for sustainable cement production. This investment and technology advancement hold promise for reducing the cement industry's carbon footprint significantly. Learn more: [Link to article].
One of the NRG COSIA Carbon XPRIZE Grand Prize winners CarbonCure Technologies is enhancing the sustainability of the cement and concrete industry! The company has already produced a total of more than 7 million truckloads of lower carbon concrete (enough to completely fill the AT&T Stadium in Texas with concrete 13 times over)! 🤯
🏗️ Cement manufacturing accounts for an estimated 7% of the world’s CO2 emissions. CarbonCure is empowering concrete producers to achieve the industry’s net zero commitment by 2050 through tech that permanently stores captured CO2 in concrete through carbon mineralization.
🙌 “We signed up for the NRG COSIA Carbon XPRIZE motivated by the spirit of competition and a vision for how we might leverage the financial winnings to grow our success. In hindsight, we never imagined the extent of our resulting trajectory from making global headlines as an XPRIZE winner. Not only did this title accelerate our growth across North America, it fueled our entry into new markets.” - Pradeep Krishnamoorthy, Senior Director of Hardware & Product Development at CarbonCure Technologies
🌎 CarbonCure has continued to make a big impact since winning the NRG COSIA Carbon XPRIZE. The company has been able to scale its core technology, CarbonCure Ready Mix, which is available in nearly 800 concrete plants in more than two dozen countries.
📈 The company has also been able to surpass 464,000 metric tons of carbon savings from their technologies, equivalent to removing more than 110,000 gas-powered cars from the road for a year.
✖️ Krishnamoorthy said, “XPRIZE has validated the reality that carbon utilization can and should play a key role in both global climate goals and mitigation of hard-to-abate emissions. Through XPRIZE, there is broader acceptance of CO2 not just as a waste stream, but also something that can be used to make valuable products and reduce emissions in the process.”
💡CarbonCure has more projects on the horizon. The company will continue to ramp up the deployment of their proven climate technologies, further innovate to enhance their systems that permanently remove and reduce CO2, and accelerate their growth in international markets.
To learn more about CarbonCure’s work, visit here. https://lnkd.in/eVn7kGs
Based on the below article and more that exist out there, solutions for sustainable cement and concrete solutions are getting more traction. Association to support and loby these solutions are getting stronger and with a "voice" in both US and Europe. New companies in the form of start-ups offer new innovative out of the box thinking and sollutions, backed by serious investments. Existing companies with new solutions are putting more effort and R&D funding, and of course the big cement producers around the world are finaly starting to make waves.
All in all there is more to be seen and more to be done, as long as all of the construction Industry but primarily decision makers (goverments, standard committees, consults and major clients) all move towards sustainability and decarbonisation.
Then maybe we have a chance to see the change in our lifetime.
Please let me know what are your thoughts below.
#sustainable#innovation#sustainability#climatechange#circulareconomy#Cleantech#cement#concrete#sustainableconcretesolutionsSustainable Concrete Solutionshttps://lnkd.in/duagSAeh
Founder & CEO | Decarbonising hard-to-abate sectors | Climate-tech
3moWe’re so chuffed to have you onboard, looking forward to the months and years ahead!