Carbon Upcycling Technologies entered an agreement with ATEL Ventures for up to $10 million in asset-secured financing. The investment will support the company’s flagship project at the Ash Grove Mississauga cement plant, which will permanently sequester CO₂ from the cement kiln and utilize it to transform locally produced industrial byproducts into high-quality, low-carbon supplementary cementitious materials (SCMs).
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Progressive Planet announced the development of a third supplementary cementing material (SCM), which it has named Planet LCD Cement. The company believes it is the first to develop Limestone Calcined Diatomite (LCD).
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Companies mining and processing the top three classes of supplementary cementitious materials (SCM) in concrete mixtures reached a new watermark in 2024, while also forging ahead with site or plant development projects, yielding significant capacity increases by 2030.
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After years of developing its patented Rock Refinery in stealth, Brimstone announced plans to co-produce steel, aluminum, magnesium, titanium and other critical minerals, in addition to its previously announced products of portland cement, smelter grade alumina and supplementary cementitious materials (SCM).
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Progressive Planet announced the development of a second supplementary cementing material, which it has named Gladiator SCM. It has filed a provisional patent in the United States for the composition of Gladiator SCM and has also begun the process to trademark the name in both Canada and the U.S.
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Eco Material Technologies released its 2024 Sustainability Report, detailing the company’s environmental and social impact across its operations. The report highlights significant progress in reducing the environmental footprint of the construction industry through innovation, large-scale fly ash utilization, and the expanded use of domestic materials as sustainable alternatives to traditional cement.
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Carbon Upcycling Technologies and Ash Grove, a CRH Company, broke ground on Carbon 1 Mississauga – a Canadian first-of-its-kind commercial carbon capture and utilization facility at Ash Grove’s cement plant in Mississauga, Ontario.
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Utah-based Eco Material Technologies signed an agreement with CRH to be acquired for $2.1 billion. Following the closing of the transaction, the business will operate as Eco Material Technologies, a CRH Company.
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Terra CO2 announced additional series B funding, securing $124.5 million in new equity capital. In addition to Series B co-leads Breakthrough Energy Ventures, Eagle Materials, GenZero and Just Climate, the round included major investment from Barclays Climate Ventures.
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Fives FCB, the cement and minerals subsidiary of Fives, is opening a new subsidiary in the United States: Fives FCB USA Inc. The company will be headquartered in Birmingham, Ala., sharing the premises of Fives’ North American Construction Services.
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