Lafarge and Carbon Upcycling Technologies Sign MOU to Reduce Carbon
By:
LAFARGE Canada Inc. via
Business Wire
July 06, 2021 at 11:00 AM EDT
LAFARGE Canada Inc. (Lafarge) has signed a non-binding Memorandum of Understanding (MOU) with Calgary-based carbon utilization company, Carbon Upcycling Technologies (Carbon Upcycling). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210706005167/en/ The MOU allows for the potential integration of Carbon Upcycling’s CO2-embedded concrete additive into Lafarge operations, while exploring opportunities to expand Carbon Upcycling’s operating capacity by developing larger processing facilities. Carbon Upcycling produces a unique additive that makes concrete both stronger and more sustainable with the ability to reduce the carbon footprint of concrete by up to 25% on a lifecycle basis. Carbon Upcycling’s foray into construction materials began in 2018 through its participation in the LafargeHolcim Accelerator program, which aimed to accelerate the growth of innovations in the building materials industry. “The results we’ve seen with Carbon Upcycling are really promising,” says Brad Kohl, President, and CEO of Lafarge Western Canada. “Across our industry, we are all driven to capture and utilize CO2 wherever we can.” “By collaborating with Lafarge we are taking a meaningful step towards providing the construction community with the tools that will define the circular carbon infrastructure and the impending Carbon Age,” says Apoorv Sinha, CEO and Co-Founder of Carbon Upcycling Technologies. This MOU aligns with Lafarge's Net-Zero 2030 pledge to accelerate green construction and combat the climate change crisis with low carbon concrete and circular economy solutions, and Carbon Upcycling’s overall goal of 600 million tonnes of carbon reduction by 2030. About Lafarge Canada Inc.
About Carbon Upcycling Technologies:
View source version on businesswire.com: https://www.businesswire.com/news/home/20210706005167/en/ Lafarge has signed a non-binding MOU with Calgary-based carbon utilization company, @CarbonUpcycling - allowing for the potential integration of CO2-embedded concrete additive into Lafarge operations. @AcceleratorLH #gamechangers #buildgreen #buildsmart Contacts
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