CarbonCure enters 10-year, $30M carbon credit purchase agreement

Sources: Invert Inc., Calgary; CarbonCure Technologies, Halifax, N.S.; CP staff CarbonCure Technologies has signed a pioneering carbon credit purchase agreement underpinned by its process of mineralizing and storing carbon dioxide in ready mixed or manufactured concrete. Valued at $30 million over a 10-year window, it entails majority and minority funding partners, Invert Inc. of Calgary and Ripple Inc. of Ottawa,…

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Astec enters sales, service partnership with CarbonCure

Sources: Astec Industries, Chattanooga, Tenn.; CP staff Astec Industries has become the exclusive ready mixed concrete market channel partner in the U.S. and Canada for CarbonCure Technologies. Collaboration with the Halifax, N.S. developer of namesake carbon dioxide injection and mineralization technology for fresh concrete supports sustainability measures under the OneAstec business model. Astec’s BMH, Con-E-Co and RexCon concrete batch plant…

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CarbonCure Technologies: NRG Cosia Carbon Xprize winner

Sources: CarbonCure Technologies, Halifax, Nova Scotia; CP staff CarbonCure Technologies is one of two finalists to prevail in the $20 million NRG Cosia Carbon Xprize competition, which took place in three rounds over 54 months and challenged participants to convert industrial carbon dioxide emissions into usable products. CarbonCure received $7.5 million for proving the CO2 capture and use potential of it process at…

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CarbonBuilt and CarbonCure teams take $20M global competition

Sources: CP staff; XPrize Foundation, Culver City, Calif.  Processes proved at commercial scale to mineralize and sequester carbon dioxide gas in finished concrete have earned their developers, CarbonBuilt and CarbonCure Technologies, top honors in NRG Cosia Carbon Xprize, a six-year global competition centered on managing and monetizing emissions from coal and natural gas combustion. 

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Investment syndicate strengthens CarbonCure ties to Amazon, Microsoft

rendering Amazon HQ2 project

Sources: CarbonCure Technologies, Halifax, Nova Scotia; CP staff A funding round for CarbonCure Technologies, developer of carbon dioxide-based processes for optimizing portland cement and compressive strength development in concrete, has once again attracted principals or affiliates of top technology brands. 

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Amazon, Microsoft founders-backed fund tracks CarbonCure

Sources: CarbonCure Technologies Inc., Halifax, Nova Scotia; CP staff

CarbonCure Technologies, the developer and licensor of carbon dioxide-based processes augmenting ready mixed and manufactured-concrete production, has closed an investment round led by a fund whose principals include Inc., Bloomberg LP, LinkedIn, Microsoft Corp. and Virgin Group founders Jeff Bezos, Michael Bloomberg, Reid Hoffman, Bill Gates and Richard Branson. Of nine portfolio investments in $1 billion-plus Breakthrough Energy Ventures fund, CarbonCure is the sole entity directly tied to construction.

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Emissions Reduction challenge funds Solidia, CarbonCure expansion

Sources: Solidia Technologies, Piscataway, N.J.; CarbonCure Technologies, Halifax, N.S.; CP staff

Two leading developers of carbon dioxide-based processes for concrete production, curing and portland cement substitution or optimization are among four entities advancing to Innovative Carbon Use, round two of Emissions Reduction Alberta’s (ERA) $35 million international ERA Grand Challenge.

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28 Fletcher

Fletcher Taylor recently joined Dallas-based Vince Hagan Co. as Southeastern Regional sales manager, bringing 30-plus years of experience in ready mixed concrete. Taylor began his career in 1984 as a loader operator, proceeding to management positions that included tours of duty with City Concrete Co. in Jackson, Tenn., and Foley Concrete Products in north Georgia. In 2004, he joined Irving Materials as Nashville-based operations manager, responsible for 32 ready mixed plants. He will be based in Mt. Juliet, Tenn.

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