funding – Concrete Products

Agency powers glass-derived pozzolan production in Pacific NW

March 17, 2025March 17, 2025 Concrete News

Sources: Progressive Planet Solutions, Kamloops, British Columbia; CP staff A Sustainable Development Technology Canada (SDTC) commitment of up to $4.6 million, phased through 2028, positions Progressive Planet Solutions to proceed with a pilot plant for PozGlass, a supplementary cementitious material. The company’s patent-pending process entails sodium extraction from post-consumer, soda-lime glass; combining sodium and carbon dioxide to form sodium carbonate;…

Eco Material eyes strategic initiatives after closing major loan facility

February 20, 2025February 20, 2025 Concrete News

Sources: Eco Material Technologies Inc., South Jordan, Utah; CP staff An $800 million Green Term Loan Facility maturing in 2032 affords Eco Material Technologies enhanced financial flexibility for capacity investments extending the company’s role in North American cementitious materials and concrete production. Approximately $665 million of the proceeds were used to redeem existing 7.875 percent senior secured green notes due…

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

April 14, 2022April 14, 2022 Concrete News

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,…

Foundation, NRMCA ease research proposal referral process

September 12, 2021 Concrete News

Source: RMC Research & Education Foundation, Alexandria, Va. The RMC Foundation is collaborating with the National Ready Mixed Concrete Association and its Research, Engineering & Standards Committee (RES) on identification of industry research needs and referral of proposals for potential funding. Members of an RES task group, chaired by Bruce Blair, president of Consumers Concrete in Kalamazoo, Mich., have developed…

3D concrete printing specialist closes $200 million-plus funding round

August 30, 2021August 30, 2021 Concrete News

Source: ICON, Austin, Texas Construction technologies company ICON has completed a $207 million series B round of financing led by venture and growth equity investment firm Norwest Venture Partners. The investment brings ICON’s total funding since launching its revolutionary 3D printing technology in 2018 to $266 million.

Energy Department, Meritage Homes probe walls’ thermal mass

October 13, 2020October 13, 2020 Concrete News

Sources: Electric Power Research Institute, Palo Alto, Calif.; CP staff A $65 million Department of Energy (DOE) program will support technologies enabling energy-efficient homes or buildings to interact with one another and the electric grid, potentially lowering greenhouse gas emission levels and improving power infrastructure. Energy Secretary Dan Brouillette announced the funding commitment during an Electric Power Research Institute (EPRI)…

Mineralized aggregate developer Blue Planet secures $10M commitment

September 22, 2020September 23, 2020 Concrete News

Sources: Blue Planet Systems Corp., Los Gatos, Calif.; CP staff A $10 million funding round positions Blue Planet to advance a carbon capture and utilization system netting concrete-grade synthetic limestone. The Silicon Valley company is approaching commercialization of a process that converts diluted carbon dioxide from fossil fuel-powered electricity generating stations, cement or steel mills, and petroleum refineries to carbonate…

Investment syndicate strengthens CarbonCure ties to Amazon, Microsoft

September 22, 2020September 23, 2020 Concrete News

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.

Road Builders’ Highway Dashboard: Investment transparency in overdrive

June 15, 2020 Concrete News

Sources: American Road and Transportation Builders Association, Washington, D.C.; CP staff

The “ARTBA Highway Dashboard: A 50-State Guide to the Benefits of Federal Investment” is a first of its kind, interactive tool providing the public and elected officials a clear look at how and where each state invests transportation project-designated tax dollars.

Lawmakers start review of INVEST highway funding plan

June 12, 2020 Concrete News

Sources: Office of Representative Peter DeFazio (D-Ore.); CP staff

U.S. House Transportation and Infrastructure Committee Chairman Pete DeFazio has scheduled a June 17 markup of “Investing in a New Vision for the Environment and Surface Transportation in America” (INVEST) Act, which authorizes $319 billion in highway outlays and $500 billion overall for fiscal years 2021-2025. A successor to the federal highway funding program expiring September 30, it enables completion of critical projects through long-term, sustainable funding, and contains strong Buy America provisions and labor protections.