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News CP Concrete Consortium receives US$80m funding for Carbon Pool Concrete technology development

CP Concrete Consortium receives US$80m funding for Carbon Pool Concrete technology development

Written by Global Cement Staff 31 January 2022
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Japan: The CP Concrete Consortium has received US$80m in funding under the New Energy and Industrial Technology Development Organisation (NEDO)’s Green Innovation Funding Programme. The funding will support the consortium’s development of its Carbon Pool Concrete reduced-CO2 concrete production technology until 2032. Hazama Ando Corporation leads the consortium along with 14 other members of the Japanese Ready-Mixed and Returned Concrete Solution Association.

Carbon Pool Concrete technology can be used in the construction of pavements, buildings and other civil engineering structures. Through comprehensive carbon life cycle evaluation, the consortium is attempting to robustly link the use of its technology with carbon market instruments and environmental and social governance infrastructure funding. Its aim is to redefine concrete as a carbon neutral material.

Last modified on 02 February 2022
Published in Global Cement News
Tagged under
  • Japan
  • Hazama Ando Corporation
  • New Energy and Industrial Technology Development Organisation
  • Green Innovation Funding Programme
  • funding
  • Finance
  • Grant
  • concrete
  • readymixed concrete
  • Sustainability
  • CO2
  • consortium
  • ReadyMixed and Returned Concrete Solution Association
  • GCW542
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