Displaying items by tag: funding
Australia: Cement Australia has received a US$34.4m federal grant for a kiln upgrade to its Railton cement plant in Tasmania. The upgrade will allow the plant to raise its alternative fuels substitution rate. The project is funded by the government’s Powering the Regions initiative, with total investments valued at US$215m.
Australian Minister for Climate Change and Energy Chris Bowen said “This US$215m investment in Australia’s hard-to-abate manufacturing and mining facilities is about securing the future of high-quality, low-emissions products made right here. Northern Tasmania, Central Queensland and Western Australia have been industrial powerhouses for generations, and the government is ensuring that continues. As global markets change rapidly, we’re supporting Australian industry to not only survive but thrive with our world-class products that support regional jobs across the country.”
Adbri secures funding towards grinding and blending systems upgrade at Birkenhead cement plant
24 April 2024Australia: The Australian federal government has granted Adbri US$32.5m for a new front-end engineering and design study at its Birkenhead cement plant. The study will assess the possible installation of a new vertical roller mill and post-production blending system at the plant. InDaily News has reported that the proposed upgrade will increase the plant’s production capacity and help to expand its range of reduced-CO2 cements. The funding falls under the government’s US$260m Critical Inputs to Clean Energy programme, which aims to help decarbonise the Australian economy by 2050.
CEO Mark Irwin said “With the Commonwealth’s support we have the potential to further accelerate the decarbonisation of our operations and products.”
US: The US Department of Energy has selected four cement producers to receive funding under the Bipartisan Infrastructure Law and the Inflation Reduction Act.
Heidelberg Materials US secured up to US$500m for its planned 2Mt/yr carbon capture project at the Mitchell cement plant in Indiana. National Cement also received up to US$500m, for its Lebec Net Zero limestone calcined clay cement (LC3) project in California. Summit Materials received up to US$216m for a series of clay calcination projects in Georgia, Maryland and Texas. Lastly, Roanoke Cement will receive up to US$61.7m for an LC3 project at its Troutville cement plant in Virginia. These projects also involve developing a training, education and certification consortium in the cement sector.
Portland Cement Association (PCA) president and CEO Mike Ireland said "This funding is a welcome acknowledgement from the government that America's cement manufacturers are taking ambitious and significant steps toward reaching carbon neutrality. This will move the needle closer to achieving what industry considers the 'heavyweight' of carbon solutions: carbon capture utilisation and storage (CCUS). Once established nationwide, CCUS will greatly accelerate cement manufacturers' charge toward net zero."
Senior vice president of government affairs Sean O'Neill added “From passage of the Bipartisan Energy Act of 2020 to securing funding through the Inflation Reduction Act and the Infrastructure Investment and Jobs Act, today's announcement is another major milestone in the cement industry's decarbonisation efforts. The PCA is committed to continuing to work with policymakers to ensure the regulatory environment facilitates rather than impedes these and future investments.
Neocrete raises US$4m seed round for scaling and plant
26 March 2024New Zealand: Neocrete, a New Zealand start-up that decarbonises concrete production, has raised US$4m in seed funding. Wavemaker Partners, a Singapore-based venture capital firm, led the funding round with a 15% stake for US$2.7m. The funding also included contributions from five other investors, including NZ Green Investment Finance, which acquired a 3.8% share for US$700,000. Neocrete, founded in 2018, has developed an additive that can reduce the cement in concrete by 30-50% without loss in strength, increasing its durability.
Wavemaker Partners' managing partner Paul Santos said "Neocrete is designed to scale rapidly by using a cost-efficient production process that can leverage existing infrastructure."
Zarina Bazoeva, Neocrete co-founder and CEO, said that the funding will enable the company "to scale to meet initial global demand for Neocrete’s additive”. The company plans to complete setting up an Auckland manufacturing facility and scale up a research and development programme, "which is on track to produce cement-free, zero-carbon concrete by 2027,” according to Bazoeva.
US: Brimstone is negotiating a US$189m Federal award with the Department of Energy to finance the construction of a new decarbonised cement plant. This plant will produce up to 140,000t/yr of Ordinary Portland Cement and supplementary cementitious materials, reducing CO₂ emissions by 120,000t/yr.
Brimstone's process uses carbon-free calcium silicate rocks, reducing its CO₂ footprint. In July 2023, Brimstone's cement met ASTM C150 standards, confirming the effectiveness of its decarbonised process. The company is preparing to construct a pilot plant near Reno, Nevada.
Cemvision concludes seed funding round
22 March 2024Sweden: Alternative cement producer Cemvision has concluded its seed funding round, the largest in the green cement sector to date, according to the company. Participants included BackingMinds, Polar Structure and Zacua Ventures. The fund raised €10m, which the company says will contribute to its short-term growth. Cemvision announced its first commercial supply contract for its Re-ment alternative cement in December 2023.
CEO Oscar Hållén said “This investment will accelerate our near-future operations, right before we make the next jump, which is not too far away. Having met and retained interest from venture capitalists worldwide, we concluded some of the very best ones were right around the corner, and we are delighted to have them doubling down on Cemvision. Furthermore, Zacua Ventures’ global understanding of the green transition of the built environment is the most impressive we’ve ever come across.”
UK: Heidelberg Materials' Ribblesdale cement works in Lancashire is participating in a pioneering study to assess the use of ammonia as a hydrogen source for fuelling cement kilns. This 12-month feasibility project, conducted in collaboration with engineering consultants Stopford and Cranfield University, has received funding from Innovate UK through its UK Research and Innovation fund.
The research aims to investigate ammonia as a potentially energy-dense, cost-effective hydrogen carrier for cement manufacturing and other industries. Building on Ribblesdale's successful demonstration of using hydrogen in a net-zero fuel mix for a cement kiln, the new project will focus on the most efficient methods for on-site 'cracking' of ammonia to release hydrogen as kiln fuel.
Marian Garfield, Sustainability Director at Heidelberg Materials UK, said “We have already proved the success of using hydrogen as part of a lower carbon fuel mix, but its storage and transportation are currently technically challenging and expensive. Ammonia could offer a more viable hydrogen source that enhances fuel usage and reduces CO2 emissions. If successful, this project will pave the way for further investigations into the commercial viability of using ammonia as a hydrogen carrier for combustion in cement production and beyond.”
Buzzi Unicem USA collaborates in Electrified Thermal Solutions’ thermal battery pilot
16 February 2024US: Buzzi Unicem USA is among industrial partners collaborating with Electrified Thermal Solutions in the development of its Joule Hive Thermal Battery for industrial heat decarbonisation. The partners plan to launch a commercial-scale pilot of the battery in San Antonio, Texas, in association with the Southwest Research Institute. The project is supported by US$171m in funding from the US Department of Energy. The battery delivers heat of up to 1800°C from energy from renewable sources.
Buzzi Unicem USA president and chief executive officer Massimo Toso said “Cement production is known as a hard to abate industrial sector in large part because of the high temperatures required. Electrified Thermal Solutions’ Joule Hive Thermal Battery is the first industrial heat decarbonisation solution we have identified that could potentially enable us to cost-effectively and completely eliminate the use of fossil fuels in our heating processes and achieve our corporate decarbonisation goals.”
Electrified Thermal Solutions chief executive officer Daniel Stack said “We believe the breadth and depth of involvement from our industrial partners like Buzzi Unicem USA was critical to demonstrate to the Department of Energy just how valuable the Joule Hive Thermal Battery will be for industrial decarbonisation, and we are grateful for their partnership.” Stack added “Southwest Research Institute’s engineering support and world-class industrial demonstration facilities signalled to the Department of Energy that our technology will be developed, built, operated, tested and evaluated to the highest standards.”
US: The Department of Transportation has announced a US$5m initiative to investigate the use of steel slag in cement and concrete. This will take the form of a collaboration between the Department of Transportation and a selected US-based steel producer and university partner. The initiative seeks to reduce CO2 emissions in the production of building materials. Prospective participants may view the grant opportunity here.
Transport secretary Pete Buttigieg said "We're proud to make this funding available to help develop the next generation of construction materials so that the future of our transport infrastructure is more resilient, more sustainable and made in America.”
Robert Hampshire, deputy assistant secretary for research and technology and chief science officer, said “This funding initiative will develop and advance innovative materials and technologies that support the nation’s goals to decarbonise the transportation sector by 2050, strengthen resilience of the nation’s transportation infrastructure, and address adverse environmental impacts created by the transportation system.”
US: Holcim US, in partnership with The Ohio State University and GTI Energy, will install membrane carbon capture technology at its Holly Hill, South Carolina, cement plant. The project is partly funded by a US$7m the US Department of Energy. The partners aim to capture 99% of the plant’s CO₂ emissions.
GTI Energy vice president of carbon management and conversion Don Stevenson said "This project will showcase the power of collaboration and innovation in tackling the complex challenge of transitioning to cleaner energy systems. The development and implementation of cost-effective carbon capture technologies are key to meeting our decarbonisation goals."