Published by Todd Bush on January 22, 2024
CALGARY, AB, Jan. 22, 2024 /PRNewswire/ - Carbon Upcycling Technologies Inc. (Carbon Upcycling), a global leader in carbon capture and utilization, has been named to Cleantech Group's 2024 Global Cleantech 100. The report selected companies from more than 25,000 nominations to showcase innovators with the most outstanding technologies, original business models, and bold plans that can enable us to act on the ever-increasing climate crisis and reduce emissions drastically ahead of critical global climate targets.
Carbon Upcycling named to the 2024 Global Cleantech 100 (CNW Group/Carbon Upcycling Technologies Inc.)
>> Additional Reading: Carbon TerraVault Holdings, LLC Announces California DAC Hub Consortium to Bring Direct Air Capture and Storage to the Golden State
The cement industry accounts for approximately 7% of all global emissions. To achieve looming 2030 climate targets and transition to a net zero future, decarbonizing cement production is vital. Carbon Upcycling's platform technology produces supplementary cementitious materials (SCM) by upcycling waste materials from other industries like steel and mining and enhancing them with CO2 sequestered from the cement kiln. Its enhanced SCM can displace carbon-intensive clinker in cement – reducing the lifecycle carbon intensity of cement by up to 60% – while improving the strength and durability of concrete by up to 40%.
The company's commercial-scale technology is currently operating in Western Canada, with two more deployments in commission at cement plants in Eastern Canada and the United Kingdom. Carbon Upcycling's technology is a readily scalable carbon removal and avoidance solution for the nearly 3,500 cement plants around the world that serve as the central hubs of the modern building materials industry.
"We're honored to be named to the 2024 Global Cleantech 100 for the second consecutive year," said Apoorv Sinha, CEO of Carbon Upcycling. "The cement and concrete industry require decarbonization solutions at a pace and scale that achieve critical 2030 climate targets. Making the Global Cleantech 100 is a testament to the rapid technology scaleup and deployment that we have achieved to date, the cement industry partners we have engaged, and the syndicate of investors supporting our team."
"These innovative companies are driving positive change and are at the forefront of enabling the global transition to a more sustainable future," said Richard Youngman, CEO, Cleantech Group. "The Global Cleantech 100 is a recognition of the market's positive view on their progress to date and their potential impact in building a cleaner, decarbonized world."
2024 Global Cleantech 100 honorees will be recognized at the upcoming Cleantech Forum North America on January 22-24 in San Diego, CA.
Carbon Upcycling is a circular decarbonization solution for hard-to-abate industries – transforming CO2 into a resource for a sustainable future. Its patented technology upcycles industrial byproducts and CO2 emissions into enhanced alternative materials to abate cement. The company aims to reduce the carbon impact of industrial processes, divert industrial materials from landfills, and enable a circular economy.
Learn more about Carbon Upcycling at carbonupcycling.com.
Cleantech® Group is the leading authority on global cleantech innovation. Since 2002, our research has helped corporates, public sector, investors, and others, identify, assess, and engage with the innovative solutions and opportunities that are related to the world's massive, and growing, environmental and climate challenges. Our insights and expertise are delivered to clients all over the world through our Research, Consulting, and Events.
SOURCE Carbon Upcycling Technologies Inc.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside this Issue ✈️ CORSIA Transforms Aviation Compliance Into Market Gold Rush 📉 IEA Cuts 2030 Low-emissions Hydrogen Production Outlook by Nearly a Quarter 🎤 GenH2 Executive Chairman Josh McMor...
Inside This Issue 🌍 Global Hydrogen Industry Surpasses USD 110 Billion In Committed Investment As 500+ Projects Worldwide Reach Maturity ♻️ Cielo Advances Waste-to-Fuel Innovation with Project Nex...
Inside This Issue 🏭 CF Industries Flips Switch on Massive CCS Hub That Changes Everything 🧴 Scientists Transform Plastic Waste Into Efficient CO2 Capture Materials ⚡ SHS Group and Verso Energy Sig...
Live Session will Explore Liquid Hydrogen Infrastructure for Aviation TITUSVILLE, FL, UNITED STATES, September 12, 2025 /-- GenH2 Corp., a Path2 Hydrogen Company, a leader in liquid hydrogen infra...
Achieved target ethanol purity of over 99.5vol% at a pilot plant in the Nagasaki District Research & Innovation Center Reduced energy consumption significantly and achieved compact equipme...
Hanwha Power Systems has received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for the ammonia fuel gas turbine conversion design aimed at 174K LNG carriers at Gastech 202...
Alléo Energy Unveils Carbon-Negative Green Hydrogen System
Alléo cellulosic waste to hydrogen conversion facility BAY MINETTE, Ala.-- Alléo Energy, a pioneer in sustainable energy solutions, today announced a cellulose-to-hydrogen process yielding over on...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.