As momentum for carbon reduction technologies continue to accelerate, CarbonCure Technologies has today (1stOct) announced a new partnership with Astec Industries to scale its low-carbon concrete tech worldwide.
By joining forces with the manufacturer of specialised equipment, CarbonCure places itself in a strong position to achieve its mission of reducing embodied carbon in the built environment by 500 million tonnes annually by 2030.
Astec customers are also set to gain new operational efficiencies and green market differentiation as more end users opt for sustainable building solutions, including low-carbon concrete through the collaboration.
On the new partnership with Astec, Robert Niven, Chair and CEO of CarbonCure Technologies, said, “Our partnership with Astec advances CarbonCure’s significant growth momentum across North America and represents a shift in our business model as we expand our product distribution channels beyond direct sales and form strategic partnerships with industry leaders who share our commitment to sustainable innovation.
“Astec ‘s notable presence in the industry and key relationships with concrete producers make them well suited to help advance our vision to make our concrete technology a standard for concrete production across the globe.”
To date, CarbonCure’s scalable, sustainable concrete technology has been installed in more than 400 concrete plants globally. With increasing infrastructure spending, the global concrete and cement products industry is expected to grow from $333bn in 2020 to $481bn in 2025.
Barry Ruffalo, President and CEO of Astec Industries, said, “We are taking a more strategic approach to sustainability and have included it in our business model. We’re looking at it on two fronts – improving our own operations and offering products and services that support our customers’ sustainability initiatives.
“CarbonCure’s technology offers a real solution to reduce embodied carbon at the early stage of concrete production where the opportunity is greatest. I’m excited to be able to offer this to our customers and the positive impact it can have on the environment.”