Displaying items by tag: Canada

Canada: CarbiCrete has installed new equipment at Patio Drummond's Drummondville plant for the production of concrete using its cement-free technology. The technology mineralises captured CO₂ for sequestration inside the product.

Canada: CarbiCrete has entered into a new ‘financing collaboration’ with US-based social media group Meta for its installation of CarbiCrete equipment at Canal Block’s Drummond concrete plant in Ontario. Climate consultancy 3Degrees will verify Canal Block’s CO₂ emissions reductions per the terms of the financing collaboration.

Canada: CarbiCrete has obtained the first Environmental Product Declaration (EPD) for its cement-free concrete masonry units (CMUs). The products have specific CO₂ emissions of 11.7kg/m³ for the CMUs, 94% below the industry norm of 200kg/m³. FinancialWire News has reported that CarbiCrete’s recipe for the CMUs replaces cement with steel by-products, while also sequestering CO₂.

Concrete products company Canal Block is set to commence production of CarbiCrete CMUs at its Port Colborne plant in Ontario in early 2025.

Canada: Cellular concrete products company Cematrix has closed US$4.45m in new supply deals since July 2024, GlobeNewswire has reported. The contracts all cover projects in North America, most of which are scheduled for completion later in 2024.

President and CEO Jeff Kendrick said “With the addition of these new contracts, net of sales to the end of September 2024, our current backlog now stands at US$53.6m."

Canada: Climate technology company CarbonCure Technologies has announced that it has ‘saved’ over 500,000t of CO₂ across 7.5m truckloads of concrete. CarbonCure uses a technology that injects captured CO₂ into fresh concrete, which is mineralised and permanently stored, and which enables concrete producers to reduce cement usage while maintaining strength. The solution integrates into existing concrete plant operations, allowing for both environmental benefits via a reduced CO₂ footprint and cost savings through reduced cement consumption, according to the company. The company also claims that for every 1t of CO₂ that is mineralised in ready mix concrete, another 50t of CO₂ is ‘avoided’ by reducing emissions from cement adjustments.

CEO of CarbonCure Technologies Rob Niven said “This milestone reflects the strong sustainability leadership of CarbonCure’s innovative concrete producer partners. Together, we are proving that reducing the carbon footprint of concrete is not just a goal for the future — it can happen, and it is happening, today at scale.”

Canada: Canal Block will begin to produce CarbiCrete's cement-free concrete products under licence from 2025. The partners say that they have installed a new curing system for the purpose at Canal Block’s Port Colborne plant. Innovation cluster NGen awarded them US$4.04m in funding for the project.

Canal Block president Durk Bylsma said "We look forward to offering a carbon-negative masonry unit to Ontario's construction market in 2025.”

CEO Jacob Homiller said "We are tremendously pleased to bring our cement-free concrete technology to Ontario through Canal Block."

Canada: The Sarjeant has inaugurated its new Parry Sound ready-mix concrete plant. The plant is intended to help meet growing demand and support the growth of the local construction industry. Local press has reported that the project was partly funded by a US$298,000 grant from the Northern Ontario Heritage Fund Corporation. In turn, The Sarjeant donated US$37,100 to the Let’s Make a Splash campaign for construction of the upcoming West Parry Sound Recreation and Cultural Centre.

Canada: Lakeshore Concrete is constructing a new premixed concrete plant in Essex County, set to create 30 to 35 jobs and begin operations in early 2025. The new premixed plant in Amherstburg aims to improve product consistency and reduce carbon emissions, distinguishing it from the typical dry mix plants found throughout Ontario and North America, according to John Vanderwerf, co-owner of Lakeshore Concrete. This plant, along with existing facilities in Tecumseh and Leamington, will allow the company to produce about 200m3/hr of concrete. Vanderwerf is awaiting final calculations on environmental benefits, including reductions in carbon emissions achieved by using electric motors for mixing concrete instead of diesel-powered truck drums.

Vanderwerf said "With the new employment coming and the growing population, we feel there's reason to be optimistic about this area and that's why we're investing now."

Canada: Clark Brothers Contracting has received conditional approval from the council of Wellington North Township to build a ready-mix concrete plant in the town in Ontario. Local press has reported that the plans will be subject to review by the Wellington County Land Division Committee in September 2024.

Canada: Cellular concrete products company Cematrix reported revenues of $10.8m in the first half of 2024, up by 11% year-on-year. It recorded adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) of US$364,000, compared to a loss of US$801,000 in the first half of 2023.

CEO Jeff Kendrick said "We continue to work on a number of initiatives to grow shareholder value, as evidenced by our recent uplisting to the Toronto Stock Exchange. We recently completed a new financing round that strengthened our balance sheet and increased Cematrix’s institutional ownership with quality investors committed to our long-term success. Our commitment to growth and shareholder value remains unwavering as we continue to foster strong organic growth and maintain a robust balance sheet. As we execute our strategic plan, we are optimistic about the remainder of 2024 and beyond, confident that our product offerings and the advantages that it delivers to customers will continue to bring tremendous opportunities for our business.”