Displaying items by tag: Sweden
Holcim and Climate Pledge Fund co-invest in Paebbl and 14Trees
10 October 2024Sweden/Switzerland: Holcim has partnered with US-based retail company Amazon’s Climate Pledge Fund to invest in CO2-sequestering concrete filler developer Paebbl and 3D printers 14Trees. The Paebbl investment is part of a US$25m Series A funding round jointly led by Germany-based venture capital firm Capnamic. Holcim says that the new investment will help Paebbl to scale up. Meanwhile, 14Trees, which is a joint venture of Holcim and British International Investment, will also scale up its operations to begin 3D printing larger buildings, including data centres.
Paebbl co-CEO Marta Sjögren said "We are thrilled to welcome first movers in their respective fields, Amazon and Holcim, as first commercial partners to bring our vision to market. This funding round enables us to take even bolder steps in our mission to make the built environment a cornerstone of the decarbonised economy."
14Trees managing director Francois Perrot said "We are excited to count Amazon and Holcim as investors in 14 Trees, to take our successful 3D-printed technology from homes and schools to data centres, to deliver low-carbon and high-performance buildings."
Holcim’s chief sustainability officer Nollaig Forrest said "By investing with Amazon’s Climate Pledge Fund into 14Trees and Paebbl, we can scale up these pioneering technologies to push the boundaries of sustainable building, from 3D printing to making concrete a carbon sink."
Sweden: Peab has won a contract to build the new Gothenburg Grand Central station for US$870m. The construction firm will integrate its Eco-Betong reduced-CO2 concrete in the building. MarketLine News has reported that the project is set to begin immediately, with the station opening progressively up to early-mid 2027.
Peab’s West regional head Stellan Haraldsson said "The new station building will serve passengers from all of western Sweden and is a testament to our commitment to sustainable community building.”
Sweden: Heidelberg Materials has won a contract to supply its evoZero net-zero concrete. product for the construction of the new Nobel Center in Stockholm. Heidelberg Materials says that its memorandum of understanding with the Nobel Foundation ‘symbolises an important link between science and the green industrial transformation.’ EvoZero concrete achieves its carbon neutrality through Heidelberg Materials’ use of carbon capture at its cement plants.
Jon Morrish, member of Heidelberg Materials’ managing board responsible for Europe, said “Together with the Nobel Center project, we aim to set a new standard for sustainable construction and pave the way for other future-orientated players. The collaboration enables us to combine the world of science and innovative solutions from our own sector such as evoZero in an exciting way.”
Sweden: Heidelberg Materials Northern Europe has announced its deployment of a 100% electric concrete mixer truck. The producer said that it bought the truck from Volvo.
Heidelberg Materials Northern Europe head of environmental, social and governance (ESG) & public affairs and vice president for Sweden Karin Comstedt Webb said “This partnership is a beacon for industry-wide decarbonisation, bringing us closer to our climate goals in Northern Europe. With a full-load capacity of ready-mixed concrete, our environmentally friendly truck not only heralds a new era in construction transport efficiency, but also confirms our leading position in the European building materials sector.”