Displaying items by tag: stake

Canada: HeidelbergCement has announced its acquisition of a minority stake in concrete technology developer Giatec Scientific. The group says that, together, the partners will drive the development and adoption of industry-leading sensor technology and AI-driven software in order to reduce concrete’s carbon footprint and optimise processes for HeidelbergCement’s ready-mix concrete customers.

HeidelbergCement said “Giatec’s suite of proprietary smart sensors helps with accurate monitoring of concrete throughout its lifecycle, all the way from production to delivery and placement. Combined with sophisticated AI algorithms, which learn continuously from past and present data sets, the real- time sensor data enables concrete producers to optimise concrete mixes, with up to 20% cement reduction in certain applications.”