The collaboration aims to pave the way for certification and commercialization of CarbiCrete’s carbon utilization technology in Europe

Paris, May 26, 2023 – CarbiCrete and POINT.P, a Saint-Gobain brand, announced today that they have signed a Cooperation Agreement.

The announcement was made jointly by CarbiCrete CEO Chris Stern, and Nicolas Godet, Managing Director of POINT.P, a Saint-Gobain brand, at ChangeNOW, a summit that brings together innovators, investors, thought leaders, and policymakers to accelerate environmental and social transition.

The Cooperation Agreement lays the foundation for the production and certification of cement-free, carbon-sequestering concrete blocks, made with CarbiCrete technology, at a POINT.P pilot site in France.

CarbiCrete’s process replaces cement in concrete with industrial by-products, avoiding the GHG emissions associated with cement production. The products are then cured with carbon dioxide, which is permanently sequestered within the concrete.

“I am tremendously pleased with the evolution of this partnership,” says Stern. “In 2022, Saint-Gobain participated in our Series A funding round, and today’s new collaboration between CarbiCrete and POINT.P is a vote of confidence that demonstrates the company’s continued enthusiasm for our decarbonization solution.”

“POINT.P is the perfect partner to help commercialize our technology in France.”

“This cooperation is in step with POINT.P’s strategy to decarbonize its offer and to accelerate circular construction. POINT.P, as part of the Saint-Gobain Group, is committed to maximize its positive impact with solutions that contribute to a low carbon economy in line with the Group’s ambition to reach carbon neutrality by 2050,” says Godet.

CarbiCrete’s technology is currently being deployed at its pilot facility housed at hardscape manufacturer Patio Drummond’s precast plant in Drummondville, Quebec.

About CarbiCrete

CarbiCrete is a Montreal-based carbon removal technology company whose patented technology enables the production of cement-free, carbon-sequestering concrete made with industrial by-products and captured carbon dioxide. CarbiCrete.com

About POINT.P

With a network of more than 1,000 sales outlets and 235 showrooms, POINT.P supports all construction, renovation and fitting-out projects. As a player in energy renovation and decarbonation, the company markets all the products, solutions and services needed to build an economical, comfortable and sustainable home. It offers expert advice on structural work, plastering, insulation, roofing, tiling and coatings, and interior and exterior joinery. Close to building professionals and individuals alike, POINT.P mobilizes the best of the housing community (industrial partners, craftsmen, specifiers, etc.) and develops innovative digital tools to make their projects a success. POINT.P is the main brand of Saint-Gobain Distribution Bâtiment France and has 11,500 employees. www.pointp.fr and

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Media Contact for CarbiCrete:

CarbiCrete
Yuri Mytko
Chief Marketing Officer
514-927-9874

yuri.mytko@CarbiCrete.com

CarbiCrete.com

Media Contacts for POINT.P:

CLC Communications

Jérôme Saczewski – 06 09 93 03 44 | j.saczewski@clccom.com

Christelle Grelou – 06 46 54 94 51 | c.grelou@clccom.com

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