Montreal, November 10, 2020 – CarbiCrete is one of the ten winners of the 2020 Construction Startup Competition led by CEMEX Ventures and its partners, Ferrovial, Hilti, VINCI Group’s Leonard and NOVA by Saint-Gobain.
The competition is designed to identify and foster startups that can drive innovation in the construction industry.
The winners, who will benefit from opportunities such as workshops, pilots or investments, were evaluated on five areas of opportunity within the industry—from smart cities and buildings to optimization of supply chain management, construction with innovative materials or methods, and optimization of productivity, efficiency, and quality in daily project management.
“We are honoured and proud to have been selected as one of the winners,” says CarbiCrete CEO, Chris Stern. “I would like to congratulate the other successful companies. We look forward to working with them, as well as the organizing partner organizations on bringing sustainable solutions to the construction industry.”
CarbiCrete is commercializing a carbon-negative process for the production of precast concrete. The company’s technology replaces cement in the concrete mix with steel slag and cures it with carbon dioxide, avoiding the GHG emissions associated with cement production, while permanently sequestering CO2 within the resulting concrete products.
The company is set to launch its industrial-scale pilot project, which will be housed at hardscape manufacturer Patio Drummond’s precast facility in Drummondville, Quebec.
Carbicrete is a Montreal-based cleantech company developing innovative, low-cost building solutions that contribute to the reduction of greenhouse gas emissions. Carbicrete’s breakthrough patented technology enables the production of cement-free, carbon-negative concrete made with industrial by-products and captured carbon dioxide. Carbicrete.com