The Montreal company has once again been selected for Cleantech Group’s list of companies committed to taking action on the climate crisis
Montreal, January 13, 2022 – CarbiCrete has been named to the 2022 Global Cleantech 100 list which includes the most innovative companies in cleantech globally.
The list is curated by Cleantech Group, a San Francisco-based organization that supports the development and marketability of clean technologies. This year, over 10,000 companies were considered for the list.
This is the 13th edition of the widely-respected annual guide. The list included entries from 94 countries, and the sectors covered include Agriculture & Food, Enabling Technologies, Energy & Power, Materials & Chemicals, Resources & Environment and Transportation & Logistics.
“We have the science and ingenuity to solve most of the issues and there is the investment capital, in both private and public markets, to propel a three-decade transformation, to net zero.,” said Richard Youngman, CEO, Cleantech Group.
“The 2022 Global Cleantech 100 companies show this in spades. What they, and hundred others like them, now need is braver regulators, policy makers and procurement departments, to enable such solutions to scale and go down their different cost curves much faster than the current trajectories.”
CarbiCrete’s carbon-negative process for the production of precast concrete replaces cement in concrete with industrial by-products and cures it with carbon dioxide, avoiding the GHG emissions associated with cement production, while permanently sequestering CO2 within the resulting concrete products. For every tonne of concrete produced using this process, 150 kg of CO2 are abated/removed.
“We are extremely proud to have been named to this list by the Cleantech Group,” says Chris Stern, CarbiCrete’s CEO. “To be listed amongst some of the most innovative cleantech companies in the world today is both humbling and inspiring. I wish to congratulate all the other firms listed and look forward to working with many of them as we strive to decarbonize the production of the world’s most consumed man-made substance.”
In December, CarbiCrete announced that it has entered into an agreement with Quebec-based concrete maker Patio Drummond to run a commercial pilot project set to begin early this year with carbon-negative concrete masonry units (CMUs) produced there slated to hit the market in the summer of 2022. CarbiCrete has already sold a portion of the blended abatement and removal credits that will be generated by the pilot to Spin, the micromobility subsidiary of Ford Motor Company.
CarbiCrete is a Montreal-based carbon removal technology 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. For every ton of concrete produced using the CarbiCrete process, 150 kg of CO2 are abated/removed. Carbicrete.com
About Cleantech Group
At Cleantech Group, we provide research, consulting and events to catalyze opportunities for sustainable growth powered by innovation. We bring clients access to the trends, companies and people shaping the future and the customized advice and support businesses need to engage external innovation.
Industries are undergoing definitive transitions toward a more digitized, de-carbonized and resource-efficient industrial future. At every stage from initial strategy to final deals, our services bring corporate change makers, investors, governments and stakeholders from across the ecosystem, the support they need to thrive in this fast-arriving and uncertain future.
The company was established in 2002 and is headquartered in San Francisco with people based in London, Paris and Boston.