Saint-Gobain Construction Chemicals has entered into two partnerships as it continues its efforts to support the development of decarbonisation technologies.
According to the company, these low-carbon technologies are expected to present prospects for collaborative development with new partners in rapidly expanding markets.
This is anticipated to expedite Saint-Gobain’s profitable expansion in the construction chemicals sector.
Specifically, Saint-Gobain has contributed to the fundraising efforts of Fortera, a startup that has created a method for producing low-carbon (CO₂) cement.
Fortera’s process is noted to recycle CO₂ emissions generated during cement production, which is responsible for approximately 8% of global annual CO₂ emissions.
By investing in Fortera via Nova, its venture capital arm, Saint-Gobain is endorsing technologies that target CO₂ emissions at their source.
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By GlobalDataEstablished in 2019, Fortera’s technology can be integrated into existing cement plants, using their limestone resources efficiently.
In addition, Saint-Gobain is supporting Ecocem, a European low-carbon cement technologies provider.
Ecocem is currently expanding and marketing new cement technologies suitable for widespread use.
Its ACT technology, which is compatible with all supplementary cementitious materials, has recently received the European Technical Assessment.
ACT’s carbon footprint has been evaluated to be 70% lower than that of average CEM II-grade cement available in the European market, according to published Environmental Product Declarations.
Both these developments align with Saint-Gobain’s ‘Grow & Impact’ strategy.
The strategy aims to reinforce the group’s leadership position and expedite its growth by enhancing its portfolio of solutions for lightweight and sustainable construction.
