Back in 2007, CarbonCure set out to reduce the carbon footprint of the concrete industry. We now find ourselves at the forefront of a movement to turn waste carbon dioxide (CO2) into a valuable commodity: concrete.
This new industry of carbon utilization is expected to become a $1 trillion industry, and reduce global greenhouse gases by up to 15%, by the year 2030.
CarbonCure’s vision is to make the introduction of CO2 into concrete standard for all concrete production across the globe. We also imagine a world in which CO2 is sourced from cement plants, and used downstream by concrete plants to make stronger and greener concrete. By realizing the full potential of CarbonCure's portfolio of technologies, we could save up to 500 megatonnes of CO2 emissions every year.
CarbonCure was founded in 2007 by Rob Niven. Rob had recently graduated with a Masters in Engineering from McGill University, where he studied the benefits of introducing CO2 to fresh concrete. That year, Rob attended a United Nations summit on Climate Change, where he saw a global demand for solutions to reduce carbon emissions.
Inspired by the summit, Rob thought to himself, “The scientific community understands that CO2 can be chemically converted to a mineral within concrete. So why can’t we find a way to use CO2 in every-day concrete, and help concrete producers respond to the demand for green building products?”
Since 2007, CarbonCure has developed a scalable technology that provides economic advantages to its customers while reducing carbon emissions - truly a win-win solution.
The Beneficial Reuse of CO2 Industry
The emerging industry of beneficial reuse of CO2 is expected to become a $1 trillion industry by the year 2030, according to The Global CO2 Initiative (GCI). CO2 utilization products for the concrete sector alone create an estimated $400 billion market opportunity and have the potential to reduce up to 1.4 gigatonnes of annual CO2 emissions by 2030.
Among 200 companies evaluated, GCI ranked CarbonCure as the most scalable solution to address this opportunity.
CarbonCure's portfolio of technologies has the potential to reduce up to 500 megatonnes of annual global CO2 emissions and create up to $26 billion in new production efficiencies.
About CarbonCure Technologies Inc.
CarbonCure is the world leader in CO2 utilization technologies for the cement and concrete sector. Its retrofit technology chemically mineralizes waste carbon dioxide during the concrete manufacturing process to make greener and stronger concrete. The CarbonCure Technology is being used by concrete producers across North America and Southeast Asia to reduce concrete’s carbon footprint, create new production cost savings and gain a competitive sales advantage. Concrete plants are retrofitted in a single day and require no CAPEX or changes to their materials and production practices.
CarbonCure expresses its gratitude to the following organizations that have supported our success:
CarbonCure is proud to support the following organizations:
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CarbonCure is a finalist in the global NRG COSIA Carbon XPRIZE