Accelerating Growth Through Strategic Partner Agreement With ASTEC

Last week, we announced an exciting strategic partner agreement with Astec Industries—a leading global manufacturer of specialized equipment for asphalt road building, aggregate processing, and concrete production.

This partnership with ASTEC will help CarbonCure expand its North American sales strategy beyond direct sales to meet the growing demand for low-carbon and circular concrete products and carbon removal credits.

Partnering to Decarbonize Concrete

CarbonCure’s goal of reducing or removing 500 million tonnes of carbon dioxide from the built environment annually by 2030 depends on our ability to quickly scale.

To date, our sustainable concrete technology has been installed in more than 400 concrete plants around the world. By partnering with industry leaders like ASTEC—who share our values for environmental stewardship—we can quickly expand our footprint and multiply our impact to meet CarbonCure’s ambitious 500 megatonne mission

About ASTEC Industries

ASTEC was established in 1972 with the vision to apply creative thinking and state-of-the-art technology for the construction industry. Since then, ASTEC’s market-leading brands have established the company as a global leader in the manufacturing and supply of equipment for the construction sector.

CarbonCure’s position on the cutting-edge of clean construction technology makes it well suited for ASTEC’s portfolio of equipment. Our partnership with ASTEC also underlines the company‘s strong commitment to environmental social governance. ASTEC is passionate about the health and safety of its employees and cares about the communities in which it operates. Its range of Rock to Road products proactively strives to recycle natural resources and reduce the company’s carbon footprint. 

The Concrete Opportunity for ASTEC Customers

With increasing infrastructure spending, the global concrete and cement products industry is expected to grow from $333 billion USD in 2020 to $481 billion USD in 2025. 

This growth is good news for concrete producers. However, cement—the key ingredient that gives concrete its strength—is one of the largest emitters of CO2 in the built environment. Cement represents more than three times the CO2 emissions of civil aviation. 

There is a huge opportunity to ensure that the majority of the predicted growth in the construction sector comes from sustainable, low-carbon concrete.

By partnering with CarbonCure, ASTEC’s customers are perfectly positioned to gain a competitive advantage, appealing to the growing number of end users seeking sustainable building solutions like low-carbon concrete. 

Learn more about the partnership with Astec Industries.

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