CarbonCure enters Asian market through partnership with Singapore concrete innovator Pan-United
Pan-United to introduce CarbonCure’s breakthrough technology providing greener and stronger concrete to the ready mix concrete industry in Singapore and region
SINGAPORE, 19 NOVEMBER 2018 – Canadian clean technology company CarbonCure Technologies Inc. (“CarbonCure”) has partnered with Singapore concrete innovation company Pan-United Corporation Ltd (“Pan-United”, “泛联集团” ) to bring CarbonCure’s breakthrough CO2 recycling technology for concrete manufacturing to Asian markets.
The CarbonCure Technology chemically converts carbon dioxide captured from industrial emitters into a nano-mineral that becomes permanently embedded within concrete. The process improves concrete’s compressive strength and enables concrete producers to realize manufacturing efficiencies while reducing the concrete’s carbon footprint. The CarbonCure Technology has the potential to save over 4,000 tonnes CO2 annually at each Pan-United concrete plant.
Mr Niven said: "Singapore is a vital gateway to CarbonCure’s entry into Asia to further our global efforts to mitigate harmful carbon emissions from the built environment.
“We are delighted and convinced that we have a like-minded and strong partner in Pan-United, which is the industry leader in South-east Asia for advancing green concrete initiatives. Pan-United’s technology capabilities in the concrete and logistics space are second to none in this region.”
Employing over 1,500 people, Pan-United is Singapore’s largest concrete and cement company, with operations expanding across Malaysia, Indonesia, and Vietnam. It is the first concrete firm to attain the Singapore Green Building Council’s (SGBC’s) “Leader” certification, which is the SGBC’s highest level of sustainability certification.
Mr Ken Loh [羅嘉遜], Pan-United Executive Director, said: “Pan-United is excited to expand our portfolio of sustainable initiatives with the addition of CarbonCure’s unique breakthrough technology.
“We view its clean technology as very useful in addressing the urgent climatic need to reduce the global carbon footprint. Pan-United intends to expand the use of the CarbonCure Technology by introducing it to other ready mix concrete producers in Singapore and the region.
“While reducing the overall carbon footprint, we believe this special process has multiple benefits to enable sustainability gains not only for concrete producers and the construction industry but also for developers in their building projects,” he noted.
”As a proudly homegrown company, Pan-United seeks to continually set new industry standards in Singapore as well as in overseas markets, and to extend global awareness of our technical capabilities, service standards and product development expertise,” Mr Loh added.
CarbonCure, a world leader in carbon dioxide utilization technologies for the concrete industry, announced in September that it had closed a strategic round of investment led by Breakthrough Energy Ventures, a $1 billion clean technology investment fund created to accelerate the world’s transition to clean energy. CarbonCure’s entry into Asia represents a quick delivery on one of the major objectives of this investment, which was to accelerate CarbonCure’s expansion into international markets and commercialize new value-added CO2 technologies.
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ABOUT CARBONCURE TECHNOLOGIES
CarbonCure Technologies Inc. is the global leader in CO2 utilization technologies for the world’s most abundant man-made material: concrete. The retrofit CarbonCure Technology chemically mineralizes waste carbon dioxide during the concrete manufacturing process to make greener and stronger concrete. CarbonCure has partnered with over 100 concrete producers across North America and Asia to create new production cost savings, gain competitive sales advantages, and reduce the carbon footprint of the built environment. CarbonCure is a portfolio company of Elemental Excelerator, a global growth accelerator that supports clean technology deployment in the Asia Pacific, Hawaii and California regions.
ABOUT THE PAN-UNITED GROUP
Concrete innovation company Pan-United Corporation Ltd (Pan-United) is a homegrown Singapore-listed multinational corporation with operations in four Asian countries and a total workforce of more than 1,500 people. It is a global leader in concrete technologies harnessing innovation and cutting-edge digital platforms to develop industry-leading, sustainable solutions in the concrete and logistics space. With a strong base as Singapore’s largest concrete and cement company, Pan-United has expanded into markets in Malaysia, Indonesia and Vietnam, where it is the top brand in Ho Chi Minh City. The Group is a renowned and trusted brand for high quality concrete solutions with a 60-year reputation for excellent customer service.
For further enquiries, please kindly contact:
Christie Gamble CARBONCURE TECHNOLOGIES INC.
Janelle Loh PAN-UNITED CORPORATION LTD
Tel : +65 6305 7346
Mobile : +65 9739 8042
Amira Sadiran NEWGATE COMMUNICATIONS
Tel : +65 6532 0606
Mobile : +65 8202 9494