Holcim invests in Vateris to scale advanced CO₂ mineralisation technology
Holcim has invested in Vateris, a UK-based advanced materials technology company.
Vateris has pioneered a breakthrough process that converts flue gas CO₂ into a high-performance, calcium-based material made from carbon dioxide that can be added to ready-mix and pre-cast concrete to improve its strength, and to reduce the amount of cement used in its production.
Alfonso Paradinas, Chief Marketing & Innovation Officer, Holcim: “By integrating CO₂ mineralisation, Vateris’ technology has the ability to reduce the cement used in concrete and lower its carbon footprint. This investment in the company’s breakthrough innovation adds to the wide range of decarbonisation technologies that we are scaling up for the built environment.”
Vateris has successfully demonstrated its technology in a UK pilot project with Holcim and is nearing commercial deployment through strategic industrial partnerships. Together, the two companies will focus on integrating Vateris' mineralisation process within Holcim's cement and concrete production environments, scaling engineered calcium carbonate additives and exploring joint development opportunities across Holcim’s global operations.
This investment broadens Holcim's range of decarbonisation technologies, centred on its open innovation ecosystem. Holcim is assessing more than 500 start-ups annually through Holcim MAQER Ventures, its corporate venture capital unit. Holcim has made 20 investments to date through Holcim MAQER Ventures.
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"This investment in the company’s breakthrough innovation adds to the wide range of decarbonisation technologies that we are scaling up for the built environment.”
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