Latest news with #ApoorvSinha
Cision Canada
4 days ago
- Business
- Cision Canada
Carbon Upcycling Closes $18M Investment Led by Builders Vision to Bolster Cement Manufacturing Resiliency
CALGARY, AB, June 18, 2025 /CNW/ - Carbon Upcycling Technologies ("Carbon Upcycling"), a leader in carbon and resource utilization, announced today the closing of its USD 18 million investment round led by Builders Vision, a team of investors and philanthropists accelerating tomorrow's most promising solutions across agriculture, food, and oceans. The latest investment builds on a landmark period of momentum for Carbon Upcycling as the company develops its first-of-its-kind carbon capture & utilization technology project at the Ash Grove Mississauga Cement Plant, and executes on its newly signed memorandum of agreement with TITAN Group to assess projects at two of its cement plants. The investment round garnered follow-on participation from a strong contingent of existing investors, including Business Development Bank of Canada, Climate Investment, Amplify Capital, and strategic investors CRH Ventures, Oxy Low Carbon Ventures, and TITAN Group. The continued participation of returning investors underscores the growing confidence in Carbon Upcycling's commercial readiness and role in manufacturing localized, low-carbon building materials. "Builders Vision's investment, along with the continued support of our partners, is a powerful signal that the market is ready for scalable, science-based solutions like Carbon Upcycling," said Apoorv Sinha, CEO of Carbon Upcycling. "With the support of Builders Vision and our strategic partners, we are setting the foundation for low-carbon construction, demonstrating that it is not just possible — but practical, profitable, and available today." Carbon Upcycling's groundbreaking technology produces high-performance, sustainable supplementary cementitious products by utilizing and upcycling locally sourced, low-value materials and captured CO₂ emissions. In doing so, the technology localizes critical building material supplies, bolstering construction supply chains and significantly reducing cement emissions. "Carbon Upcycling is redefining what's possible in industrial decarbonization by turning waste and emissions into valuable, scalable materials," said James Lindsay, Investment Director at Builders Vision. "Their technology is widely applicable to a number of local feedstocks and quickly integrates onsite to existing production facilities, and that's what the market needs. We're proud to support their growth as they lead the charge toward a more sustainable and resilient construction industry, starting with a flagship project that sets a new global standard." With this latest investment, Carbon Upcycling is poised to lead the next era of low-carbon innovation in construction. By combining scalable carbon capture with waste utilization, the company addresses a critical environmental challenge while laying the groundwork for a resilient, clean supply chain to support tomorrow's infrastructure. To learn more about Carbon Upcycling, visit About Carbon Upcycling Carbon Upcycling is a carbon and resource utilization company, strengthening critical cement supply chains for the infrastructure of tomorrow. Its technology offers a value-add solution for CO₂ emissions and industrial waste materials by upcycling them into low-carbon supplementary cement products. The patented system captures and reduces emissions through carbon capture and abatement while fostering localized, circular supply chains. Carbon Upcycling is backed by a syndicate of strategic investors, including Builders Vision, Business Development Bank of Canada, Climate Investment, Oxy Low Carbon Ventures, Clean Energy Ventures, and Amplify Capital, as well as three of the world's leading cement manufacturers: CRH, Cemex, and TITAN Group. Learn more at About Builders Vision: Builders Vision is a team of investors and philanthropists accelerating tomorrow's most promising solutions across food and agriculture, energy and oceans. By deploying capital from grantmaking to market-rate investments, we aim to maximize financial returns and lasting impact. We are diversified and risk-aware, ensuring our investments balance both financial growth and long-term sustainability. The team's portfolios include over 300 grantees, over 100 emerging and established fund managers across all asset classes, and nearly 50 direct investments in companies and accelerators. A more resilient future for investors, communities, and the planet requires harnessing the collective power of innovation, capital and collaboration. We work closely with leaders and visionaries at the cutting edge of sustainability. At the heart of everything we do are our partners — the entrepreneurs, advocates, scientists and co-investors — who are closest to the solutions that will transform industries and achieve lasting impact.
Calgary Herald
7 days ago
- Business
- Calgary Herald
Parker: Calgary firm Carbon Upcycling turns industrial waste into valuable cement products
Article content Calgary-based Carbon Upcycling is making great strides in its mission to convert carbon emissions and industrial waste byproducts into valuable, local materials for low-carbon cement production. Its groundbreaking technology offers a productive solution for CO2 emissions and industrial waste materials by upcycling them into low-carbon supplementary cement products. Article content Article content In the few years since it was launched in 2015, the company has attracted the interest of a large number of major cement companies and has forged a strategic partnership with TITAN Group, one of the world's leading international businesses in the building and infrastructure materials industry. Article content The companies entered a memorandum of agreement earlier this month to explore the commercial development of Carbon Upcycling's technology for producing local, low-carbon building materials. The collaboration builds on TITAN's earlier investment in the Calgary company and underscores both companies' shared commitment to accelerating the decarbonization of the building materials industry. Article content 'Expanding the scope of our partnership with Carbon Upcycling from investment to project exploration aims to scale up production of innovative, high-performance cementitious solutions in line with our Green Growth Strategy 2026,' says Leonidas Canellopoulos, chief sustainability and innovation officer of TITAN Group. 'This initiative not only highlights the importance of localized production but also serves as an important model for integrating low-carbon solutions into mainstream industrial processes.' Article content Article content The scientist with the vision of an inclusive, equitable world where carbon is a sustainable resource — shaping the future of humanity — is Apoorv Sinha, co-founder and CEO of Carbon Upcycling. Article content Born in Baha, a small province in the northeast area of India, he was brought up in Kuwait where his father had moved the family to work in the oil and gas industry. Sinha's education took him to the U.S., where he earned his chemical engineering degree at Georgia Institute of Technology. Article content He says he was attracted to Calgary as an energy hub with a reputation for innovation — a good place to build a business. In 2014, along with a couple of friends, they entered an Emissions Reduction Alberta challenge for the most innovative technologies that would convert CO2 emissions into valuable products.
Cision Canada
04-06-2025
- Business
- Cision Canada
Carbon Upcycling and TITAN Group Forge Strategic Partnership to Develop Low-Carbon Construction Materials
CALGARY, AB, June 4, 2025 /CNW/ - Carbon Upcycling Technologies Inc. ("Carbon Upcycling"), a leader in carbon and waste utilization, and TITAN Group ("TITAN"), a leading international business in the building and infrastructure materials industry, have entered into a Memorandum of Agreement (MOA) to explore the commercial deployment of Carbon Upcycling's technology for producing local, low-carbon building materials. This collaboration builds upon TITAN's earlier investment in Carbon Upcycling and underscores both companies' shared commitment to accelerating the decarbonization of the building materials industry. The MOA outlines plans for Carbon Upcycling to conduct technical feasibility studies at two TITAN cement plants, with the goal of implementing its technology to produce high-performing, low-carbon supplementary cementitious products by utilizing and upcycling captured CO₂ emissions and abundantly available local materials. These CO₂-enhanced cementitious products are expected to strengthen construction supply chains and significantly reduce the carbon footprint of cement production. " Our partnership with TITAN Group represents the necessary collaboration to advance the global cement industry towards a circular, low-carbon future," said Apoorv Sinha, CEO of Carbon Upcycling. " Globally, we are seeing increasingly complex supply chains. Carbon Upcycling is transforming this reality by localizing critical cementitious material production so we can continue to build what matters most." " Expanding the scope of our partnership with Carbon Upcycling from investment to project exploration aims to scale up the production of innovative, high-performance cementitious solutions in line with our Green Growth Strategy 2026," said Leonidas Canellopoulos, Chief Sustainability & Innovation Officer of TITAN Group."This initiative not only highlights the importance of localized production but also serves as an important model for integrating low-carbon solutions into mainstream industrial processes. Through this collaboration, TITAN and Carbon Upcycling are setting a precedent for how strategic alliances can drive meaningful change in the built environment." Carbon Upcycling's demonstration plant is currently operating in Western Canada, with its CO2-enhanced cement products commercially deployed across the built environment. The company is now developing its flagship commercial-scale project in Eastern Canada. TITAN Group has set CO₂ reduction targets across Scopes 1, 2, and 3, validated by the Science Based Targets initiative (SBTi) toward net zero by 2050. TITAN's roadmap includes concrete actions to lower the carbon footprint of its operations and products. TITAN Group aims to double its sales of low-carbon products by 2026 compared to 2022. Learn more about TITAN's journey to net zero at: About Carbon Upcycling Carbon Upcycling is a carbon and waste utilization company securing critical cement supply chains for the infrastructure of tomorrow. Its technology offers a productive solution for CO₂ emissions and industrial waste materials by upcycling them into low-carbon supplementary cement products. The patented system captures and reduces emissions through carbon capture and abatement while fostering localized, circular supply chains. Carbon Upcycling is backed by a syndicate of strategic investors, including the Business Development Bank of Canada, Climate Investment, Oxy Low-Carbon Ventures, and Clean Energy Ventures, as well as three of the world's leading cement manufacturers: CRH, Cemex, and TITAN Group. Learn more at About TITAN Group TITAN Group is a leading international business in the building and infrastructure materials industry, with passionate teams committed to providing innovative solutions for a better world. With most of its activity in the developed markets, the Group employs over 5,700 people and is present in over 25 countries, holding prominent positions in the US, Europe, including Greece, the Balkans, and the Eastern Mediterranean. The Group also has joint ventures in Brazil and India. With a 120-year history, TITAN has always fostered a family-and entrepreneurial-oriented culture for its employees and works tirelessly with its customers to meet the modern needs of society while promoting sustainable growth with responsibility and integrity. TITAN has set a net-zero goal for 2050 and has its CO₂ reduction targets validated by the Science Based Targets initiative (SBTi).
Yahoo
04-06-2025
- Business
- Yahoo
Carbon Upcycling and TITAN Group Forge Strategic Partnership to Develop Low-Carbon Construction Materials
CALGARY, AB, June 4, 2025 /CNW/ - Carbon Upcycling Technologies Inc. ("Carbon Upcycling"), a leader in carbon and waste utilization, and TITAN Group ("TITAN"), a leading international business in the building and infrastructure materials industry, have entered into a Memorandum of Agreement (MOA) to explore the commercial deployment of Carbon Upcycling's technology for producing local, low-carbon building materials. This collaboration builds upon TITAN's earlier investment in Carbon Upcycling and underscores both companies' shared commitment to accelerating the decarbonization of the building materials industry. The MOA outlines plans for Carbon Upcycling to conduct technical feasibility studies at two TITAN cement plants, with the goal of implementing its technology to produce high-performing, low-carbon supplementary cementitious products by utilizing and upcycling captured CO₂ emissions and abundantly available local materials. These CO₂-enhanced cementitious products are expected to strengthen construction supply chains and significantly reduce the carbon footprint of cement production. "Our partnership with TITAN Group represents the necessary collaboration to advance the global cement industry towards a circular, low-carbon future," said Apoorv Sinha, CEO of Carbon Upcycling. "Globally, we are seeing increasingly complex supply chains. Carbon Upcycling is transforming this reality by localizing critical cementitious material production so we can continue to build what matters most." "Expanding the scope of our partnership with Carbon Upcycling from investment to project exploration aims to scale up the production of innovative, high-performance cementitious solutions in line with our Green Growth Strategy 2026," said Leonidas Canellopoulos, Chief Sustainability & Innovation Officer of TITAN Group. "This initiative not only highlights the importance of localized production but also serves as an important model for integrating low-carbon solutions into mainstream industrial processes. Through this collaboration, TITAN and Carbon Upcycling are setting a precedent for how strategic alliances can drive meaningful change in the built environment." Carbon Upcycling's demonstration plant is currently operating in Western Canada, with its CO2-enhanced cement products commercially deployed across the built environment. The company is now developing its flagship commercial-scale project in Eastern Canada. TITAN Group has set CO₂ reduction targets across Scopes 1, 2, and 3, validated by the Science Based Targets initiative (SBTi) toward net zero by 2050. TITAN's roadmap includes concrete actions to lower the carbon footprint of its operations and products. TITAN Group aims to double its sales of low-carbon products by 2026 compared to 2022. Learn more about TITAN's journey to net zero at: About Carbon UpcyclingCarbon Upcycling is a carbon and waste utilization company securing critical cement supply chains for the infrastructure of tomorrow. Its technology offers a productive solution for CO₂ emissions and industrial waste materials by upcycling them into low-carbon supplementary cement products. The patented system captures and reduces emissions through carbon capture and abatement while fostering localized, circular supply chains. Carbon Upcycling is backed by a syndicate of strategic investors, including the Business Development Bank of Canada, Climate Investment, Oxy Low-Carbon Ventures, and Clean Energy Ventures, as well as three of the world's leading cement manufacturers: CRH, Cemex, and TITAN Group. Learn more at About TITAN Group TITAN Group is a leading international business in the building and infrastructure materials industry, with passionate teams committed to providing innovative solutions for a better world. With most of its activity in the developed markets, the Group employs over 5,700 people and is present in over 25 countries, holding prominent positions in the US, Europe, including Greece, the Balkans, and the Eastern Mediterranean. The Group also has joint ventures in Brazil and India. With a 120-year history, TITAN has always fostered a family-and entrepreneurial-oriented culture for its employees and works tirelessly with its customers to meet the modern needs of society while promoting sustainable growth with responsibility and integrity. TITAN has set a net-zero goal for 2050 and has its CO₂ reduction targets validated by the Science Based Targets initiative (SBTi). The company is listed on Euronext and the Athens Exchange. For more information, visit our website at View original content to download multimedia: SOURCE Carbon Upcycling Technologies Inc. View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-06-2025
- Business
- Yahoo
TITAN Group and Carbon Upcycling Forge Strategic Partnership to Develop Low-Carbon Construction Materials
BRUSSELS, June 04, 2025--(BUSINESS WIRE)--Regulatory News: TITAN Group ("TITAN") (Brussels:TITC), a leading international business in the building and infrastructure materials industry, and Carbon Upcycling Technologies Inc. ("Carbon Upcycling"), a leader in carbon and waste utilization, have entered into a Memorandum of Agreement (MOA) to explore the commercial deployment of Carbon Upcycling's technology for producing local, low-carbon building materials. This collaboration builds upon TITAN's earlier investment in Carbon Upcycling and underscores both companies' shared commitment to accelerating the decarbonization of the building materials industry. The MOA outlines plans for Carbon Upcycling to conduct technical feasibility studies at two TITAN cement plants, with the goal of implementing its technology to produce high-performing, low-carbon supplementary cementitious products by utilizing and upcycling captured CO₂ emissions and abundantly available local materials. These CO₂-enhanced cementitious products are expected to strengthen construction supply chains and significantly reduce the carbon footprint of cement production. "Expanding the scope of our partnership with Carbon Upcycling from investment to project exploration aims to scale up the production of innovative, high-performance cementitious solutions in line with our Green Growth Strategy 2026", said Leonidas Canellopoulos, Chief Sustainability & Innovation Officer of TITAN Group. "This initiative not only highlights the importance of localized production but also serves as an important model for integrating low-carbon solutions into mainstream industrial processes. Through this collaboration, TITAN and Carbon Upcycling are setting a precedent for how strategic alliances can drive meaningful change in the built environment." "Our partnership with TITAN Group represents the necessary collaboration to advance the global cement industry towards a circular, low-carbon future", said Apoorv Sinha, CEO of Carbon Upcycling. "Globally, we are seeing increasingly complex supply chains. Carbon Upcycling is transforming this reality by localizing critical cementitious material production so we can continue to build what matters most." Carbon Upcycling' demonstration plant is currently operating in Western Canada, with its CO2-enhanced cement products commercially deployed across the built environment. The company is now developing its flagship commercial-scale project in Eastern Canada. TITAN Group has set CO₂ reduction targets across Scopes 1, 2, and 3, validated by the Science Based Targets initiative (SBTi) toward net zero by 2050. TITAN's roadmap includes concrete actions to lower the carbon footprint of its operations and products. TITAN Group aims to double its sales of low-carbon products by 2026 compared to 2022. Learn more about TITAN's journey to net zero at: About TITAN Group TITAN Group is a leading international business in the building and infrastructure materials industry, with passionate teams committed to providing innovative solutions for a better world. With most of its activity in the developed markets, the Group employs over 5,700 people and is present in over 25 countries, holding prominent positions in the US, Europe, including Greece, the Balkans, and the Eastern Mediterranean. The Group also has joint ventures in Brazil and India. With a 120-year history, TITAN has always fostered a family-and entrepreneurial-oriented culture for its employees and works tirelessly with its customers to meet the modern needs of society while promoting sustainable growth with responsibility and integrity. TITAN has set a net-zero goal for 2050 and has its CO₂ reduction targets validated by the Science Based Targets initiative (SBTi). The company is listed on Euronext and the Athens Exchange. For more information, visit our website at About Carbon Upcycling Carbon Upcycling is a carbon and waste utilization company securing critical cement supply chains for the infrastructure of tomorrow. Its technology offers a productive solution for CO₂ emissions and industrial waste materials by upcycling them into low-carbon supplementary cement products. The patented system captures and reduces emissions through carbon capture and abatement while fostering localized, circular supply chains. Carbon Upcycling is backed by a syndicate of strategic investors, including the Business Development Bank of Canada, Climate Investment, Oxy Low-Carbon Ventures, and Clean Energy Ventures, as well as three of the world's leading cement manufacturers: CRH, Cemex, and TITAN Group. Learn more at View source version on Contacts media@
