Latest news with #NovusCrete
ME Construction
29-01-2025
- Business
- ME Construction
NovusCrete to pioneer green concrete initiative
Sustainability NovusCrete to pioneer green concrete initiative By This initiative aligns with the goals of Saudi Vision 2030, which aims to strike a balance between economic growth and environmental sustainability Saudi Arabia's Oil Sustainability Program (OSP) has announced the launch of a new consortium in collaboration with NEOM and a raft of selected international partners, NovusCrete. This initiative aligns with the goals of Saudi Vision 2030, which aims to strike a balance between economic growth and environmental sustainability. The consortium partners include the Kingdom's sovereign wealth fund PIF (Public Investment Fund), the Saudi Investment Recycling Company (SIRC), as well as leading Swiss specialty chemicals company Sika and US-based startup ClimateCrete. The move is aimed at developing sustainable and innovative technologies in concrete production, focusing on reducing the carbon footprint of the construction sector and enhancing the environmental efficiency of the materials used. The new consortium is supported by leading local and international entities, including the American Concrete Institute (ACI), which established 'Committee 243 – Seawater Concrete', responsible for developing reports, guidelines, standards and codes on the use of seawater in concrete. The agreement was signed by the consortium partners in the presence of Prince Abdulaziz bin Salman bin Abdulaziz, the Minister of Energy as well as Chairman of the OSP Supervisory Committee. The NovusCrete Consortium, led by OSP, aims to develop standards and codes on the use of seawater in concrete and promote sustainability in the building and construction sectors by recycling waste, extending infrastructure lifespan, and reducing the environmental impact of the sectors. According to OSP, the consortium marks a strategic milestone in fostering innovation and advancing sustainable development through the adoption of cutting-edge solutions designed to meet future demands. Prince Abdulaziz bin Salman bin Abdulaziz commented: 'The consortium focuses on creating new opportunities for the building and construction sector, the manufacturing sector and the Saudi value chain, and supporting the development of new technologies that can deliver sustainability and cost benefits.' The consortium seeks to accelerate technological advancements in sustainable concrete solutions, while giving priority to localisation, via the use of seawater, polymer-based materials, recycled construction and demolition waste. Through this collaboration, members aim to facilitate the adoption and expansion of seawater concrete applications, reinforced with Glass Fiber Reinforced Polymer (GFRP) rebars and other sustainable materials in the building and construction sector. The participating parties aim to empower the local construction sector by focusing on environmental protection, driving innovation, and supporting the local economy – efforts led by OSP.
Leaders
27-01-2025
- Business
- Leaders
Saudi Energy Minister Attends Launch of Consortium Boosting Sustainable Concrete
Saudi Energy Minister Prince Abdulaziz bin Salman has attended the signing ceremony of a memorandum of understanding (MoU) to launch the NovusCrete consortium, Arab News reported. The consortium represents a global collaboration to develop and accelerate the adoption of sustainable and durable saltwater concrete. Led by the Kingdom's Oil Sustainability Program, the consortium aims to place standards for using seawater in concrete. Furthermore, it boosts sustainability in construction, extend infrastructure lifespan, and decrease environmental impact. Various Saudi entities are participating in the consortium such as the Public Investment Fund, Saudi Investment Recycling Company, NEOM through its Design and Construction Sector, Sika, as well as ClimateCrete. These leading organizations stated that they seek to elevate sustainable technologies for concrete production, that concentrates on reducing the construction sector's carbon footprint and fostering material efficiency. Interestingly, the ceremony highlighted the presence of several prominent figures for instance Yasir Al-Rumayyan, governor of PIF; Saad Al-Qasabi, governor of the Saudi Standards, Metrology, and Quality Organization; as well as Khalid Al-Salem, president of the Royal Commission for Jubail and Yanbu. Related Topics: NIDLP Exceeds Half of Saudi Vision 2030 Goals, Energy Minister Says Boosting Localization: Energy Minister Inaugurates New Factories Energy Minister Leads Saudi Delegation at COP29 in Azerbaijan Short link : Post Views: 71
Arab News
26-01-2025
- Business
- Arab News
Saudi energy minister joins launch of consortium to promote sustainable concrete
RIYADH: Saudi Energy Minister Prince Abdulaziz bin Salman on Sunday attended the signing of a memorandum of understanding to launch the NovusCrete consortium, a global collaboration to develop and accelerate the adoption of sustainable and durable saltwater concrete. The consortium, led by the Kingdom's Oil Sustainability Program, also seeks to create standards for using seawater in concrete, promote sustainability in construction by recycling waste, extend infrastructure lifespan, and reduce environmental impact. Leading Saudi organizations taking part in the consortium include the Public Investment Fund, Saudi Investment Recycling Company, NEOM through its Design and Construction Sector, Sika, and ClimateCrete. The participating parties said they aim to develop sustainable technologies for concrete production, focusing on reducing the construction sector's carbon footprint and enhancing material efficiency. They will also improve Saudi Arabia's construction sector by promoting seawater concrete solutions using local materials. The signing ceremony in Riyadh was also attended by Yasir Al-Rumayyan, governor of PIF; Saad Al-Qasabi, governor of the Saudi Standards, Metrology, and Quality Organization; and Khalid Al-Salem, president of the Royal Commission for Jubail and Yanbu. The new consortium includes international organizations, such as the American Concrete Institute. It aligns with Saudi Vision 2030, which aims to balance economic growth and environmental sustainability.
