Latest news with #ScienceBasedTargetsinitiative
Cision Canada
3 days ago
- 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
3 days ago
- 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
3 days ago
- 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@
Business Wire
3 days ago
- Business
- Business Wire
TITAN Group and Carbon Upcycling Forge Strategic Partnership to Develop Low-Carbon Construction Materials
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 CO 2 -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 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
Time of India
5 days ago
- Business
- Time of India
Delta signs 12-year wind power deal for Tamil Nadu plants; aims to reduce 6,979 MT carbon emissions
New Delhi: Delta Electronics India has signed a 12-year Power Purchase Agreement (PPA) to procure 9.6 million units of wind-generated electricity annually for its manufacturing and operational facilities in Tamil Nadu, the company said in a statement. The agreement, facilitated by Ventus Energy Consultancy Private Limited, is projected to help the company reduce its carbon footprint by approximately 6,979 metric tonnes annually. The power will be supplied from wind farms located in Tirunelveli, Tuticorin, and Tiruppur through the Tamil Nadu Generation and Distribution Corporation (TANGEDCO) grid. Benjamin Lin, President of Delta Electronics India, said, 'At Delta, we believe in leading by example. Integrating renewable energy into our operations aligns our growth with India's climate goals and accelerates our global net-zero vision. Collaborations like these are key to building a resilient and responsible energy ecosystem.' In 2023, Delta achieved a 39 per cent reduction in Scope 1 and 2 emissions compared to its 2021 baseline. Between 2010 and 2023, Delta's energy-efficient products enabled global electricity savings of over 45.5 billion kWh, resulting in 23.84 million tonnes of carbon dioxide emissions avoided, according to the company. Niranjan Nayak, Managing Director, Delta Electronics India, said, 'Sustainability is central to Delta's purpose. These PPAs are more than transactions—they are part of a long-term strategy to decarbonize our operations and contribute meaningfully to India's green transition. They also reaffirm our commitments under global frameworks like RE100 and the Science Based Targets initiative (SBTi).' Delta's renewable energy strategy also includes smart grid innovations and real-time energy monitoring using its own automation and IoT technologies. The company has built 35 certified green buildings and operates two net-zero certified data centres globally. Rachna Kango, Senior Director – ESG & Strategic Marketing, Delta Electronics India, said, 'Delta is proud to partner with forward-looking enterprises like Ventus Energy Consultancy to accelerate the clean energy transition. These collaborations reflect our belief in inclusive, stakeholder-driven sustainability and demonstrate how ESG goals can be met through innovative and region-specific energy solutions.' P. Vijayabaskaran, Director of Ventus Energy Consultancy, said, 'With over 15 years of experience in renewable energy and a portfolio managing 750+ MW of wind and solar assets across Tamil Nadu, Ventus Energy Consultancy is proud to support Delta Electronics in its journey toward industrial decarbonization.' Delta Electronics operates 73 R&D centres and 55 manufacturing sites globally and employs over 81,000 people. The company's plan includes expanding renewable sourcing across its Indian facilities.
