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Draft:Cemvision

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Cemvision
IndustryBuilding materials
Founded2020 : 4 years ago
HeadquartersStockholm, Sweden
Key people
Oscar Hållén
Claes Kollberg
Paul Sandberg
Websitehttps://www.cemvision.tech/

Cemvision is a Stockholm-based company.[1] The company is focused on developing low-carbon alternatives to reduce emissions in cement production.

History

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The company was founded in 2020. In 2021, it announced its production of green cement in industrial demo, which reduces CO2 emission by up to 95% compared to traditional cement production.[2]

In October 2022, it was selected for the Breakthrough Energy Fellows program started by Bill Gates.[3][4]

In December 2023, the company signed its first contract with LKAB, an international mining and mineral group to supply green cement.[5]

In 2024, Cemvision was recognized as one of the world's most innovative companies by Fast Company.[6] The company also announced a new agreement with Vattenfall for the supply and development of low-carbon cement.[7][8][9] Rob Van Riet at the World Economic Forum described the agreement as" a significant milestone of the sector.[10]" The company also announced customer agreements and started deliveries to mining company LKAB and construction company Peab.[11]

Technology

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The cement industry emits up to 8% of global CO2 emissions due to limestone heating and its inherent carbon content. Cemvision breaks this cycle by replacing conventional extraction and production of cement with near zero-emission alternatives. Cemvision's technology reduces CO2 emissions by up to 95% compared to the traditional Portland cement production.[2][11]

The company is one of few cement companies worldwide known to have reduce CO2 emissions to near zero while achieving industrial-scale production.[12]

Leadership

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Oscar Hållén is the CEO of Cemvision. He previously worked for Klarna and as a speechwriter to the Swedish prime minister.[13][14] Claes Kollberg is the CTO and chair with extensive experience of building cement plants in Europe and Africa.[15] Another Co-founder is Paul Sandberg who holds 12 US patents and leads the company's cement chemistry efforts.[16]

Partnerships

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Cemvision is a member of the World Economic Forum's First Suppliers Hub, a global repository of innovative and emerging products needed to decarbonize the world by 2050.[17]

Investors

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Cemvision is backed by Breakthrough Energy, EQT and Norrsken and several other clean technology investors.[5]

See also

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References

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  1. ^ "About us - Meet the Cemvisionaires". www.cemvision.tech. Retrieved 2024-11-01.
  2. ^ a b Staff, C. S. N. (2024-08-13). "Vattenfall and Cemvision Target 95% Cement Emissions Reduction". Climate Solutions News. Retrieved 2024-11-01.
  3. ^ Rebecca (2022-10-07). "Green cement gets recognition". Swedish Cleantech. Retrieved 2024-11-01.
  4. ^ "Bill Gates-backed Cemvision secures €10M in largest green cement seed round — TFN". Tech Funding News. 2024-03-22. Retrieved 2024-11-01.
  5. ^ a b "Sweden's LKAB Signs Green Cement Deal With EQT-Backed Startup". Bloomberg.com. 2023-12-21. Retrieved 2024-11-01.
  6. ^ Sisson, Patrick (2024-03-19). "How one company is turning dirty cement into a sustainable material". Fast Company. Retrieved 2024-11-01.
  7. ^ Segal, Mark (2024-06-24). "Vattenfall Signs Deal for Green Cement with Cleantech Startup Cemvision". ESG Today. Retrieved 2024-11-01.
  8. ^ Geschwindt, Siôn (2024-06-24). "Cemvision cements deal with Vattenfall for greener concrete". TNW | Sustainability. Retrieved 2024-11-01.
  9. ^ "Decarbonization of The Industry: Vattenfall And Cemvision Cooperate For Near-Zero Emission Cement - Renewable Energy Industry". www.renewable-energy-industry.com. Retrieved 2024-11-01.
  10. ^ "Vattenfall and CemVision in new co-operation to supply near-zero emission cement". First Movers Coalition. 2024-06-28. Retrieved 2024-11-01.
  11. ^ a b staff, Global Cement (2024-05-14). "Peab intensifies partnership with Cemvision on 'green' cement". www.globalcement.com. Retrieved 2024-11-01.
  12. ^ "Europe's green cement is taking off — here are the startups fighting to lead the $380bn market". sifted. 2023-12-19. Retrieved 2024-11-01.
  13. ^ "Sustainable concrete solutions: Swedish green cement startup Cemvision secures deal with Vattenfall". www.techarenan.news (in Swedish). 2024-06-26. Retrieved 2024-11-01.
  14. ^ Bell, Amy (2020-06-26). "Wanted: lawyers that can handle fast growth and ambition". Financial Times. Retrieved 2024-11-01.
  15. ^ "Claes Kollberg | Breakthrough Energy". www.breakthroughenergy.org. Retrieved 2024-11-01.
  16. ^ "Paul Sandberg | Breakthrough Energy". www.breakthroughenergy.org. Retrieved 2024-11-01.
  17. ^ "Vattenfall and CemVision in new co-operation to supply near-zero emission cement". First Movers Coalition. 2024-06-28. Retrieved 2024-11-01.
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Category:Cement Category:Building materials Category:Low-energy building Category:Companies based in Stockholm Category:2020 establishments in Sweden