Overview of Novacem's carbon negative cement solution
Novacem has developed a new cement based on magnesium oxide which will address the carbon problem faced by the cement industry, and as a result will contribute significantly to an overall shift to a low carbon world.
Production of our cement is carbon negative; more carbon dioxide (CO2) is absorbed during the process than is emitted. We aim to offer cost parity with traditional cement, even before any cost of carbon is factored in, and also performance parity. Abundant accessible sources of the magnesium silicates we use to produce magnesium oxide exist on Earth, and will support large scale roll out of Novacem cement production.
Our long term vision is to be adopted on a broad basis and eventually to represent a significant percentage of cement industry production. Our business model is to license the manufacturing and use of our cement. So we will partner and collaborate with many different players on a non-exclusive basis.