Displaying items by tag: Betolar

India: Three new Indian concrete companies have separately secured agreements for the use of Finland-based Betolar’s Geoprime alkali-activated slag and fly ash additive. Reuters News has reported that the companies are Balaiji Cement Products, Shiv Tiles and SNEH Precast. Engineering company Godrej & Boyce has also signed a letter of intent with the supplier for pilot production of concrete blocks, paving slabs and other elements.

Betolar expects producers to achieve global concrete production volumes of 250,000t/yr of concrete containing Geoprime by 2023.

Vietnam: Trung Hieu Development Corporation has secured a five-year contract to use Betolar’s alkali-activated slag and fly ash-based concrete additive Geoprime. Trung Hieu Development Corporation plans to source the materials for Geoprime from local industrial side streams. Dow Jones Institutional News has reported that the move will eliminate 80% of raw materials CO₂ emissions across its 120,000t/yr-worth precast concrete production capacity.

Betolar's Head of Asia Juha Pinomaa said "Vietnam is the world's third largest cement producer and fourth largest cement consumer, with 85Mt/yr. We estimate that the Vietnamese market represents significant commercial potential for us in the coming years due to the huge potential for cement replacement.” He concluded “We can promote the local circular economy and accelerate Vietnam's sustainable development efforts by directly offering cement-free alternatives. The Vietnamese steel and energy industry generates large amounts of steel slag and fly ash as side streams, which can be used for Geoprime-based concrete."

Finland: Betolar has signed a letter of intent with Australia-based RISAB and the Vanadium Recovery Project to research the use of slag ‘purified from vanadium’ in concrete production. Dow Jones Institutional News has reported that the company says that, through it Geoprime alkali-activated additive technology, the new slag source could replace 10% of the cement used in concrete production in Finland.

CEO Matti Löppönen said "We see a huge opportunity for Betolar here. If successful, we would be able to offer our customers a specific, currently unused slag of the steel industry to replace cement in concrete. Our customers already have experience in utilising other types of slag in the production of concrete using Geoprime. Utilising new side streams will expand the reach of our solution as planned.”

Betolar launched Geoprime in September 2021. It is currently developing a recipe-optimising artificial intelligence (AI) and data platform to bring together concrete producers and alternative raw material suppliers.

Finland: Betolar has launched Geoprime, an alkali-activated additive for slag and fly ash used in concrete production. The company says that the product will enable concrete production from raw materials with 80% lower CO₂ than ordinary Portland cement (OPC). It aims to meet the growing demand for sustainable and cost-effective construction materials. Geoprime enjoys fast global scaling potential thanks to Betolar’s intellectual property licensing business model, which enables the use of existing production facilities, according to the company.

Chief executive offcier Matti Löppönen said “We have seen a massive shift in the concrete manufacturing and construction industries driven by investor pressure for environmental, social and governance data transparency and Net Zero commitments, and now people are keen to hear what we have to offer.”