London Development Agency reports
The London Development Agency (LDA) has congratulated a London company that has been recognised for its innovative and environmentally-friendly approach to construction.
The company was recognised for its potential contribution to the engineering and construction industries at the London Technology Fund (LTF) Competition awards ceremony held on Wednesday night at the Royal Bank of Scotland’s head office. Sarah Ebanja, Deputy Chief Executive at the LDA presented the Environment Award to Novacem, a start-up company developing carbon-negative cement.
Novacem, a spin-out from Imperial College London, has developed a groundbreaking type of cement, which has the potential to transform the cement industry from being a significant emitter of CO2 to being an absorber of CO2. Novacem estimates that for every tonne of ordinary Portland cement replaced by Novacem cement, around 0.75 tonne of CO2 could be captured and stored indefinitely in construction products.