Meet the 33-year-old Canadian chemist and the renowned MIT professor who are building the electric vehicle of cement making
Summary
"For Lowercarbon, their omnipresence and medieval production techniques are precisely the qualities that make building materials such an irresistible opportunity," Dumas told CNBC. Sublime is making clean cement without the expensive additive of carbon capture and storage technologies, which is attractive because it keeps costs low, said Katie Rae, CEO at The Engine. "Producing decarbonized cement directly, rather than doing carbon capture, drives both energy efficiency and eventual cost parity," Rae told CNBC. Siam Cement Group looks at thousands of companies and makes only "a few" investments a year, Timothy McCaffery, a venture investor at SCG, told CNBC. The company produces a cement at room temperature that can drop into the existing ready mix supply chain and meets American Society for Testing and Materials standards," McCaffery told CNBC.
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