Calgary-based Carbon Upcycling has signed a Memorandum of Agreement with global building materials leader TITAN Group, paving the way for the commercial deployment of its carbon utilization technology at cement plants worldwide.
The agreement outlines plans for technical feasibility studies at two of TITAN’s cement facilities, aimed at producing low-carbon supplementary cementitious materials by upcycling captured CO₂ and using local industrial waste.
If successful, the collaboration could localize and decarbonize cement production at scale—reducing emissions while strengthening regional supply chains.
“Our partnership with TITAN Group represents the necessary collaboration to advance the global cement industry towards a circular, low-carbon future,” said Apoorv Sinha, CEO of Carbon Upcycling.
The deal builds on TITAN’s earlier investment in Carbon Upcycling, part of a $34.3 million Series A round co-led by BDC Capital’s Climate Tech Fund and Climate Investment. Carbon Upcycling, a 2024 Global Cleantech 100 company, is also backed by Clean Energy Ventures, Oxy Low-Carbon Ventures, and three of the world’s largest cement producers: CRH, Cemex, and TITAN Group.
TITAN has set science-based targets to cut CO₂ emissions across its operations, with goals to double sales of low-carbon products by 2026 and reach net zero by 2050.
Carbon Upcycling’s demonstration plant is already operational in Western Canada, with CO₂-enhanced cement products in commercial use. A commercial-scale facility is now under development in Eastern Canada.
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