Calgary-based Carbon Upcycling has secured up to USD $10 million in asset-secured financing from ATEL Ventures, marking a key step in the company’s push toward commercial-scale clean cement manufacturing. The agreement supports Carbon Upcycling’s flagship project at the Ash Grove Mississauga Cement Plant, where the company is deploying technology that permanently sequesters CO₂ from cement […]
Carbon Upcycling Technologies
Carbon Upcycling Appoints Suzy Taherian as CFO Amid Global Scale-Up
Calgary-based Carbon Upcycling is strengthening its executive team as it scales technology designed to reduce emissions in one of the world’s most carbon-intensive industries: cement. The cleantech company has appointed Suzy Taherian as Chief Financial Officer, bringing more than 25 years of leadership and capital markets experience as the firm prepares to deploy its first […]
Carbon Upcycling Appoints New CEO to Leverage ‘Industry-Defining Technology’
Calgary’s Carbon Upcycling Technologies has unveiled a new chief executive officer. The Alberta cleantech, which is establishing a new industrial pathway for domestic cement production, says Markus Kritzler is now CEO, after joining the company as chief revenue officer in 2025. Kritzler assumes the role from company cofounder Apoorv Sinha. “I’m honoured to serve as […]
Two Calgary Companies Named to 2026 Global Cleantech 100
Cleantech Group has released its 2026 Global Cleantech 100, recognizing companies around the world positioned to deliver solutions that support a cleaner, more resilient global economy. Among this year’s honourees are two Calgary-based companies, reinforcing the city’s growing role in global energy and industrial decarbonization. Now in its 17th year, the Global Cleantech 100 highlights […]
Calgary’s BURNCO Divests Edmonton-Area Assets in Strategic Move
Calgary’s BURNCO, an aggregate construction materials company with Canadian and U.S. operations, has entered into a binding agreement to sell its Edmonton-area assets to Heidelberg Materials. The transaction includes select aggregates sites, asphalt plants, ready-mix concrete plants, and a cement distribution terminal. Tom Zais, BURNCO’s CEO, said the transaction is a result of the company’s continued […]
Carbon Upcycling Breaks Ground on Canada’s First Commercial Cement Carbon Capture Facility
Calgary-based Carbon Upcycling and Ash Grove, a CRH Company, have officially broken ground on Carbon 1 Mississauga—the first commercial carbon capture and utilization (CCU) facility of its kind at a cement plant in Canada. Located at Ash Grove’s Mississauga, Ontario site, the facility will deploy Carbon Upcycling’s patented technology to permanently sequester carbon dioxide emitted […]
Carbon Upcycling Raises $26 Million to Scale Low-Carbon Construction Tech
Calgary-based Carbon Upcycling has secured $26.6 million in fresh funding to accelerate the deployment of its carbon capture and utilization technology, marking a major milestone in the company’s bid to decarbonize the construction industry. The funding round was led by Builders Vision, a mission-driven investment firm focused on sustainable innovation, with continued backing from returning […]
Carbon Upcycling and TITAN Group Partner to Decarbonize Global Cement Supply Chains
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 […]
Ambitious Alberta Blazes Clean-Tech Trail in 2024
Alberta has long been recognized for its significant involvement in the fossil fuel sector, famous for its vast oil sands. Increasingly, the province is also a hotbed for innovation in clean energy, especially hydrogen, as well as wind and solar. This year alone saw many local upstarts advance tech, commercialize product, win awards, and raise […]
Carbon Upcycling Wins Major Recognition in Build Better Innovation Challenge
Calgary’s Carbon Upcycling has been named one of six winners of the prestigious Build Better Innovation Challenge, a program spearheaded by non-profit climate technology investor Elemental Impact. The challenge, supported by global partners Microsoft, Capgemini, and Bouygues, aims to accelerate the adoption of innovative construction materials and processes that reduce emissions and promote sustainability in […]