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US Furno’s cement kiln superlatives attract investors

Furno Reactor

The US startup Furno Materials, headquartered in Mountain View, California, has successfully closed a $6.5 m seed funding round. The key innovation is their highly efficient, vertical reactor which reduces the 4-steps of clinker production into a single and compact…

Germany’s cement prices in Jan. increased moderately

Germany Price Jan 2024

In Germany, January mostly has highest month-on-month (MoM) cement price increases. This January it was moderate with +3.4% MoM from Dec. 2023. However, compared to Jan. 2023 the average cement prices increased by +15.3% YoY, after increases of +33.9% YoY…

Acc. to German VDZ a CO2 pipeline grid is required

Germany CO2 Transports

The German VDZ (Cement Manufacturers Association) published a study on the future demand for CO2 pipelines from CCS-technologies. Such pipelines are necessary to transport captured CO2 to depleted wells in the North Sea or elsewhere. The study analysed the German…