Betolar launches low-carbon concrete products in the UAE with Fujairah Concrete Products
Börskollen - Aktier, fonder och ekonominyheter

Börskollen

För dig med koll på börsen

Pressmeddelande

Betolar launches low-carbon concrete products in the UAE with Fujairah Concrete Products

{newsItem.title}

Betolar Plc

Press release
5.12.2023

Betolar launches low-carbon concrete products in the UAE with Fujairah Concrete Products

Betolar and UAE-based concrete products manufacturer Fujairah Concrete Products (FCP) announced their collaboration at the international Big 5 Global construction event in Dubai. At the event, the companies launched paving products made of low-carbon concrete. The products are based on the cement-free Geoprime solution developed by Betolar.

"The UAE has been working for a long time to bring new sustainable products to market to significantly reduce CO2 emissions. Cement reduction plays a crucial role in drastically cutting CO2 emissions from building materials. Our solution helps the industry reach its sustainability goals. In turn, we have the opportunity to offer our solution for the high-volume market together with a large player," says Betolar's Chief Commercial Officer Ville Voipio.

FCP, part of Fujairah Building Industries, is a public shareholding company where the major shareholder is the government of Fujairah. FCP is a leading manufacturer of concrete products in the Fujairah region of the United Arab Emirates. FCP is known for its high-quality concrete products. The company operates as a supplier of concrete products in several large projects. FCP produces more than 25 million blocks and more than 800,000 square meters of paving annually.

Betolar has been engaged in preparatory cooperation with FCP since the beginning of 2023. Together, the companies have designed and tested a geopolymer-based concrete paving product manufactured with the Geoprime solution, which is suitable for the Middle East market. Since the production does not use cement but industrial side streams, the use of new products significantly reduces the CO2 footprint compared to ordinary cement-based paving stones.

The paving products manufactured by FCP with the Geoprime solution meet the standards of the Abu Dhabi Council for Quality and Conformity (ADQCC). Local standards for compressive strength and water absorption parameters have also been adopted. In addition, Geoprime paving products meet the requirements of the standards regulating wear resistance (EN 1338, EN 1339 and EN 1340). As a manufacturer of concrete products, FCP has recognized the importance of environmental impacts and acquired EPD environmental certification.

"Environmental sustainability is a real concern worldwide. FCP has always developed new projects that contribute to the sustainability of the construction industry by collaborating with world-class players to implement customized solutions," says Naser Al Mulla, General Manager of Fujairah Concrete Products.

The launch of new cement-free concrete products will contribute to the goals of the COP28 climate conference currently taking place in Dubai, UAE.

Betolar Oyj
Communications

More info on:

Ville Voipio, Chief Commercial Officer, [email protected], tel. +358 50 562 1809

Martta Valkola, Head of Marketing and Communications, [email protected], tel. +358 40 547 1981

 

About Betolar

Betolar Plc is a Finnish materials technology company that offers the production of sustainable and low-carbon concrete with the Geoprime solution. The solution converts industrial side streams into a cement substitute.

Betolar's artificial intelligence innovation can significantly reduce CO2 emissions compared to traditional cement-based concrete production by optimizing existing manufacturing processes, supporting solution development with advanced analytics and creating global markets for side streams. Betolar's mission is to help reduce CO2 emissions and the use of virgin raw materials.

Betolar was founded in 2016 and is domiciled in Kannonkoski, Finland. Betolar is listed on the Nasdaq First North Growth Market. More information: www.betolar.com

About Fujairah Concrete Products

Fujairah Concrete Products is a subsidiary of Fujairah Building Industries PSC. Fujairah Concrete Products has been a leading manufacturer of concrete products since its foundation in 1978. It produces high-quality concrete products. Gabbro aggregate is sourced from Fujairah National Quarry, ensuring the quality and continuity of aggregates and sand. Fujairah Concrete Products has been manufacturing concrete products for nearly four decades and is a strong local player in its region in the UAE.

About EPD Environmental Product Declaration (EPD Certification)

The Environmental Product Declaration (EPD) is a transparent, independent report that explains what a product is made of and how it impacts the environment throughout its life cycle. A verified EPD certificate gives credit in LEED v4 and other green building rating systems. EPD certified operators meet all Product Category Rules (PCR) requirements and comply with international standards including ISO 14044, ISO 14025 and ISO 21930.

About the Big 5 Global event

Taking place December 4-7, 2023, at the Dubai World Trade Center in Dubai, Big 5 Global is the largest and most influential event in the construction industry, with an international hub in Dubai that acts as a gateway between East and West.

The mission of the event is to connect the global construction community and provide cutting-edge innovation, expertise and business opportunities for industry stakeholders to connect, grow and thrive. The aim of the event is to promote the accelerating impact of the construction industry on economic growth and solutions for a healthier and more sustainable built environment around the world.

Nyheter om Betolar

Läses av andra just nu

Om aktien Betolar

Senaste nytt