New Zealand Firm Unveils Tyres-to-Cement Production Technology

A New Zealand construction company Fletcher Building has recently completed a study to divert used tyres from landfill to cement manufacture, which could help reduce carbon emissions by over 13,000 tons per year.

According to the Global Construction Review’s report on 1 April, the company will burn a total of 3 million used tyres a year at 1,400 degrees Celsius for cement production.

The firm added that this technology will reduce carbon emissions by 13,000 tons per year and will reduce the use of Ironsand by 5,000 tons as well.

The project will cost approximately US$14 million, with New Zealand’s Ministry for the Environment providing a grant of US$11 million.

- Video Advertisement -

Related Post

Asia Pacific Real Estate Forecast 2025: Navigating Challenges with Resilience and Opportunity

The Asia Pacific real estate market is poised for steady growth in 2025, buoyed by easing global interest rates and projected regional GDP growth of 4.4%, despite persistent challenges such as China’s ongoing property market struggles and geopolitical tensions. the International Monetary Fund (IMF) and World Bank confirmed these growth projections in their recent regional […]

Cambodia Eyes Potential to Expand World-class Integrated Resorts Market, with 87 Casinos Currently Operating

Cambodia is advancing plans to expand its casino industry by developing world-class integrated resorts (IRs) and implementing attractive tax policies to entice investors. The announcement was made on 10 December 2024 by Khim Oudam, Deputy Director of Licensing at Cambodia’s Commercial Gambling Management Commission (CGMC), during remarks to GGRAsia. The country’s gross gaming revenue (GGR) […]

Sixteenth U.S. Investment Firms Explore Cambodia’s Technology, Agro-Industry, and Education Sectors

In a major boost to Cambodia’s economic landscape, 16 leading U.S. investment companies are visiting Cambodia from 9 to 13 December 2024 to explore investment opportunities in technology, agro-industry, and education—sectors poised for significant growth. The delegation’s visit, marked by high-level meetings with government officials and business leaders, highlights Cambodia’s rising profile as an attractive […]

Hong Leong Manufacturing Group Plans Major Investment Expansion in Cambodia

Hong Leong Manufacturing Group (HLMG), a prominent multinational conglomerate, has announced plans to expand its investment footprint in Cambodia, targeting key sectors including real estate, automotive parts, and manufacturing. The announcement came following a meeting between Datuk Kwek Leng San, Chairman of HLMG, and Samdech Hun Manet, PM of Cambodia. During the discussion, Datuk Kwek […]

Vietnamese Investors Inject Over USD 557 Million into Cambodia in 11 Months of 2024

Vietnamese investors have poured an impressive USD 557 million into Cambodia during the first 11 months of 2024, positioning Vietnam as the third-largest source of foreign investment in the country. This milestone was announced by HE Chea Vuthy, Secretary General of the Cambodian Investment Board (CIB) at the Council for the Development of Cambodia (CDC), […]

Building Bridges for Investment: Henan Delegation Explores Opportunities in Cambodia’s Construction Sector

The Cambodia Constructors Association (CCA) welcomed a high-level delegation from the Henan and Design Industry Association on 28 November 2024, at Canadia Tower in Phnom Penh. This strategic meeting underscored Cambodia’s growing appeal as a foreign investment hub, focusing on collaboration in the construction and infrastructure sectors. Acting on behalf of Lok Neak Oknha Pung […]