Fortera Stadium

Kas Farsad Named Fortera Chief Strategy Officer

Retrieved on: 
Friday, August 25, 2023

SAN JOSE, Calif., Aug. 25, 2023 /PRNewswire/ -- Cement decarbonization pioneer Fortera named Kas Farsad its Chief Strategy Officer (CSO), a key corporate and business development executive for the company.

Key Points: 
  • SAN JOSE, Calif., Aug. 25, 2023 /PRNewswire/ -- Cement decarbonization pioneer Fortera named Kas Farsad its Chief Strategy Officer (CSO), a key corporate and business development executive for the company.
  • As Chief Strategy Officer, Farsad will continue to lead a multidisciplinary team focused on forging commercial partnerships with cement and building industry leaders, overseeing Fortera's policy and legislative efforts, as well as maximizing Fortera's carbon impact strategy.
  • Kas blends his science and business acumen with a relentless focus on commercializing a scalable technology founded on strong business fundamentals."
  • "Fortera is not just a new cement, we are a carbon mineralization company that is teaming up with the cement industry to solve for CO2," said Kas Farsad, CSO of Fortera.

Verdagy Welcomes Eric Olsen and Vikas Gupta to its Board

Retrieved on: 
Tuesday, August 22, 2023

Moss Landing, Calif., Aug. 22, 2023 /PRNewswire/ -- Verdagy, a pioneer in advanced alkaline water electrolysis electrolyzer technologies for large-scale industrial applications, today announced new appointments to its Board of Directors. Aliaxis' CEO Eric Olsen and Shell Ventures' Partner Vikas Gupta are joining the Verdagy board during a period of rapid growth, as the company deploys its innovative technology in response to the Department of Energy's goal of $2/kg of levelized cost of hydrogen by 2026.

Key Points: 
  • Aliaxis' CEO Eric Olsen and Shell Ventures' Partner Vikas Gupta are joining the Verdagy board during a period of rapid growth, as the company deploys its innovative technology in response to the Department of Energy's goal of $2/kg of levelized cost of hydrogen by 2026.
  • "Both Eric and Vikas have deep knowledge in the global transition to clean energy, and their perspectives will be valuable as we commercialize and scale our technology."
  • We have the chance to make a significant impact in the world," said Eric Olsen, Aliaxis CEO.
  • I am honored to join Verdagy's board to accelerate their development, scale up their activities and decarbonize industries," said Vikas Gupta, Partner at Shell Ventures.

Verdagy secures Series B funding led by Temasek and Shell Ventures

Retrieved on: 
Tuesday, August 8, 2023

MOSS LANDING, Calif., Aug. 8, 2023 /PRNewswire/ -- Verdagy, a pioneer in scaling electrolyzer technologies for industrial markets, today announced the closing of a $73-million Series B funding round. Temasek and Shell Ventures co-led the Series B round, with participation from new global investors Bidra Innovation Ventures, BlueScope, Galp, Samsung Venture Investment, Toppan Ventures, Tupras Ventures, Yara Growth Ventures and Zeon Ventures.

Key Points: 
  • Temasek and Shell Ventures co-led the Series B round, with participation from new global investors Bidra Innovation Ventures, BlueScope, Galp, Samsung Venture Investment, Toppan Ventures, Tupras Ventures, Yara Growth Ventures and Zeon Ventures.
  • "Verdagy is rising to the challenge to accelerate the green hydrogen economy and decarbonize hard-to-abate sectors such as steel and ammonia production," said Vikas Gupta, Partner at Shell Ventures.
  • "The management team has a successful track record in scaling climate technologies from megawatts to gigawatts and they are committed to achieving the same at Verdagy."
  • "Verdagy is at an inflection point - going from proven technology to commercialization stage," said Amar Singh, Head of Group, Bidra Innovation Ventures.

Fortera Joins Alliance for Low Carbon Cement and Concrete in Europe

Retrieved on: 
Tuesday, May 30, 2023

BRUSSELS, May 29, 2023 /PRNewswire/ -- Cement decarbonization pioneer Fortera has joined the Alliance for Low Carbon Cement and Concrete (ALCCC), alongside international NGO ECOS and ten other inaugural alliance members to make low carbon cement the norm.

Key Points: 
  • Changemakers Convene in Brussels to Promote Policies, Standards, and Resources to Make Low Carbon Cement and Concrete the New Norm
    BRUSSELS, May 29, 2023 /PRNewswire/ -- Cement decarbonization pioneer Fortera has joined the Alliance for Low Carbon Cement and Concrete ( ALCCC ), alongside international NGO ECOS and ten other inaugural alliance members to make low carbon cement the norm.
  • Its members represent mature materials designers and producers, and start-ups working in biotechnology, carbon capture, materials technology, and sustainable construction.
  • "This alliance represents collective action by scientists, engineers, entrepreneurs, and environmental advocates, to reduce CO2 emissions from cement production."
  • In 2022, it was selected as one of the most promising low-carbon cement technologies by the Global Cement and Concrete Association .

Dan Cummings Joins Fortera as General Counsel

Retrieved on: 
Thursday, April 20, 2023

SAN JOSE, Calif., April 20, 2023 /PRNewswire/ -- Renewable energy and cleantech attorney Dan Cummings has joined Fortera Corporation as General Counsel and Vice President of Intellectual Property.

Key Points: 
  • SAN JOSE, Calif., April 20, 2023 /PRNewswire/ -- Renewable energy and cleantech attorney Dan Cummings has joined Fortera Corporation as General Counsel and Vice President of Intellectual Property.
  • Fortera has developed a solution that is commercialization-ready and paves the way to a zero CO2 cement.
  • "What sets Fortera apart from other companies is its ability to scale globally in the near-term, building on more than a decade of innovation and intellectual property development," said Dan Cummings, general counsel and vice president of intellectual property at Fortera.
  • Fortera is currently constructing its first low-CO2 cement manufacturing facility in Northern California, with products coming to market this year.

Open Innovation Challenge Calls up Start-Ups in Drive Towards Net Zero Concrete

Retrieved on: 
Tuesday, March 14, 2023

They are being invited to apply for the Innovandi Open Challenge, an exciting international partnership programme, run by the Global Cement and Concrete Association (GCCA) and its member companies across the world.

Key Points: 
  • They are being invited to apply for the Innovandi Open Challenge, an exciting international partnership programme, run by the Global Cement and Concrete Association (GCCA) and its member companies across the world.
  • View the full release here: https://www.businesswire.com/news/home/20230314005357/en/
    Applications for the 2023 GCCA Innovandi Open Challenge are now open (Graphic: Business Wire)
    Applicants are being asked to work on the development of new materials and ingredients for low carbon concrete – a major step towards the ultimate goal of net zero concrete.
  • Innovation can help further unlock the delivery of low carbon concrete by reducing the amount of clinker used - the carbon intensive element of cement - or by using the most cutting-edge manufacturing processes.
  • Founder Chris Every said: “Coomtech took part in the Innovandi Open Challenge to showcase its technology at a global level to the cement and concrete industry.

Fortera announces the appointment of Scott Healy as Chief Financial Officer

Retrieved on: 
Thursday, January 5, 2023

To accomplish this goal, the company has embarked on an ambitious plan to build commercial plants globally.

Key Points: 
  • To accomplish this goal, the company has embarked on an ambitious plan to build commercial plants globally.
  • Adding Scott to the team is the needed catalyst to fund this commercial roll-out.
  • Fortera has developed a new process to capture cement kiln emissions and convert them into a cementitious product.
  • said Scott Healy, Fortera's New Chief Financial Officer.

Purebase and Fortera Sign Term Sheet to Build Commercial Plant

Retrieved on: 
Thursday, December 1, 2022

IONE, CA, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Purebase Corporation (OTCPK: PUBC), (Purebase) a diversified resource company, headquartered in Ione, California, is in discussions with Fortera Corporation (Fortera), a Silicon Valley-based materials technology company, regarding the proposed terms of a commercial plant agreement.

Key Points: 
  • IONE, CA, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Purebase Corporation (OTCPK: PUBC), (Purebase) a diversified resource company, headquartered in Ione, California, is in discussions with Fortera Corporation (Fortera), a Silicon Valley-based materials technology company, regarding the proposed terms of a commercial plant agreement.
  • Purebase and Fortera recently entered into a non-binding term sheet and are working towards a definitive agreement that sets forth the terms of a collaboration to design, construct and operate a commercial facility at Purebases headquarters in Ione, California.
  • Fortera is the owner of know-how and intellectual property related to its ReCarb process for the production of calcium carbonate cements.
  • We believe that a strategic partnership with Fortera would put Purebase on a fast-track to bring a lower carbon product to market, said Scott Dockter, Chairman and CEO of Purebase.

Fortera Corporation announces new Chief Manufacturing Officer

Retrieved on: 
Tuesday, September 6, 2022

SAN JOSE, Calif., Sept. 6, 2022 /PRNewswire/ -- Fortera announces the appointment of Keith Krugh as Chief Manufacturing Officer.

Key Points: 
  • SAN JOSE, Calif., Sept. 6, 2022 /PRNewswire/ -- Fortera announces the appointment of Keith Krugh as Chief Manufacturing Officer.
  • Putting a Chief Manufacturing Officer in place with Keith's background, will ensure we provide the greatest value for our construction materials partners given each site's available resources and installations," said Dr. Ryan Gilliam, CEO and Co-Founder of Fortera.
  • Fortera has developed a new process to capture cement kiln emissions and convert them into a cementitious product.
  • "The reality is that we must move quickly to reduce our industry's CO2 footprint, while at the same time focusing on cost-effective strategies that will be tailor-made to each location," said Keith Krugh, Fortera's New Chief Manufacturing Officer.

CALPORTLAND® WELCOMES HAMED MARAGHECHI AS DIRECTOR OF THE CENTRAL RESEARCH LABORATORY

Retrieved on: 
Friday, June 10, 2022

GLENDORA, Calif., June 10, 2022 /PRNewswire/ -- CalPortland is pleased to announce that Hamed Maraghechi has joined the company as Director of the Central Research Laboratory.

Key Points: 
  • GLENDORA, Calif., June 10, 2022 /PRNewswire/ -- CalPortland is pleased to announce that Hamed Maraghechi has joined the company as Director of the Central Research Laboratory.
  • "Hamed brings valuable experience to CalPortland which will provide strategic guidance for the research and development of new, lower carbon cementitious materials that is instrumental to CalPortland reaching our carbon neutrality goals," said Steve Regis, Senior Vice President, Cement Operations.
  • Hamed joins CalPortland with extensive research experience with cementitious and concrete materials.
  • Hamed has authored and contributed to numerous research publications and presentations involving cement and concrete materials.