BETOLAR signs first commercial agreements in India for Low-Carbon Geoprime® Solution
Betolar and three Indian concrete manufacturers have entered into commercial agreements to use a low-carbon Geoprime solution that uses industrial side streams for a cement alternative. The contract partners are Sneh Precast, Shiv Tiles and Balaiji Cement Products. The companies' product offering focuses on various concrete products for infrastructure and environmental construction, such as pipes
Betolar and three Indian concrete manufacturers have entered into commercial agreements to use a low-carbon Geoprime solution that uses industrial side streams for a cement alternative.
The contract partners are Sneh Precast, Shiv Tiles and Balaiji Cement Products. The companies' product offering focuses on various concrete products for infrastructure and environmental construction, such as pipes and paving materials. The three signed commercial agreements aim for a total concrete production volume of 250,000 tonnes by the end of 2023.
“Recently, we opened up the Asian market with a commercial deal in Vietnam. We are now continuing to commercialise our Geoprime solution in India, a major construction market in Asia,” says Juha Pinomaa, Betolar's Head of Asia Operations.
The contract partners have the right to use the Geoprime product family of solutions developed by Betolar in the manufacture of concrete products, combined with continuous product development and expert services, and in the future, data support also. The contractors also have the right to use the Geoprime trademark in their products manufactured in accordance with the concept.
The largest of the three companies is Sneh Precast, which specialises in the production of demanding, coloured paving tiles.
In addition to the three commercial agreements, Betolar has signed a letter of intent with one of India's largest conglomerates, Godrej & Boyce. The agreement is expected to lead to a commercial agreement upon completion of the pilot phase. Godrej Construction, part of the Godrej & Boyce Mfg Co, builds sustainable building materials and provides comprehensive civil engineering solutions.
Sustainable housing company TARA is making efforts to build affordable housing in India with rural entrepreneurs. Betolar and TARA have been working together for over two years. TARA has supported Betolar in developing solutions for utilizing different local side streams for concrete manufacturing.
“The construction sector is one of the biggest contributors to CO2 emissions globally. New low-carbon, widely affordable building materials such as Geoprime solution are fundamental for fulfilling national goals for universal housing and robust infrastructure, while achieving a rapid reduction in India's carbon footprint,” says Dr. Ashok Khosla, Chairman of TARA. “Leveraging TARA's sustainability and local expertise, combined with Betolar's innovative materials technology, we are able to provide sustainable cement-free alternatives to the Indian market."
Betolar has developed the Geoprime solution for the production of durable, sustainable and low-carbon concrete by utilising industrial side streams as an alternative for cement. Betolar thus enables the green transition of different industries and makes concrete a sustainable building material.
The Geoprime solution brings immediate reductions in CO2 emissions without major changes in the manufacturing process. Betolar is developing a recipe-optimising data platform that will bring together concrete manufacturers and side streams producers.
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