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MCi Carbon secures US$5m investment from Mitsubishi UBE Cement
Japan/Australia: Mitsubishi UBE Cement Corporation (MUCC) has invested US$5m in cleantech firm MCi Carbon, becoming the fourth major Japanese investor alongside ITOCHU Corporation, Mizuho Bank and Sumitomo Mitsui Trust Bank. The partnership includes a collaboration agreement focusing on mineral carbonation technology and a three-way memorandum of understanding with ITOCHU Corporation. MUCC will utilise MCi s technology to decarbonise cement production in Japan through CO2 emissions abatement and development of low-carbon materials. The investment supports the commissioning of MCi s Myrtle mineral carbonation demonstration plant in Australia. /Global Cement
UAECEMENT.COM - Feb, 1 ,2025



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