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Stock impact report

Seven concrete decarbonisation projects win Innovate UK's £3.2m funding [Yahoo! Finance]

SKANSKA AB S/ADR (SKBSY) 
NASDAQ:AMEX Investor Relations: group.skanska.com/investors
Company Research Source: Yahoo! Finance
This funding forms part of the agency's broader effort to foster sustainable practices and reduce carbon emissions within the construction sector. Cemcor secured funding to develop a new generation of low-carbon cement and concrete from calcined clay sourced from low-grade materials. Skanska UK will use the funding to continue its work on repurposing excavated London Clay for concrete applications. Cocoon Carbon's project, which involves scaling the production of a novel cementitious material from electric arc furnace steel production, will also benefit from financial support. Meanwhile, Cemex UK Operations intends to use the investment to further the development of CoMLaG, a combination of micronised limestone and graphene, which aims to reduce the carbon footprint of concrete. The funding will also assist John Sisk and Son in advancing Ecocem technology, which provides low-carbon concrete solutions for construction sites. EFC Green Concrete Technology UK will allocate t Show less Read more
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