France: NeoCem has announced the completion of a fundraising round with Crédit Mutuel to accelerate the deployment of its low-carbon binder technology. The company has begun large-scale industrialisation, with a first production unit already operational in St-Maximin near Paris, and starting a gradual ramp-up towards a target capacity of 0.2Mt/yr. It began production in November 2025.
The company develops cementitious materials based on calcined clay, which it says reduce CO₂ emissions by up to 90% compared to traditional clinker, while guaranteeing technical performance in line with market standards. The technology relies on the valorisation of clays derived from waste or industrial byproducts that are readily available across Europe. NeoCem said that it has already identified several partners both in France and internationally, with whom ‘advanced discussions’ are underway for the creation of new production units.