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Nizak + Next Generation to launch low-carbon concrete JV: Nizak Mining Company — backed by Saudi Arabia’s City Cement — launched a joint venture focused on low-carbon concrete production with the UK industrial group Next Generation, according to a Tadawul disclosure released last week.
The new JV moves fast with a 2025 planned production: The JV is already planning a Riyadh factory, with the goal of beginning commercial production as soon as 3Q 2025, with a 350k ton targeted capacity in the first operational year, which could be doubled in the second year, according to Zawya. The pair will produce premium calcined clay – which could be utilized as a “low-to-no carbon” supplementary cementitious material (SCM).
What are the benefits of the Next Generation’s patent tech? SCMs are materials used as a replacement for Portland cement in concrete mixtures to improve its properties. The UK-based producer’s tech is credited with reducing costs and emissions in concrete production by reducing the required energy for production. The company boasts a 95-100% reduction in CO2 emissions for every ton of Portland cement it replaces with its calcined clay SCM, Zawya reports.
City Cement is big on joining ventures: This is City Cement’s third move into joint ventures that target producing alternative fuels from waste. In 2022, the company’s subsidiary Green Solutions Environmental Services (GSES) launched a JV with MVW Lechtenberg and the PIF-backed Saudi Investment Recycling Company (SIRC). Last year, the company joined Lechtenberg again and SIRC’s Tadweer Environmental Services Companto to form the JV Innovative Solutions for Environmental Services Company, with a starting capital of SAR 6.7 mn.
