Canada’s Carbon Upcycling is joining forces with the UAE’s A3&Co to boost green cement production: Canadian waste management and carbon utilization company Carbon Upcycling signed a partnership agreement with UAE-based cement consultancy A3&Co to boost decarbonization across A3’s operations, according to a company statement. The agreement will see Carbon Upcycling provide A3 with its SCM catalytic reactor, which captures carbon and minimizes clinker ratios generated in various stages of cement production. Clinker — a mix of limestones and minerals which when heated generate 825–890 kg of CO2 per ton — makes up 90% of Portland cement, the world’s most widely used type.

Saudi’s Ma’aden shores up protection against losses: Saudi-based mining company Ma’aden has been granted a captive license from the Dubai International Financial Center (DIFC), according to a statement. “The license will help Ma’aden manage retentions and deductibles associated with traditional risk transfer programmes and provide better protection against catastrophic losses and risks​​​​​​,” the DIFC said.

But Enterprise, what is captive ins.? A risk financing mechanism, a captive ins. company acts as a wholly owned subsidiary insurer for the parent company or related entities against future losses.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

• Emirates Water and Electricity Company is aiming to increase its total solar capacity by 600% by 2030 to reach 7.3 GW. The key energy supplier also aims to develop 300 MW of battery storage systems to facilitate its solar expansion. (Wam)
• Morocco has granted Canada’s Elcora Advanced Materials a license to extract and process Manganese in a 16 sq km mining concession. Manganese is an essential component of EV batteries. (Statement)