Cooperation between the Abu Dhabi Investment Office and"Partana" Specialized in climate technologies
ABU DHABI, 8 December / WAM / The Abu Dhabi Investment Office announced the signing of a partnership agreement with “Partana”, a company specialized in developing innovative climate technologies and one of the emerging companies in Hub71, the global technology ecosystem in Abu Dhabi, with the aim of establishing its regional headquarters and establishing an advanced cement manufacturing facility in Abu Dhabi .
This cooperation will contribute to consolidating Abu Dhabi’s position as a leading regional center in the manufacture of low-carbon building materials, thus enhancing Abu Dhabi’s efforts in the field of sustainability.
The agreement, which was signed during the inaugural edition of Abu Dhabi Business Week, which concluded its activities, supports Partana’s plans to reduce the carbon footprint of the global cement and concrete sector, which is worth approximately $400 billion and contributes to approximately 9% of carbon dioxide emissions. Carbon globally.
Traditional manufacturing methods are among the most influential factors in exacerbating the challenges of climate change.
Within the framework of the agreement, Partana will produce carbon credits certified by FERA, the body specialized in carbon offset standards, which supports efforts to reduce carbon emissions and contributes to achieving Abu Dhabi’s climate goals.
Partana has developed an innovative and widely applicable solution that will contribute to reshaping the concrete industry.
Partana’s new innovation is based on replacing cement clinker, which contains large amounts of carbon, with magnesium compounds extracted from the brine resulting from the water desalination process, to contribute to enhancing the benefit from water desalination processes by converting its products into a basic material in manufacturing. A cost-competitive product that contributes to reducing carbon emissions resulting from the cement manufacturing process.
Under the agreement, the Bartana facility in Abu Dhabi will convert brine solutions from waste into cement, which reduces carbon dioxide emissions and contributes to its absorption from the atmosphere, turning concrete into a material capable of sequestering carbon.
Partana cement complies with international building standards and can be used in steel-reinforced concrete. “Partana” cement has shown high efficiency and effectiveness when mixed with salt water. The new “Partana” facility in Abu Dhabi will produce up to 3 million tons of cement annually, equivalent to 10% of the cement market in the UAE, with plans to enhance its production and expand throughout the country and abroad.
Thanks to its innovative technology, Partana’s current annual production will reduce carbon emissions by up to 7.98 million metric tons of CO2 per year, equivalent to the positive impact of Borneo’s tropical rainforests.
The new facility in Abu Dhabi will be the main and regional headquarters for Partana, and will be established according to a model that enables it to grant the exclusive franchise of this technology to all parts of the world, allowing for rapid adoption in other locations.
By taking advantage of Abu Dhabi’s advanced infrastructure, its vast salt water resources, the Abu Dhabi Investment Office’s network of stakeholders in this sector, and its proximity to regional markets, the new partnership will contribute to raising the standards of sustainability of the cement and concrete industry in the region.
His Excellency Badr Salim Sultan Al Olama, Director General of the Abu Dhabi Investment Office, said on this occasion that innovation is an essential pillar of economic transformation in Abu Dhabi, and through strategic partnerships with leading companies such as “Partana”, we confirm that achieving economic growth does not conflict with adopting the highest standards. Environmental responsibility, pointing out that this cooperation reflects the office’s firm commitment to pioneering future industries and accelerating industrial innovation.
Partana, co-founded by three-time NBA champion Rick Fox, is one of the companies supporting efforts to combat climate change, and has received Abu Dhabi’s support through its participation in the Hub71 climate technology ecosystem.
Rick Fox, founder and CEO of Partana, said that Abu Dhabi is the ideal destination to expand the scope of the company’s business and contribute to building a better future for all, adding that the support of the Abu Dhabi Investment Office will enable the company to spread its innovative solutions globally, and prove that the sustainable construction sector can It contributes to achieving high profits for companies that want to adopt sustainability principles in this sector.
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