NZ Green Investment Finance makes $3.5m bet on decarbonising concrete

Kayasand's goal is to reduce carbon emissions from concrete production by up to 20%. (Image: Kayasand)

Thu, 25 May 2023

New Zealand Green Investment Finance has taken a $3.5 million equity stake in Waikato company Kayasand, which aims to reduce emissions in part of the concrete manufacturing process.Kayasand expects to open a demonstration sand manufacturing plant in the Waikato in June and already has a plant in Australia. The company plans to operate 40 plants in NZ and Australia by 2030.It has raised a further $1.8m in private investment to make a total of $5.3m. New Zealand Green Investment Finance (NZGIF) will take up a seat on Kayasand’s board.Kayasa...

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