Investment


Mexican Cements (Cemex), made an investment in Carbon Upcycling Technologies, a Canadian startup and world leader in the development of grinding and carbon utilization technologies for the cement industry.

Carbon Upcycling’s patented solution feeds carbon into a grinding process of industrial waste, such as slag and fly ash, to produce a more reactive supplemental cementitious material. These materials can be used to replace clinker in cement production. The blended cements and concretes resulting from this process can achieve CO² reductions of up to 30 percent.

The investment will facilitate the continued development and viability of Carbon Upcycling’s technology and business model to reduce reliance on clinker in cement production. In addition, it will finance the launch of its commercial carbon utilization solution at cement facilities in North America, Europe and Asia.

Elon Muskfounder of the electric car company Tesla, is analyzing a possible Public Acquisition Offer to take over the shares that he does not yet own in the microblogging social network Twitter, a few days after revealing his intentions, according to a request filed with regulators from the United States.

For this, the businessman has a commitment of 46,500 million dollars of financing, through banks such as Morgan Stanley, Bank of America, Barclays, Mizuho Bank, among others.

The public offer would allow Musk to acquire the shares of the social network directly from its shareholders, instead of agreeing to a purchase with the company.

turns out This Thursday on Wall Street, the shares of the main companies that create content on the Internet, also called streaming companies, continued to fall.

Now the leader was Roku, which lost 9.14%, while Warner Brothers/Discovery fell 6.78%, Netlfix fell another 3.52% and Walt Disney Company decreased 2.36 percent.

In market value in the last two days the streaming sector has lost 86,241 million dollars, just as you hear it, and that collapse has occurred after this Wednesday Netflix, which boasted of having gained many clients during the pandemic, reported a drop in subscribers for the first time in a decade.

A drop of just 200,000 users – less than 0.1% of its total subscriber base – was enough to send Wall Street into a panic and affect not only its stock but that of the rest of the industry.



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