Novacem's Carbon Negative Cement Named as Top 10 Emerging Technology by MIT's Technology Review Magazine

LONDON, April 22 /PRNewswire/ -- Novacem, the carbon negative cement company, today announced that its cement has been included in Technology Review (http://www.technologyreview.com/) magazine's 2010 list of the top 10 emerging technologies that will change the way we live and do business. The revolutionary innovations included in this year's TR10 -- each represented by a researcher whose vision and work lead the field -- promise fundamental shifts in areas from energy to health care, computing to communications.

"The annual TR10 spotlights the emerging technologies we find most exciting. These are the innovations most likely to alter industries, fields of research, and even the way we live and work," said Jason Pontin, editor in chief and publisher of Technology Review (http://www.technologyreview.com/) magazine. "We celebrate the innovators making these accomplishments possible and look forward to their continued advancement within their respective fields."

David Rotman, Editor, Technology Review added, "Most people are surprised to learn that cement production accounts for about 5 percent of the all CO2 emissions. Novacem's Chief Scientist Dr. Nikolaos Vlasopoulos wants to change that. His ingenious recipe makes cement that actually absorbs more carbon dioxide than is released during its manufacture, which could mean that 'green concrete' will finally become a reality." The company estimates that for every tonne of ordinary Portland cement replaced by Novacem, CO2 emissions will be reduced by around 0.75 tonne.

Novacem's work will be also featured along with the complete TR10 list in the May/June edition of Technology Review. The TR10 is posted on the Web at www.technologyreview.com/TR10.

Stuart Evans, Chairman of Novacem, commented, "We are delighted by the award. It is recognition of the huge challenge faced by the cement industry, and of the matching potential of our technology. We will offer the industry the ability to make a responsible choice, and to avoid the high cost of emissions generated by its current technology."

ABOUT NOVACEM

Novacem is developing a carbon negative cement which offers significant potential to reduce the massive contribution of cement to global carbon emissions. Investors in Novacem include the Royal Society Enterprise Fund, and industrial partners include Laing O'Rourke, a major UK construction firm, and Rio Tinto Minerals, a leading global mining and exploration company. Additional information is available at www.novacem.com.

SOURCE Novacem