JM and Cemvision enter strategic partnership for climate-improved concrete with minimal carbon emissions

The Swedish cement manufacturer Cemvision and the Nordic residential developer JM have initiated a collaboration to accelerate the transition to climate-friendly construction. Cemvision’s groundbreaking technology, which reduces the climate impact of cement by up to 95 percent, creates new opportunities for JM to achieve its ambitious climate goals.

Material production within the construction industry, particularly concrete, accounts for a significant share of the sector’s emissions. To address this challenge and accelerate the transition, JM and Cemvision are entering into a strategic partnership, with JM also becoming a minority shareholder in the company.

Climate action is a long-term success factor for JM, and since the fall of 2024, climate-improved concrete, with at least 20 percent lower emissions, has been used in all projects in Sweden and Norway, and with at least 15 percent in Finland. Cemvision’s cement has the potential to reduce the carbon footprint by up to 95 percent, and the partnership is a key part of JM’s roadmap to achieving near-zero carbon emissions by 2030.

“The construction industry is facing a necessary transformation, and as a leading residential developer in the Nordics, we have the opportunity to influence and accelerate the development in the right direction. JM is continuously seeking new solutions to help us reach our climate targets and sees great potential in Cemvision’s technology. Our strategic partnership with Cemvision demonstrates our belief in its potential,” says Maria Sandell, Head of Sustainability at JM.

Innovation and Circular Methods Enable the Transition

Cemvision is developing a new generation of cement through innovative technology and circular methods, drastically reducing climate impact. The technology enables the production of 100 percent circular cement on an industrial scale, using recycled industrial waste from industries such as mining and steel, while also employing fossil-free energy for kiln operations in the production process. This approach significantly reduces carbon emissions compared to traditional cement production, which relies on extracting natural limestone and using fossil fuels. In addition to climate benefits, Cemvision’s production has a smaller impact on nature and biodiversity, as no virgin materials are required.

“We are proud to welcome JM as both an investor and a long-term partner in Cemvision. Their ambitious climate goals align with ours. To truly change the construction industry’s climate footprint, collaboration across the entire value chain is required. JM’s commitment to driving the transition makes them a key partner in scaling up and implementing sustainable materials,” says Oscar Hållén, CEO of Cemvision.

JM’s standardized project development process enables a smooth transition from pilot project learnings to large-scale implementation of new solutions. As one of the few residential developers with full control over the entire value chain - from project development to in-house craftsmen - JM can provide valuable insights into the development process and quickly, efficiently, and broadly implement new solutions that make a real difference. Cemvision and JM plan to conduct their first joint tests in JM’s residential projects during the first half of 2025.