CEMEX, S.A.B. de C.V., through its corporate venture capital and open innovation unit, CEMEX Ventures, invests in construction 3D printing company COBOD.
Both companies have been working together over the last year; together, they have developed a 3D printing solution that utilizes conventional ready-mix concrete in the building process. The solution can deliver significant savings versus traditional 3D printing construction methods and has started being explored by contractors across the world.
Through this investment, CEMEX will strengthen its ability to use 3D printing technology and add another avenue to address affordable housing needs.
“The investment in COBOD reflects our customer-centric mindset and relentless focus on continuous innovation and improvement. Working with COBOD, CEMEX developed a customer experience in 3D printing construction that is superior to anything that has been provided in the past,” said Gonzalo Galindo, Head of CEMEX Ventures.
The two companies also plan to develop additional innovative material solutions for 3D printing applications.
Current 3D printing construction methods rely on highly specialized and expensive mortars. CEMEX introduced a proprietary admixtures family called D.fab, which allows conventional concrete to be efficiently tailored for 3D printing construction. This admixtures innovation produces a more fluid and malleable concrete that facilitates 3D printing applications. Once processed by COBOD’s printers, the admixtures make it possible for the concrete to gain shape instantaneously.
“I am proud to have CEMEX, a global leader in the building materials industry, join us as an investor along with our other shareholders PERI and GE Renewable Energy. CEMEX is already an important partner to us. Together, we have already improved 3D construction printing tremendously with the successful D.Fab solution and we intend to continue to develop new, innovative materials to build a better future through material solutions for 3D printing applications that significantly reduce construction costs and time“, said Henrik-Lund Nielsen, Founder & General Manager of COBOD.
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