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Contract Type
partnership
MumbaiRetailDescription
UltraTech Cement Limited, India’s largest cement and ready-mix concrete (RMC) company, has announced a collaboration agreement with the Institute for Carbon Management (ICM) at the University of California, Los Angeles (UCLA) to pilot a groundbreaking new technology, The Zero Carbon Lime (ZeroCAL), which can significantly reduce carbon dioxide emissions from cement production.
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Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months