New CEO Grant Quasha, a well-known mining and materials executive, has been appointed by Green Cement, Inc. to lead the firm's global expansion.
Before succeeding former CEO John Preston, Quasha was regional chief investment officer at GFC Alliance. Before GFC Alliance, Quasha's experience includes serving as CEO and managing director at Paringa Resources, and chief commercial officer of Wolverine Fuels, LLC, according to a press release.
"Green Cement has a unique opportunity to disrupt the 4 billion ton per year cement industry with its patented technology that can economically produce cement with near-zero greenhouse gas emissions," Quasha said in the press release. "The company has been quietly perfecting its technology and can now replace up to 100% of Portland Cement with its PozzoSlag product. Hardly a startup, the company has sold over 2 million tons of product in the United States and has paved interstates, airport runways and other projects. It is now ready to expand from its existing production facilities in Texas and I am excited to grow the business with its world-class team."
Quasha also worked as the North American manager of corporate and structured finance for Trafigura AG, a global commodity trading house.
Headquartered in Woodlands, Texas, Green Cement has global expansion in mind as it experiences "rapid technological progress."
"We are very excited about having Grant lead the company's ambitious growth plans," Chairman Preston said. "Grant has an excellent track record of achievement and leadership skills that fit perfectly with our needs as we transition from a technology development company to a company focused on commercial deployment. Emission from cement production represent 8% of global greenhouse gas emissions and it is imperative that we accelerate the adoption of technologies like ours that mitigate carbon emissions."