SigmaRoc PLC Update on sustainability initiatives
November 10 2023 - 2:00AM
RNS Non-Regulatory
TIDMSRC
SigmaRoc PLC
10 November 2023
(EPIC: SRC / Market: AIM / Sector: Construction Materials)
SIGMAROC PLC
( ' SigmaRoc ', the 'Group' or the 'Company')
Update on sustainability initiatives
SigmaRoc plc, the specialist quarried materials group, is
pleased to provide an update on its latest sustainability
initiatives, set out as part of the Group's ambition to reach net
zero by 2040.
Cement-free carbon negative concrete blocks
The UK's leading supplier of concrete blocks, CCP Building
Products, has partnered with Carbon8 to develop cement-free, carbon
negative concrete blocks. These blocks will be produced using
SigmaRoc's Greenbloc technology together with Carbon8's carbon
negative aggregates.
The Greenbloc technology is based upon reducing the cement
content in concrete, which contributes the highest amount of
carbon. CCP has developed a process which uses ground granulated
blast-furnace slag (GGBS) as the main raw ingredient. Carbon8's
technology captures and stores more CO(2) in the aggregates than is
released in the manufacturing process, resulting in a carbon
negative block.
Collaboration with OX2 on development of e-fuel production
Nordkalk has recently entered into a collaboration with OX2,
which focusses on the development of fossil free energy including
e-fuel production opportunities in Gotland, Sweden. The e-fuel
produced by the partnership would be earmarked for use in
Nordkalk's co-located production facilities or for shipment to
other industries.
New sustainable product ranges: Nordkalk Next and Nordkalk
Complete
Nordkalk is pleased to announce it will launch two new suites of
revolutionary products in its sustainable product range. The ranges
will consist of:
- Products made of a minimum of 33% circular materials and 100% circular materials.
- CO(2) neutral products.
- Products produced with a minimum of 33% fossil-free energy.
Nordkalk Complete and Nordkalk Next will be available from 2024
in Finland and Sweden, with further roll-out planned as production
increases.
Aqualung
Following initial commissioning at Köping in Sweden, the
Aqualung CO(2) capture module has started the second phase of its
programme, consisting of the preparation of captured CO(2) for
industrial use. A dedicated purification, compression and
liquefaction unit was installed to transform captured CO(2) into an
industrial gas capable of being using in industrial processes or
sequestered in CCS facilities. Further updates will follow in the
New Year.
Max Vermorken, CEO of SigmaRoc, commented:
"We are very pleased with the progress made on all ESG
initiatives. We keep demonstrating we can lead the sector both in
reducing our CO2 footprint, utilisation of materials, circular
product development and general innovation."
Information on the Company is available on its website,
www.sigmaroc.com .
For further information, please contact:
SigmaRoc plc Tel: +44 (0) 207
Max Vermorken (Chief Executive Officer) 002 1080
Garth Palmer (Chief Financial Officer)
Tom Jenkins (Head of Investor Relations)
ir@sigmaroc.com
Liberum Capital (Co-Broker) Tel: +44 (0) 203
Dru Danford / Jamie Richards / Ben Cryer 100 2000
Peel Hunt (Co-Broker) Tel: +44 (0) 20 7418
Mike Bell / Ed Allsopp 8900
Walbrook PR Ltd (Public Relations)
Tom Cooper / Nick Rome Tel: +44 (0) 20
7933 8780
SigmaRoc@walbrookpr.com
Mob: 07971 221972
/ 07748 325 236
About SigmaRoc plc
SigmaRoc is an innovative quarrying and construction materials
group with sites in the UK and Northern Europe.
SigmaRoc's vision is to become the leading European quarried
materials group, seeking to create value by purchasing assets in
fragmented materials markets and extracting efficiencies through
active management and forming the assets into larger groups. In
addition, through the development of new products and services, the
Group aims to meet the challenges of providing customers with
innovative and sustainable solutions for the future.
SigmaRoc has a strong balance sheet and a growth strategy driven
by both acquisitive and organic growth initiatives.
The Group listed on AIM in 2017, has made over 15 acquisitions,
and now employs over 2,000 staff in more than 80 sites across the
UK and Europe.
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