Cement News tagged under: SigmaRoc
CRH completes lime divestment deal in UK27 March 2024, Published under Cement NewsIn November 2023 CRH announced that its had reached an agreement to divest its lime operations in Europe to SigmaRoc for around US$1.1bn. The first phase of the deal was completed in January 2024, comprising the operations in Germany, Czech Republic and Ireland. CRH has now completed the second phase of the transaction, comprising its UK lime operations. The final phase, concerning the assets in Poland, is due to complete later this year. The deal includes 16 operating locations a... |
CRH sells lime business to SigmaRoc23 November 2023, Published under Cement NewsCRH plc has agreed to divest its lime operations in Europe to SigmaRoc plc for a total consideration of approximately US$1.1bn. The lime business comprises 16 operating locations with leading market positions across Ireland, the UK, Germany, Czech Republic and Poland. The combined business generated sales of around US$610m and EBITDA of roughly US$137m in 2022. The transaction, which is subject to customary conditions and regulatory approvals, is structured in three phases, the first o... |
CCP expands its cement-free building block range13 June 2023, Published under Cement NewsUK-based CCP Building Products, the SigmaRoc-owned precast concrete manufacturer, has expanded on being the UK’s first provider of cement free ultra-low carbon concrete building blocks. Using its Greenbloc technology across the complete product portfolio, CCP’s range of concrete blocks and bricks now provides the specifier maximum choice dependent on the desired carbon saving of any given project. According to the company, the Greenbloc range is now available in three tiers of carbon s... |
SigmaRoc to install Aqualung carbon capture unit30 November 2022, Published under Cement NewsSigmaRoc has signed an agreement with Aqualung Carbon Capture AS, a leading membrane carbon capture and separation technology provider, to install SigmaRoc’s first carbon capture facility in the first quarter of 2023. The agreement will allow for the installation of a carbon capture membrane technology solution across all SigmaRoc’s operational kilns following initial installation at one kiln in Nordkalk, Finland. The technology is modular, tested and scalable, allowing for a phased and s... |
SigmaRoc records revenue of GBP28m in 1H2201 August 2022, Published under Cement NewsSigmaRoc recorded 1H revenue of GBP248m, up 18 per cent over 2021 on an adjusted like-for-like basis. 1H22 underlying EBITDA totalled GBP48m, up six per cent over 2021. The group delivered 1H22 revenue of GBP248m (US$302m), representing an 18 per cent like-for-like increase over the same period last year. First-half EBITDA was GBP48m, ahead six per cent on a like-for-like basis over 1H21, giving an 19.2 per cent EBITDA margin for the period which benefitted from the effectiveness of co... |
SigmaRoc records turnover of GBP49.3m in 202125 March 2022, Published under Cement NewsBuilding material producer SigmaRoc plc has announced its audited results for the year ended 31 December 2021 with turnover more than doubling to GBP272m and underlying EBITDA rising to GBP49.3m. The group’s trading and operational performance for 2021 was solid. Overall, on a LfL basis, the value of upstream quarried materials sold increased by two per cent. Value added product sales increased by 14 per cent, with value added services increasing by 16 per cent. These figures include th... |
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