Cement News tagged under: UK
Carbon Clean raises US$150m in latest round of funding12 May 2022, Published under Cement NewsCarbon Clean has closed the largest-ever equity funding round for a point source carbon capture company with US$150m raised from existing investor Chevron. Chevron led the round alongside Cemex Ventures, Marubeni Corp and WAVE Equity Partners, as well as new investors, including AXA IM Alts, Samsung Ventures, Saudi Aramco Energy Ventures and TC Energy. So far, Carbon Clean has raised US$195m, having closed its US$30m Series B investment round in August last year. This new funding will h... |
UK cement and lime producers excluded from compensation scheme06 May 2022, Published under Cement NewsThe Mineral Products Association (MPA) has expressed disappointment that UK cement and lime producers have been excluded from the government’s compensation scheme for climate change costs. Under the scheme, some energy-intensive industries can apply for compensation from the indirect costs of the UK Emissions Trading Scheme (UK ETS) and Carbon Price Support (CPS) if they meet the criteria. According to the MPA, by excluding cement and lime, “the government has missed an opportunity to suppor... |
Ministerial visit to Padeswood04 May 2022, Published under Cement NewsWales Minister David TC Davies MP has visited Hanson’s Padeswood cement production facility in North Wales, UK. The Minister heard first-hand about how the firm plans to upgrade its existing facility to become the UK’s first net zero cement works. If the industry leading project goes ahead, it would be only the second facility of its kind in the world and would set the UK’s construction industry on a path to achieving the government’s binding 2050 net zero targets. The plant would supply... |
Liquid air energy storage technology goes live04 May 2022, Published under Cement NewsAn industry-first application of liquid air energy storage (LAES) energy efficiency technology is now a live demonstrator project at Aggregate Industries’ Cauldon cement plant in Staffordshire, UK. This innovative technology stores energy in liquid air form to provide compressed air, allowing inefficient partially loaded, variable-demand compressors to be turned off, thus improving the total system efficiency by up to 25 per cent. The PRISMA (Peak Reduction by Integrated Storage and Manag... |
Breedon Group's revenue growth reaches 16% in 1Q2228 April 2022, Published under Cement NewsBreedon Group plc has announced that it started the year well with order intake and volumes following usual seasonal patterns through the first three months of 2022. End markets remain supportive, leading to reported and LfL revenue growth of 16 per cent over the first quarter of 2021. Acceptance of rising input costs, and the increasingly dynamic price environment across all major product groups, has enabled full cost recovery through the quarter and is encouraging, said Breedon Gro... |
Saxlund announces senior executive appointments27 April 2022, Published under Cement NewsSaxlund has announced the promotion of Finance Manager Karen Moore to Chief Operating Officer (COO) of Saxlund's UK operations. Karen will report to Saxlund's UK new CEO, Matt Drew. In addition to his strategic responsibilities for the UK operation, Mr Drew takes on responsibility for business development sector focus across Europe, for Materials Handling and BioEnergy. Karen Moore boasts a wide experience of working in a range of financial and management roles across industrial companie... |
UK cement and lime producers look to low carbon industrial clusters15 April 2022, Published under Cement NewsThis week Hanson UK (HeidelbergCement group) gave an update on its involvement in the HyNet North West industrial cluster project that will see the cement company aim to capture 0.8Mta of CO 2 at its Padeswood cement plant near Mold, Wales. With Track-1 UK Government backing, HyNet North West will encompass an area from Flintshire and Wrexham, through Cheshire, Liverpool and Greater Manchester and up to Lancashire. The project is expected to create 6000 new employment opportunities ... |
Hanson to build UK's first net-zero cement plant11 April 2022, Published under Cement NewsHanson UK ( HeidelbergCement ) plans to build the UK’s first net-zero cement factory at a facility in north Wales. Hanson is aiming to capture up to 800,000t of CO 2 per year at its cement plant in Padeswood , near Mold. The site is set to undergo a GBP400m upgrade to implement carbon-capture technology in the coming years. Hanson’s Head of Process and Sustainability, Iain Walpole, said the upgraded plant would be able to combine low-carbon cement with carbon capture to ensure zero-ne... |
Mannok's sales director becomes vice chairperson of MPANI30 March 2022, Published under Cement NewsPaddy Mohan, Mannok's Cement sales director, has taken the role of Vice Chairperson for the Mineral Products Association Northern Ireland (MPANI), an industry body which represents the entire mineral products industry in Northern Ireland and an organisation which Paddy has been a member of for 24 years. This new role marks an important milestone for Paddy as he previously had to step down from his role of vice chairperson shortly after he was elected in 2009 due to an illness. |
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... |