Cement News tagged under: UK
Carbon8 makes new appointment to the Board27 November 2020, Published under Cement NewsCarbon8 Systems has appointed Paul Collins to the Board of Directors. Carbon8 is a UK-based company that invented and owns a process that combines industrial waste and residues with captured CO₂ emissions to produce high-value construction aggregate. Paul joins Carbon8 Systems after 12 years at BWB Group, the multi-disciplinary engineering and environmental consultancy. His arrival at Carbon8 Systems, to drive the company’s financial evolution, coincides with the company’s first commer... |
Breedon appoints CFO designate24 November 2020, Published under Cement NewsBreedon has named James Brotherton as chief financial officer (CFO) designate, effective from 1 January 2021. Mr Brotherton was CFO of Tyman Plc between 2010-19 after holding the post of director of corporate development for five years. It is expected that he will be appointed to the Breedon Board as CFO when Rob Wood, the company’s current Group Finance Director, succeeds Pat Ward as CEO in 2021. Breedon’s Chairman, Amit Bhatia, said: ”We are tremendously pleased to welcome James to B... |
Breedon Group's revenues for 10M20 reach GBP750m18 November 2020, Published under Cement NewsBreedon has issued a scheduled trading update with group revenues in both September and October ahead of the same period in the prior year, on a like-for-like basis. As a result, the group saw revenues for the first 10 months of the year reach GBP750m (2019: GBP800m), including three months contribution from the former Cemex assets in the UK. The board now expects the group's underlying EBIT for the full year to be at least GBP70m, which is ahead of current market expectations. ... |
Breedon disposes of 14 assets to Tillicoultry Quarries for GBP12.2m09 November 2020, Published under Cement NewsBreedon Group Plc is pleased to announce that it has agreed the disposal of certain assets to Tillicoultry Quarries Ltd for GBP12.2m on a cash and debt-free basis. The 14 sites to be divested include 10 ready-mixed concrete plants and an asphalt plant and associated aggregates depot in England, and two quarries and a cement terminal in Leith, Scotland. The earnings of the assets being disposed of are not material to the Breedon Group. Breedon is divesting these assets at the di... |
Dangote's IPO on LSE not expected until 202329 October 2020, Published under Cement NewsNigeria’s Dangote Cement is not expected to attempt an initial public offering on the London Stock Exchange until at least 2023, according to News 24. "The London listing is not something which will happen in the short to medium term," said Temilade Aduroja, head of investor relations. "We are focussed on our export strategy and increasing our foreign-currency revenue." |
Ibstock highlights industry collaboration for carbon reduction27 October 2020, Published under Cement NewsA culture of collaboration and innovation will accelerate the UK concrete and cement sector's pathway to ‘Beyond Net Zero’ emissions, says leading building products manufacturer, Ibstock Concrete. Following the recent launch of the UK Concrete and Cement Industry Roadmap to Beyond Net Zero by UK Concrete, part of the Mineral Products Association (MPA), Ibstock Concrete has reiterated the need for greater focus on product innovation if the sector is to achieve its goals. The industry-w... |
GCCA highlights clean energy transition and biodiversity08 October 2020, Published under Cement NewsAt the second day of the Global Cement and Concrete Association's (GCCA) annual conference, cement producers were advised to be optimistic about the challenge of creating clean energy transitions, while also being asked to be more active in supporting biodiversity and pursue a more proactive decarbonisation drive. Keynote speaker, Dr Timur Gül, head of the Energy Technology Policy Division at the IEA, said the cement industry be optimistic in implementing the clean energy transition... |
UK Concrete and cement industry launches 'Roadmap to beyond Net Zero'06 October 2020, Published under Cement NewsThe UK concrete and cement industry has launched a roadmap to become net negative by 2050, removing more carbon dioxide from the atmosphere than it emits each year. The UK Concrete, part of the Mineral Products Association (MPA), has identified that net zero can be met through decarbonised electricity and transport networks, fuel switching, greater use of low-carbon cements and concretes as well as carbon capture, usage or storage (CCUS) technology for cement manufacture. The 'R... |
Breedon announce Group CEO change06 October 2020, Published under Cement NewsPat Ward has informed the Board at Breedon Group of his intention to retire as group CEO and a director of the company in 2021. It is anticipated that he will be succeeded by Rob Wood, Breedon’s group finance director. Rob Wood has served as group finance director of Breedon since early 2014 and has been instrumental in its success. A search for a new group finance director is now underway. Mr Ward has served as group CEO since the beginning of 2016 and has overseen a period of signif... |
Freightliner wins Tarmac train haulage contract29 September 2020, Published under Cement NewsFreightliner has announced that it has been awarded a new contract with Tarmac to haul trains from Tarmac’s Tunstead site, Derbyshire, and services from Tarmac’s West Country quarries. Deliveries will be made to Wales, Somerset and Herefordshire. The new contract will see Freightliner run an average of 50 trains a week, taking bulk materials, including aggregates and cement, for use in regional and national projects. "We are delighted to have been awarded this new contract with T... |