RCS - SigmaRoc PLC - Partnership with Adaptavate

SigmarocAnnouncement

25/04/2025 07:00

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RNS Number : 1137G  SigmaRoc PLC  25 April 2025

25 April 2025

 

(EPIC: SRC / Market: AIM / Sector: Construction Materials)

 

SIGMAROC PLC

('SigmaRoc', the 'Group' or the 'Company')

 

Partnership with Adaptavate

 

SigmaRoc, a leading European lime and minerals group, announces a partnership
with Adaptavate to scale low-carbon tech in global construction. This
agreement is part of Adaptavate's successful £2.7 million pre-Series A
funding round, which included participation from Skreenhouse Ventures by
SigmaRoc.

 

The agreement

Adaptavate, a global pioneer in developing and industrialising low-carbon and
carbon-negative construction materials, has announced a strategic partnership
with SigmaRoc, a leading publicly-listed lime and minerals group focused on
quarried materials across the UK and Northern Europe. The partnership
represents a major step towards industrially scaling Adaptavate's low-carbon
wallboard technology and advancing the decarbonisation of construction
materials globally.

This collaboration between Adaptavate and SigmaRoc brings together a leading
lime producer and a pioneering technology developer with the objective of
transforming the low-carbon wallboard industry. The partnership aims to
establish a strong, resilient supply chain for calcium carbonate-based
wallboards, with a shared commitment to exploring the production and
distribution of Adaptavate's products throughout Europe. A key milestone in
this partnership is the signing of a Memorandum of Understanding to
collaborate on 'Project Crystal'-Adaptavate's upcoming industrial demonstrator
facility.

The announcement follows Adaptavate's successful £2.7 million pre-Series A
round, with significant investment from Skreenhouse Ventures by SigmaRoc and
Undivided Ventures, with participation from existing investors and others.

Adaptavate's groundbreaking technology has the potential to transform the
global construction industry, promoting circular and healthier building
materials while reducing carbon emissions by up to 4kg per m² with its
sustainable plasterboard alternative, Breathaboard. Breathaboard is made with
renewable agricultural feedstocks and waste, absorbs CO2, and is installed in
the same way as plasterboard.

Tom Robinson, founder and CEO at Adaptavate said: 'Over the past decade, we
have developed an industrial process to manufacture construction materials
that are circular, regenerative and carbon absorbing. Now, our agreement with
SigmaRoc is a key milestone in our mission to scale this technology widely.
SigmaRoc brings deep industrial expertise and a leading decarbonisation
strategy-which will be of great help on our path to global impact.'

Fons Vermorken, Group ExCo Member - Innovate, SigmaRoc, said: 'We are proud to
support Adaptavate in its mission to transform the built environment through
circular, low-carbon construction solutions. Together, we are driving the next
wave of sustainable construction. By leveraging SigmaRoc's position as a
leading limestone player in Europe, we bring industrial strength,
infrastructure, and market reach to help scale Adaptavate's innovations
globally.

Over the past year, their flagship product, Breathaboard, reached key
milestones-meeting international wallboard standards and undergoing trials on
major commercial projects with partners such as British Land, Royal London
Asset Management, and Overbury. With the ability to reduce up to 4kg of CO₂
per m², Breathaboard represents a pivotal step toward healthier, more
sustainable building practices. Project Crystal is set to deliver an
industrial demonstrator facility and lay the foundation for global
scalability."

Adaptavate's core focus now is to bring together a consortium to build an
industrial demonstrator under 'Project Crystal' to accelerate the scale-up and
adoption of its climate-positive technology worldwide.

 

- ENDS -

 

For further information, please contact:

 SigmaRoc plc                                Tel: +44 (0) 207 002 1080

 Max Vermorken (Chief Executive Officer)

 Jan Van Beek (Chief Financial Officer)      ir@sigmaroc.com (mailto:ir@sigmaroc.com)

 Tom Jenkins (Head of Investor Relations)

 Panmure Liberum (Nomad and Co-Broker)       Tel: +44 (0) 203 100 2000

 Scott Mathieson / John More / Dru Danford

 Deutsche Numis (Co-Broker)                  Tel: +44 (0) 20 7260 1000

 Richard Thomas / Hannah Boros

 Teneo (Public Relations)                    Tel: +44 (0) 207 353 4200

 Harry Cameron / Camilla Cunningham

 

About SigmaRoc

 

SigmaRoc is a quoted European lime and minerals Group.

 

Lime and limestone are key resources in the transition to a more sustainable
economy. New applications for lime and limestone products as part of a drive
for sustainability include the production and recycling of lithium batteries,
the decarbonisation of construction including through substitution of
cementitious material and new building materials, and environmental
applications including lake liming, air pollution and direct air capture.

 

SigmaRoc invests in and acquires businesses in the lime and minerals sector.
The principal activity of the Group is the production of lime and minerals
products. The Group's aim is to create value for shareholders through the
successful execution of its strategy in the lime and minerals sector.

 

SigmaRoc seeks to create value by purchasing assets in fragmented markets and
extracting efficiencies through active management and by forming the assets
into larger groups. It seeks to de- risk its investments through the selection
of projects with strong asset backing. The Group seeks to implement
operational efficiencies that improve safety, enhance productivity, increase
profitability and ultimately create value for Shareholders.

 

 

ABOUT ADAPTAVATE

Adaptavate is answering the urgent call to decarbonise construction, by
developing the carbon-negative technologies and products needed, and the
industrial ecosystem to deploy them fast, anywhere in the world. To deliver
this, the business is focusing on commercialising its patented, scalable
Carbon Capture and Utilisation (CCU) and Carbon Capture and Storage (CCS)
processes. These processes enable the production of low carbon and
carbon-negative construction products including Adaptavate's flagship,
Breathaboard. By licencing its technology, the business facilitates the
manufacture of these market-alternative products by anyone, anywhere,
resulting in significant carbon removal on a global scale. It is this 'planet
before profit' model that keeps Adaptavate true to its purpose of building an
ecologically regenerative and economically profitable future for all.

For more information, please visit: www.adaptavate.com
(http://www.adaptavate.com) .

MEDIA CONTACT: Cassandra Blazquez, Head of Marketing and Communications at
Adaptavate, cassandra@adaptavate.com

 

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