RCS - SigmaRoc PLC - Update on sustainability initiatives

SigmarocAnnouncement

10/11/2023 07:15

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RNS Number : 0137T  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
(http://www.sigmaroc.com) .

 

 

For further information, please contact:

 

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

 Max Vermorken (Chief Executive Officer)

 Garth Palmer (Chief Financial Officer)     ir@sigmaroc.com (mailto:ir@sigmaroc.com)

 Tom Jenkins (Head of Investor Relations)

 Liberum Capital (Co-Broker)                Tel: +44 (0) 203 100 2000

 Dru Danford / Jamie Richards / Ben Cryer

 Peel Hunt (Co-Broker)                      Tel: +44 (0) 20 7418 8900

 Mike Bell / Ed Allsopp

 Walbrook PR Ltd (Public Relations)         Tel: (Tel:+44) +44 (Tel:+44) (0) 20 7933 8780

 Tom Cooper / Nick Rome

                                            SigmaRoc@walbrookpr.com (mailto: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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