UK: Hanson has signed a memorandum of understanding with Shell to work together to explore opportunities that help the construction industry’s transition to net zero emissions.
Under the agreement the companies plan to explore: using hydrogen for transport and industrial processes; using capture utilisation and storage (CCUS) in cement production; looking at lower carbon fuels and electric vehicles; digital innovations in energy production, consumption and efficiency; improving bitumen and asphalt technology; and renewable energy sources such as solar installations and batteries to replace diesel generators. In addition, the companies say they will consider the possibility of collaborating in future business opportunities or new business models, which will create value and scope for further decarbonisation.
Hanson’s chief executive officer Simon Willis said, “We are already working together on several initiatives to decarbonise asphalt with bitumen materials and innovations which promote long life, increased use of recycled materials, low carbon products and the circular economy.” He added that “Hanson and Shell have a long-established working relationship and are committed to sharing knowledge and resources to jointly work on projects that will facilitate our transition to net zero emissions.”
