Displaying items by tag: Breedon Group

UK: First Graphene has announced the successful large-scale production of around 600t of graphene-enhanced cement at Breedon’s Hope Cement Works in Derbyshire ahead of new trial projects rolling out across the UK. The batch contains 3t of First Graphene’s PureGRAPH-CEM® additive, and was produced in a single day. The product is now in storage ahead of despatch for use in three concrete projects across the UK. The University of Manchester will conduct compressive strength testing and analysis of the concrete’s performance.  The additive is introduced during the final milling stage, and is designed to reduce CO₂ emissions by up to 16% by lowering the clinker content in the cement.

The first trial involves using 30-40t of the graphene-enhanced cement to produce thousands of roof tiles at FP McCann’s Cadeby plant in Leicestershire. The five-month study is part of an Innovate UK-funded initiative aiming to improve resource efficiency and reduce construction waste in response to the UK government’s housing targets. First Graphene has also reportedly received further interest from organisations in both the UK and Australia for testing the material in various applications.

First Graphene CEO Michael Bell said “Adding graphene into cement has proven to deliver performance benefits for a wide range of applications, and multiple end uses of this cement batch reinforces PureGRAPH®'s versatility. We look forward to working closely with our strategic commercial partner Breedon, Morgan Sindall, FP McCann and the University of Manchester as application trials roll out over the coming months."

UK: Environment consultancy Arup has been appointed by Peak Cluster to lead the environmental impact assessment (EIA) and prepare the technical documentation for the development consent order (DCO) for the Peak Cluster project. Around 40% of all the UK’s cement and lime is produced across Derbyshire and Staffordshire, according to Arup, supporting over 2000 jobs but emitting more than 3Mt/yr of CO₂.

To address this challenge, Peak Cluster will develop carbon capture facilities at cement and lime production plants operated by Tarmac, Buxton Lime, Breedon, and Holcim. The captured CO₂ will be transported via a proposed underground pipeline to Spirit Energy’s planned geological storage site, Morecambe Net Zero (MNZ), for permanent storage.

Supported by AECOM and Quod, Arup will oversee the delivery of the EIA and DCO, covering the consenting of the proposed pipeline and the carbon capture facilities, including a detailed assessment of environmental effects on the surrounding areas during both construction and operation. The evaluation will also consider the interface with Spirit Energy’s offshore infrastructure for CO₂ storage.

Richard Lowe, director of energy consenting and development at Arup, said “We are delighted to be playing such a key role in the development of this transformative project, in which the UK National Wealth Fund has invested, and to build on our deep involvement from its earliest stages. Peak Cluster is working to secure a sustainable future for the UK cement and lime industry and act as a blueprint for similar developments across Europe and the rest of the world.”

John Egan, CEO of Peak Cluster, added “Peak Cluster is focused on securing a sustainable future for the cement and lime industry. Together with MNZ, the UK’s biggest carbon store, we will capture, transport and store CO₂ to help the industry thrive in a low-carbon future. This essential infrastructure will secure good jobs with good wages, produce sought-after low-carbon products here in Britain, grow the UK’s supply chain and skills base, secure private investment and lead the global low-carbon technology sector.”

UK: Breedon has replaced the Traylor primary gyratory crusher at its Hope Cement Works after 72 years of operation. According to a post on Facebook by Breedon, the original crusher had been in service since 1952, crushing over 110Mt of minerals during its 72-year lifespan. FLSmidth supplied the new 1250t/hr primary gyratory crusher, which was successfully commissioned in October 2024.

UK: Breedon Group has announced its results for the six-month period ending on 30 June 2024. The company recorded revenues of US$984m, up by 3% year-on-year from US$956m in the same period in 2023. Net income was US$44m, representing a year-on-year decline of 28%. Earnings before interest, taxation, depreciation and amortisation (EBITDA) stood at US$133m, slightly less than US$134m reported previously.

Breedon Group anticipates growth in ‘all of its markets’ from 2025 as economic and political landscapes stabilise.

UK: Breedon Group's sales dropped by 5% year-on-year in the first quarter of 2024, according to a trading update from the company. It attributed this to macroeconomic uncertainty and unfavourable weather conditions in the UK. Sales volumes of its materials ‘softened,’ but prices remained ‘resilient,’ partly offsetting the decline. The quarter brought three new acquisitions, including the company’s first in the US. Two scheduled cement kiln shutdowns took place within budget and on schedule.

CEO Rob Wood said "We have laid good foundations for the remainder of the year: progressing pricing, pursuing efficiencies, completing two bolt-on acquisitions and launching our third platform by entering the US market. Although the economic landscape remains uncertain, I am confident our discipline and focus, coupled with our strong customer relationships, will see us deliver against our unchanged expectations for 2024."

UK: First Graphene has announced a third trial at Breedon Group’s Hope Cement Works to test an optimised formulation of its PureGRAPH-CEM product under full-scale production conditions. The trial aims to further improve the performance of graphene nanoplatelets in cement production using practical experiences obtained from the previous two trials. The third trial is based on a PureGRAPH grade with a particle size distribution and morphology optimised for use in cement grinding mills, designed for direct addition to the mill without the need for additional equipment. The trial will last eight hours and involves close monitoring of cement fineness during the process. It will use just over 2t of the graphene product in up to 1000t of cement, according to the company. The trial is scheduled to start in the second quarter of 2024.

US: Global Cement understands from material published publicly on Breedon Group’s website that the UK-based company acquired ready-mix concrete, aggregates and building products company BMC Enterprises for US$300m on 6 March 2023. This marks the group’s first entry into the US building materials sector. Breedon Group described the acquisition as a ‘compelling opportunity’ in the ‘fragmented and growing’ market. It described BMC Enterprises as a highly attractive, established business upon which to grow a new group platform in the US, in addition to its existing platforms in the UK and Ireland.

Breedon Group CEO Rob Wood said “The acquisition of BMC represents a compelling opportunity for Breedon to launch our third platform. BMC has an excellent performance track record over a sustained period and is positioned in an attractive market for future growth. As a high-quality aggregates and concrete business that has grown at pace, organically and through acquisitions, with a strong management team and deep local knowledge, BMC’s culture and values are fully aligned with the Breedon business model.” Wood added "The acquisition is expected to be earnings-enhancing for shareholders, while allowing Breedon to maintain a conservative and flexible balance sheet to pay dividends and make further bolt-on acquisitions across each of our platforms as opportunities arise.”

UK: Breedon Group recorded a 7% year-on-year increase in revenue of €1.73bn in 2023. Earnings before interest and taxation (EBIT) were €171m, down by 2%.

CEO Rob Wood said “The record results we delivered in 2023 are a real accomplishment and something I am extremely proud of. The challenging trading conditions our team faced required agile and bold responses which they took with discipline and determination.”

UK: Breedon Group grew its sales by 8% year-on-year during the first nine months of 2023. Volumes ‘moderated’ over the period, yet ‘robust’ pricing and operational excellence successfully offset the effects of this on group sales. It generated ‘good’ free cash flow and is on track to deliver a further reduction in covenant leverage at the end of 2023, enabling it to continue its investments in growth. In September 2023, Breedon Group entered the FTSE 250 Index of the London Stock Exchange.

Chief executive officer Rob Wood said “Notwithstanding the market backdrop, the Breedon team continues to deliver and we are delighted to report a trading performance ahead of expectations. Against the uncertain political and economic backdrop, our teams have adapted well to deliver a compelling performance.” He continued “But we never settle – we will continue to seek ways to operate as efficiently and sustainably as possible, invest in our people and grow our business so we are positioned to succeed when the construction materials market returns to growth.”

UK: First Graphene and Breedon Group have entered into a development and commercialisation agreement. Together, the companies aim to enhance Breedon Cement’s CEM II Portland limestone cement (PLC) through the use of First Graphene’s graphene enhanced grinding aids and cement admixtures. Breedon will provide increased access to cement production lines in order to optimise the understanding of the processing environment and operating conditions.

Breedon Group’s Hope cement plant in Derbyshire previously conducted a 24-hour graphene-enhanced cement production trial on 28 June 2023.