Displaying items by tag: SigmaRoc

Finland: UK-based minerals group SigmaRoc has acquired Nordkalk for Euro500m. The group says that Nordkalk, SigmaRoc’s sixth platform, adds a core limestone business from more than 30 locations across 10 European countries. Circular economy products comprise 13% of Nordkalk’s sales volumes. It currently makes careful use of by-products and SigmaRoc says it has a clear ambition towards fossil-free and carbon neutral operations in the future.

SigmaRoc Chair David Barrett said “Nordkalk is a well-established and well-respected business with a substantial asset footprint spanning Northern Europe. It has a long history of success and much future potential. This acquisition creates a raft of new opportunities for SigmaRoc to capitalise on in the months and years ahead.”

Chief executive officer Max Vermorken said “The acquisition of Nordkalk, Northern Europe’s leading limestone products company, is a great stepping stone in the evolution of our group, expanding our footprint across Northern European markets. We are purchasing a high-quality business at the right point in the cycle and at an attractive valuation. Nordkalk meets all our stringent investment criteria as a self-contained and asset-backed business which will bring the Group significant earnings growth. We look forward to helping Nordkalk and its experienced management team on its path to continued success as we perpetuate its 120-year history, name and success.”

UK: SigmaRoc intends to offer a cement-free alternative for every product in its precast concrete portfolio from January 2022. The producer claims it is the only company to do this. The change will effect products made by its Product Group including Allen Concrete, CCP Building Products and Poundfield Precast. The move follows the launch of its Ordinary Portland Cement free Greenbloc product in February 2021.

Managing director Michael Roddy said, “Greenbloc sets the bar for bringing a cement-free alternative to a traditional building material into mainstream use, but it was only ever the start of our low-carbon journey.” He added “The benefits of using cement as a building material are undisputed from an application perspective, however the carbon required in the manufacturing process cannot be ignored. Our aim is simple. The market is changing and understands the need to acknowledge, address and action a tangible approach to decarbonisation. We want to give architects, contractors and specifiers the choice of using an ultra-low carbon cement-free alternative to precast cementitious products.”

UK: SigmaRoc has launched Greenbloc, a cement-free concrete block. The product reduces emissions by 77% compared to concrete blocks produced with Ordinary Portland Cement (OPC), corresponding to a reduction of 1.1kg/block.

Chief executive officer Max Vermorken said, "Our Greenbloc range and brand is the brainchild of our innovation and technical teams. It addresses a key challenge in the building products industry - the embodied CO₂ in one of the most widely used building materials: the concrete block. Greenbloc is only the start of a range of sustainable alternatives to our product offering as we invest, improve, integrate and innovate."