Page 25 - Sigmaroc Annual-Report 2023

25
JULY
Strategic partnership with Material Evolution to develop new range of low carbon concrete products, with trials commenced at CCP. The innovative manufacturing process enables the production of cement at ambient temperatures by using various waste materials and feedstocks, eliminating reliance on fossil fuels. Acquisition of ST Investicija which operates three quarries in Lithuania.
SEPTEMBER
Publication of interim results and update on sustainability initiatives, including Aqualung carbon capture project, and partnership with Materials Evolution for low carbon cement. Completion of the acquisition of four concrete plants within Northern France, close to the Belgian border, in conjunction with the establishment of acquiring and operating entity Betons.
NOVEMBER
Conditional agreements to acquire certain European lime businesses from CRH, alongside an equity placing for £200m and updated bank facilities as part of the financing. Publication of AIM Admission Document and general meeting agenda in relation to the acquisitions. Update on sustainability issues, including cement-free carbon negative concrete blocks in partnership with Carbon8. Nordkalk collaborates with OX2 on the development of e-fuel production. Nordkalk celebrates 125 years of excellence and unveils innovative new products.
AUGUST
Completed the acquisition of Björka Mineral, a leading supplier of high-grade limestone and dolomite powders in Sweden.
OCTOBER
Publication of Q3 trading update and the integration of businesses acquired in the course of 2023 progressing well and delivering expected synergies. The Aqualung carbon capture unit completed trials to capture CO2. Launch of Puccini Blue, a revolutionary, highly sustainable re-interpretation of Belgium Blue Stone.
DECEMBER
General meeting held with all resolutions passed in respect of the proposed acquisitions from CRH to create one of Northern Europe’s leading lime and limestone producers.