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Share Name Share Symbol Market Type Share ISIN Share Description
Sigmaroc Plc LSE:SRC London Ordinary Share GB00BYX5K988 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 97.00 96.00 98.00 97.00 96.00 97.00 35,301 08:00:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 124.2 7.2 2.6 38.0 271

SigmaRoc PLC PPG to become Ultra-Low carbon by January 2022

10/06/2021 7:00am

RNS Non-Regulatory


TIDMSRC

SigmaRoc PLC

10 June 2021

10 June 2021

(EPIC: SRC / Market: AIM / Sector: Construction Materials)

SIGMAROC PLC

( ' SigmaRoc ' , the 'Company' or the 'Group' )

Precast Concrete Platform PPG to become Ultra-Low carbon by January 2022

SigmaRoc, the AIM quoted buy-and-build construction materials group, is pleased to announce that from January 2022 its Precast Products Group platform (PPG) will offer Ultra-Low carbon cement-free products for its entire product portfolio, thereby extending the Greenbloc range. In doing so, it will be the first precast products producer in the UK to make this commitment and transition.

This announcement follows the launch of Greenbloc - the first ever cement-free alternative to ordinary Portland cement (OPC) concrete blocks - in February 2021.

The Greenbloc range, which also extends to bespoke solutions, will be manufactured at all of our PPG manufacturing sites located across the country, to provide the broadest geographical reach of any precast concrete product supplier in the UK, while also minimising carbon emissions throughout the supply chain.

Max Vermorken, CEO of SigmaRoc, commented:

"When we launched Greenbloc we were the first to bring to market an Ultra-Low Carbon solution to one of the most used building products. The interest shown by our customers was beyond anything we had expected and encouraged us to press on. With this announcement we go one step further in a journey which has only just started."

Michael Roddy, Managing Director of SigmaRoc's Precast Products Group ('PPG'), commented:

"Greenbloc set 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.

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 we understand the need to acknowledge, address and action a tangible approach to decarbonisation. We want to provide architects, contractors and specifiers the choice of using an ultra-low carbon cement-free alternative to precast cementitious products. Today's announcement is the next step on Sigmaroc's journey of investing, improving, integrating & innovating, to deliver maximum value to customers and shareholders, and ultimately providing a greener way to build. Not just for infrastructure, but our own future."

Information on the Company is available on the Company's website, www.sigmaroc.com .

For further information, please contact:

 
 SigmaRoc plc                       Tel: +44 (0) 207 002 1080 
  Max Vermorken 
 Strand Hanson Limited (Nominated   Tel: +44(0) 207 409 3494 
  and Financial Adviser) 
  James Spinney / James Dance 
  / Rob Patrick 
 Liberum Capital (Co-Broker)        Tel: +44 (0) 203 100 2000 
  Neil Patel / Jamie Richards 
  / William Hall 
 Peel Hunt (Co-Broker)              Tel: +44 (0) 20 7418 8900 
  Mike Bell/Ed Allsop 
 Investor Relations                 Tel: +44 (0) 207 002 1080 
  Florian Werner                     ir@sigmaroc.com 
 

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END

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June 10, 2021 02:00 ET (06:00 GMT)

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