Cement News tagged under: Breedon

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UK cement and lime producers look to low carbon industrial clusters

15 April 2022, Published under Cement News

This week Hanson UK (HeidelbergCement group) gave an update on its involvement in the HyNet North West industrial cluster project that will see the cement company aim to capture 0.8Mta of CO 2 at its Padeswood cement plant near Mold, Wales. With Track-1 UK Government backing, HyNet North West will encompass an area from Flintshire and Wrexham, through Cheshire, Liverpool and Greater Manchester and up to Lancashire. The project is expected to create 6000 new employment opportunities ...

First Graphene receives UK grant to develop graphene-enhanced cement

21 February 2022, Published under Cement News

First Graphene-led   consortium of partners has been awarded a UK government grant to develop high-performance graphene-enhanced cement.  The GBP190,034 grant was awarded by the UK government’s innovation agency, Innovate UK, to the consortium, which includes construction materials group Breedon Cement Ltd , construction and regeneration group Morgan Sindall Construction & Infrastructure Ltd, and the University of Manchester’s Department of Mechanical, Civil and Aerospace Engineerin...

Breedon Group sees revenue of GBP1045m in the 10M21

24 November 2021, Published under Cement News

UK-based Breedon Group has reported a revenue of GBP1,045m in the first 10 months of the year, up 31 per cent against the same period in 2019, according to its November trading update. On a like-for-like basis, revenue increased 15 per cent from the 10M19 period. “Breedon has continued to benefit from strong end markets, with demand levels remaining encouraging across the group. Trends evident in the first half have persisted with momentum in residential housebuilding and infrastructure s...

Breedon Group plc acquires of Express Minimix

02 June 2021, Published under Cement News

Breedon has acquired Micromix (Northern) Ltd which trades as Express Minimix, a 'mini mix' concrete operator based out of Durham, UK.   Micromix (Northern) Ltd operates a fleet of 25 mixer trucks, specialising in delivering small loads of ready-mixed concrete and screeds, up to 4m 3 , to commercial and domestic customers across the north of England and parts of Scotland.   Express Minimix complements Breedon's existing minimix businesses, which currently operate throughout the Midlan...

Breedon appoints CFO designate

24 November 2020, Published under Cement News

Breedon has named James Brotherton as chief financial officer (CFO) designate, effective from 1 January 2021. Mr Brotherton was CFO of Tyman Plc between 2010-19 after holding the post of director of corporate development for five years. It is expected that he will be appointed to the Breedon Board as CFO when Rob Wood, the company’s current Group Finance Director, succeeds Pat Ward as CEO in 2021. Breedon’s Chairman, Amit Bhatia, said: ”We are tremendously pleased to welcome James to B...

Breedon records revenues of GBP929.6m in 2019

11 March 2020, Published under Cement News

Breedon Group Plc has released its 2019 results that saw revenues reach GBP929.6m, up eight per cent on GBP862.7m in 2018. EBITDA totalled GBP116.6m, up 13 per cent on EBITDA of GBP103.5m in 2018. Net debt came in at GBP290.3m, down from GBP310.7m in 2018. Cement sales remained stable at 2Mt sold in 2019 when compared with the previous year, but 20.2Mt of aggregates were sold, up from 19.4Mt YoY. Asphalt sales also claimed from 2.8Mt in 2018 to 3Mt last year, while ready-mix concrete sales ...

Cemex set to divest certain UK assets to Breedon Group

08 January 2020, Published under Cement News

UK-based Breedon Group has announced that it has entered into a conditional agreement with Cemex to acquire certain assets and operations in the UK for a total consideration of GBP178m, on a cash and debt free basis. The assets encompass approximately 100 active operations, including 49 ready-mix plants, 28 aggregate quarries, 4 depots, 1 cement terminal, 14 asphalt plants and 4 concrete products operations. The operations are located across six divisions located in Scotland, Wales, north-...

Breedon appoints Clive Watson to its board

03 September 2019, Published under Cement News

UK-based Breedon Group has announced the appointment of Clive Watson to its board as an independent non-executive director of the company. Mr Watson was previously the group financial director of Spectris and is still currently serving as a non-executive director of DiscoverIE Group. According to a press release, he holds 35,000 ordinary shares (0.002 per cent of total voting rights) in the company.

Breedon completes Tarmac asset swap

02 July 2018, Published under Cement News

Breedon Group announced it has completed an asset swap with Tarmac that secures 25Mt of additional mineral reserves and some 50,000tpa of extra asphalt capacity in four key UK locations. The Group has acquired from Tarmac three quarries near Inverness, Penrith and Wrexham, together with a quarry and asphalt plant near Porthmadog, in exchange for 23 of its ready-mixed concrete plants and a payment to Tarmac of GBP6.1m in cash. Commenting on today’s announcement Pat Ward, Breedon’s Grou...

Breedon expands its UK operations

23 April 2018, Published under Cement News

This week Breedon Group Plc announced that it had entered into a conditional agreement to acquire Lagan Group (Holdings) Ltd for GBP455m. While the aim is to create a leading independent construction materials group in the UK and Ireland, this move will provide the group with a platform to establish further organic growth and bolt-on acquisitions. The acquisition is expected to give Breedon annual cost savings of approximately GBP5m by the third full year following completion. The ...