Strategic collaboration with Marshalls
10 September 2021
(EPIC: SRC / Market: AIM / Sector: Construction Materials)
SIGMAROC PLC
( ' SigmaRoc ' , the 'Company' or the 'Group' )
Marshalls and SigmaRoc announce strategic collaboration to deliver
new ultra-low carbon product portfolio
Marshalls PLC ('Marshalls') and SigmaRoc have entered into a strategic collaboration to develop ultra-low carbon technology within the concrete building materials sector. The aim of this collaboration is to share learnings in the application of current technologies while working together to develop new low carbon methods of production.
The collaboration enables Marshalls to develop low-carbon alternatives to its existing range of products in an increasingly environmentally conscious market. It also represents a further step in SigmaRoc's journey to increase access to ultra-low carbon construction products following the launch of the world's first cement-free block in 2021 and a commitment to manufacturing a cement-free alternative to every product within its precast product group from January 2022.
Nick Jowett, Technical Director at Marshalls, adds:
"Marshalls has long fostered a culture of progressive innovation combined with a commitment to not only meet the urban environment challenges of today's generation, but to build a better world for the next."
"By entering into a collaboration with SigmaRoc we envisage being able to give our customers the opportunity to use an ultra-low carbon alternative to a variety of traditional hard landscaping and construction products. We aim to significantly lessen the long-term environmental impact of hard landscaping solutions in alignment with our ambitious ESG targets."
Michael Roddy, Managing Director of PPG, SigmaRoc, comments:
"With the construction industry increasingly recognising the importance of integrating low-carbon alternatives into future ways of working, we are delighted to begin our strategic collaboration with Marshalls."
"To date SigmaRoc has focussed on developing scalable, low-carbon solutions for major infrastructure work. However, we recognise that residential and urban environment projects represent a significant portion of UK construction activity so we are excited at the prospect of working alongside Marshalls to help develop these solutions. Ultimately, we see the collaboration as another stepping stone in our commitment to invest, improve, integrate and create a sustainable future for construction."
Information on the Company is available on the Company's website, https://sigmaroc.com .
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SigmaRoc plc Max Vermorken
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Tel: +44 (0) 207 002 1080 |
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Strand Hanson Limited (Nominated and Financial Adviser) James Spinney / James Dance / Rob Patrick
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Tel: +44(0) 207 409 3494 |
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Investor Relations Dean Masefield / Florian Werner |
Tel: +44 (0) 207 002 1080 ir@sigmaroc.com
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