Construction & Materials (2350)

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SigmaRoc inks strategic collaboration agreement with Marshalls

By Iain Gilbert

Date: Friday 10 Sep 2021

LONDON (ShareCast) - (Sharecast News) - Building materials firm SigmaRoc said on Friday that had inked a strategic collaboration with Marshalls as part of an effort to deliver new ultra-low carbon products within the concrete sector.
SigmaRoc said the aim of the collaboration was to share learnings in the application of current technologies while working together to develop new low carbon methods of production.

The AIM-listed group stated the collaboration enabled Marshalls to develop low-carbon alternatives to its existing range of products and also represented a further step in SigmaRoc's journey to increase access to ultra-low carbon construction products following the launch of its 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.

Managing director Michael Roddy said: "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."

As of 0950 BST, SigmaRoc shares were up 3.53% at 114.40p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

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