Sibelco
News article
Company acquires 9.99% stake in newly incorporated joint venture company Cape Silica Holdings
Updated sustainability framework ensures balance of environmental, societal and economic needs
Continued improvement in financial performance but slowdown in demand expected to intensify in H2
Acquisition of Echasa SA extends company’s silica sand reserves and resources in Western Europe
Company invests in emerging Australian producer of high-grade mineral and silica sands
Company enters exclusive negotiations for planned sale of abrasives activities to EP Power Minerals
Long-term mutually beneficial global partnership brings nature back to Sibelco quarries
Targets set for Scope 3 emissions reductions in partnership with customers and supply chain
Acquisition of Kremer Zand en Grind expands customer base and extend reserves and resources
Revenue and EBITDA comfortably above pre-pandemic levels of 2019; Underlying trends positive
Up to 600 jobs under threat in plan to enhance company’s global productivity and competitiveness
Company to reduce Scope 1-2 emissions intensity by 5% per year from 2021 to 2030
First section of Heerlen silica sand quarry transferred to Dutch nature conservation organization
New wind turbines at Belgian silica sand site demonstrate company’s commitment to sustainable operations
Sibelco’s new UK silica sand site officially inaugurated with both live and virtual opening events