Hope Construction Materials
   HOME

TheInfoList



OR:

Breedon Cement, formerly Hope Construction Materials and later Hope Cement, is a producer of
cement A cement is a binder, a chemical substance used for construction that sets, hardens, and adheres to other materials to bind them together. Cement is seldom used on its own, but rather to bind sand and gravel ( aggregate) together. Cement mi ...
,
concrete Concrete is a composite material composed of fine and coarse aggregate bonded together with a fluid cement (cement paste) that hardens (cures) over time. Concrete is the second-most-used substance in the world after water, and is the most wid ...
and aggregates in the United Kingdom, founded on 7 January 2013 by entrepreneur Amit Bhatia. Before 1 April 2014, Hope Construction Materials was the trading name for the two entities, Hope Cement Limited and Hope Ready Mix Concrete Limited. The company adopted its current name in 2017. Hope Construction Materials was acquired by
Breedon Group Breedon Group plc (formerly Ennstone plc) is an AIM-listed British construction materials company headquartered at Breedon on the Hill, Leicestershire, England. In 2016 Breedon became the UK's largest independent construction materials firm follo ...
on 1 August 2016 for £336 million, and renamed Hope Cement Limited. Hope Ready Mix Concrete Limited remains a dormant company. Breedon has assets including Hope Cement Works, the largest cement plant in the United Kingdom at Hope, Derbyshire, and a network of 170
ready-mix concrete Ready-mix concrete (RMC) is concrete that is manufactured in a batch plant, according to each specific job requirement, then delivered to the job site "ready to use". There are two types with the first being the barrel truck or in–trans ...
plants, as well as aggregate extraction and logistics operations.


History

In February 2011, cement company
Lafarge La Farge, LaFarge or Lafarge can refer to: People * Antoinette LaFarge (1966–), American artist and writer * Christopher Grant LaFarge (1862–1938), American architect and partner in the firm Heins & LaFarge * Christopher Grant La Farge ( ...
and mining company Anglo American agreed to merge their British construction materials businesses. The deal was set to combine Anglo American's Tarmac UK unit, employing 4,500 people, with Lafarge's cement, concrete and aggregate quarries, depots and terminals. Due to the size of the venture, the Office of Fair Trading referred it to the UK's
Competition Commission The Competition Commission was a non-departmental public body responsible for investigating mergers, markets and other enquiries related to regulated industries under competition law in the United Kingdom. It was a competition regulator under t ...
, who concluded in May 2012 that, because of the potential loss of competition in the aggregates, asphalt, cement and
ready-mix concrete Ready-mix concrete (RMC) is concrete that is manufactured in a batch plant, according to each specific job requirement, then delivered to the job site "ready to use". There are two types with the first being the barrel truck or in–trans ...
markets, some of their assets should be sold. In November 2012, Lafarge and Anglo American agreed to sell ~£200 million worth of British assets to Amit Bhatia. In December of that year, Anglo American's Tarmac unit became Hope Ready Mixed Concrete Limited, whilst Lafarge's assets became Hope Cement Limited. The deal was completed in January 2013 with the creation of Hope Construction Materials. The two firms, Hope Cement Limited, and Hope Ready Mixed Concrete Limited, traded under the name ''Hope Construction Materials''; the two entities merged on 1 April 2014, creating Hope Construction Materials Limited. On 18 November 2015, Breedon Aggregates announced the acquisition of Hope Construction Materials for £336 million, and completed the deal on 1 August 2016 following approval from the
Competition and Markets Authority The Competition and Markets Authority (CMA) is the competition regulator in United Kingdom. It is a non-ministerial government department in the United Kingdom, responsible for strengthening business competition and preventing and reducing anti-com ...
. The combination of Hope and Breedon created the largest independent construction materials business in the United Kingdom.


Operations

When the two Hope legal entities merged in 2014, the combined assets included a cement works at Hope,
Derbyshire Derbyshire ( ) is a ceremonial county in the East Midlands, England. It includes much of the Peak District National Park, the southern end of the Pennine range of hills and part of the National Forest. It borders Greater Manchester to the nor ...
, which is the largest in the United Kingdom. The company also operated 170
ready-mix concrete Ready-mix concrete (RMC) is concrete that is manufactured in a batch plant, according to each specific job requirement, then delivered to the job site "ready to use". There are two types with the first being the barrel truck or in–trans ...
plants; and a number of aggregate operations including quarries, rail terminals and shipping wharves. The company employed eight hundred people in January 2013. Production at Hope Cement works in its first year of trading (to 2014) was over 1.3 million tonnes of cement per year.


Railway

When G & T Earle opened Earle's Cement works in 1929, it was linked to the Hope Valley Line by a single track railway, which was worked by steam until 1963. Most of the cement now travels over it in trains hauled by class 20 locomotives to Earle's Sidings, where it is taken over by Freightliner.


References


External links

*
YouTube video at Earles Sidings
{{Construction industry in the United Kingdom British companies established in 2013 Wholesalers of the United Kingdom Building materials companies of the United Kingdom