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Industrial Minerals

Rubber chips from tyres that cannot be retreaded or reused have become an important carbon neutral fuel for the cement kiln at Tunstead

Business overview

Anglo Industrial Minerals’ sole business is Tarmac, an international heavy building materials producer. In the UK, it is a market leader in aggregates, asphalt, mortar and ready-mixed concrete and it has significant operations in concrete products, lime and cement. It has operations in continental Europe and the Middle East, where it is principally involved in the production of crushed rock, sand and gravel, asphalt, ready-mixed concrete and concrete products.

Tarmac’s UK organisation consists of two business units, Aggregate Products and Building Products, which are supported by a shared-service centre based in central England. Aggregate Products comprises aggregates, asphalt, contracting, recycling and ready-mixed concrete and has a widespread geographic presence, enabling strong local customer focus. Building Products is made up of those businesses that have essentially national markets, including cement, lime, mortar and concrete products.

Tarmac’s international businesses operate in ten countries in continental Europe and the Middle East. It is a leading producer of hard rock, sand and gravel and concrete products in its Central European countries of operation. In 2008, the company sold its Spanish operations.

Operating profit

2008 $228m 2007: $474m

EBITDA

2008 $487m 2007: $732m
  • Successful divestment of Tarmac Iberia
  • Strong delivery on cost saving initiatives
  • Cash generative despite challenging market