Solid Performers
ScotAsh has achieved another year of solid financial performance.
Sales for the year, at marginally under £10 million, were up by 44% on last year, while the volume of products sold - 545,000 tonnes - was eight per cent ahead of budget.
Finance Manager Mike Southworth said that this year's results had been boosted by a number of significant fill contracts, along with an upsurge in demand for stabilisation products, such as the environmental binder EnvirOceM.
Sales of cementitious products, he said, were marginally short of plan.
Managing Director Peter Quinn said: "It has been another good year for ScotAsh.
"We started 2005/06 by winning a Queen's Award in the Innovation category and we have continued to make solid progress throughout the year, thanks to the efforts of our staff and the continued support of our customers."
Peter said the year had brought a range of opportunities for the business, from large-scale infrastructure projects, to new opportunities for specialist products such as superfine strengthener Superpozz SV80 and waste stabilisation materials. ScotAsh ended the year by being one of just 12 UK companies shortlisted in the biennial European Business Awards for the Environment 2006, out of a field of 132, and completed a third full trading year without a Lost Time Accident.
In addition, a toll blending agreement was signed with Sika to manufacture several products on their behalf.
Meanwhile, ScottishPower announced the decision to invest £170 million in Flue Gas Desulphurisation at Longannet Power Station.
This will secure the future of the station - and a supply of PFA for ScotAsh - until at least 2020. It will also reduce emissions of SO2 by up to 90%.
During the year ScotAsh saved around 600,000 tonnes of primary aggregates, 40,000 tonnes of carbon dioxide and avoided the need to landfill over half a million tonnes of ash.
Back