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Sussex’s Ibstock Brick Limited receives more than £241k from Industrial Transformation Fund

10 May 2023
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The Business Magazine article image for: Sussex’s Ibstock Brick Limited receives more than £241k from Industrial Transformation Fund
The concept of environmentally friendly production. A pond shaped like a factory in the middle of a lush forest. 3d rendering.

West Sussex-based clay and concrete product manufacturer Ibstock Brick Limited will receive more than £241,000 from the Government’s Industrial Transformation Fund.

The £24.3 million will support businesses which use high amounts of energy to reduce their fossil fuel use through innovative low-carbon technologies.

Ibstock Brick’s share of the fund will be spent on technology which will reuse waste heat, reducing the company’s energy usage.

Read more - Kent Uni and Produced in Kent partner on new gleaning project

Minister for Energy Efficiency Lord Callanan said: “We are leading the world in reaching net zero, having cut emissions by 48% – but to keep up this progress and achieve our green goals, we’ve got to transform our industrial sectors, as some of the industries most critical to our economy are also those with the highest emissions.

“Today, we’re backing them with government funding to use the latest technologies to cut their emissions and their reliance on fossil fuels – helping to future-proof these industries as we grow our green economy.

“This will not only cut their energy costs but also boost their competitiveness on the world stage, helping them thrive and protecting the thousands of jobs they offer across the country.”

Read more - GLi granted planning permission for ultra-sustainable logistics hub in Croydon


Sam is the Regional Editor of Biz News, responsible for both Hampshire and Dorset.

A new recruit to journalism, Sam started writing for the Business Magazine as a freelancer in May of 2022 after completing his degree in English at University College London. His passion for local businesses and ability to tell a story soon caught the attention of the publication’s management team and have led to his meteoric rise.

Sam, who lives in central Reading, takes a particular interest in technology, gaming and food and drink, having been a chef before starting his degree.

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