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