Mittal adds Hope to heavyside market

Published:  10 January, 2013

Indian steel tycoon Lakshmi Mittal has launched his new UK cement, concrete, aggregates and asphalting business, born from disposals from the Tarmac and Lafarge merger.

The new force in the heavyside materials sector is called Hope Construction Materials and it opens its gates with a promise to re-define the service provided in the sector. Hope operates more than 170 ready-mixed concrete plants, several aggregates operations, two asphalt plants and the UK's largest cement plant at Hope in Derbyshire.

Amit Bhatia, chairman, Hope Construction Materials said: "The formation of Hope Construction Materials is evidence of our belief that there is an opportunity in the marketplace to re-define the service provided by businesses.

"Our name refers not only to our core asset but also to this confidence. Led by a strong and experienced management team, I believe that Hope Construction Materials will soon establish itself as a player of reliability and quality.

Chris Plant, chief executive says: "Hope is the first major new name in the British building materials sector for more than a decade. We have a rare opportunity to take a different approach to customer service, bringing in new ideas, innovative products and services, and better ways to meet the needs of the construction industry. We have specifically designed the company to encourage fresh thinking and bring an entrepreneurial, partnering spirit to the industry."

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