Latest Industry News – 14/04/22
News from the 8th - 14th April 2022
Scottish pharmaceutical manufacturer gets £20m funding boost
Target Healthcare has received a £20m working capital boost for its plans to grow organically and through acquisitions.
The funding package from Santander UK should provide the Glasgow-headquartered pharmaceutical manufacturer with what it needs to expand the client base throughout the UK, including Northern Ireland.
It supplies medicines to retail pharmacies, hospital trusts and large pharmacy wholesalers. Most sales are in the UK, but the business also has clients in Europe and the Middle East, with the bank lending expertise for expansion into these markets
Read more at:
https://www.insider.co.uk/news/scottish-pharmaceutical-manufacturer-gets-20-26665473
Hanson to build UK’s first net-zero cement plant
Hanson UK (HeidelbergCement) plans to build the UK’s first net-zero cement factory at a facility in north Wales. Hanson is aiming to capture up to 800,000t of CO2 per year at its cement plant in Padeswood, near Mold. The site is set to undergo a GBP400m upgrade to implement carbon-capture technology in the coming years.
Hanson’s Head of Process and Sustainability, Iain Walpole, said the upgraded plant would be able to combine low-carbon cement with carbon capture to ensure zero-net emissions from its production. He said: “The whole concept of the Padeswood project was to make net-zero cement. So almost every little bit of calculation we’ve done, we have asked ourselves ‘what does that do to the net-zero balance?’
Read more at:
https://www.cemnet.com/News/story/172500/hanson-to-build-uk-s-first-net-zero-cement-plant.html
Airbus runs decarbonising wing technology tests at Filton site
Airbus has completed key tests at its site near Bristol of new aircraft wing technology it says could help decarbonise the aviation industry.
The aerospace giant has run wind-tunnel trials of its eXtra Performance Wing demonstrator at its base in Filton, South Gloucestershire. Launched last September, Airbus has said the project aims to improve wing aerodynamics and performance in a bid to reduce CO2 emissions and is intended to be compatible with any future aircraft configuration and propulsion system.
Airbus’ aerodynamics teams in Filton ran the tests on a low-speed wind tunnel, which replicates conditions similar to aircraft take-off and landing wind speeds. The simulator is also used by external organisations testing F1 cars, ship radar systems, urban air mobility vehicles, as well as more conventional aircraft. The eXtra Performance Wing will examine onboard technologies, like gust sensors, pop-up spoilers and multifunctional trailing edges, to enable the active control of the wing.
Read more at:
https://www.business-live.co.uk/technology/airbus-runs-decarbonising-wing-technology-23669967
