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16 April 2019

CDE among UK's most profitable companies

First publishedon www.AggBusiness.com
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Brendan McGurgan - Group Managing Director.JPG
CDE group managing director Brendan McGurgan

CDE has been ranked among the top UK private companies, driven by a 61% in its annual profits over the past three years.

The Northern Ireland-based wet processing solutions and equipment company secured 80th spot in the annual Sunday Times BDO Profit Track 100 that ranks UK companies with the fastest-growing profits.

“Securing rank as one of the top-performing companies in the UK is testament to the work of our dedicated team," said Brendan McGurgan, CDE group managing director. "It is the efforts of these forward-thinking colleagues and engineers who provide consistent and unrivalled customer care and engagement which places CDE among the leading manufacturers of wet processing equipment in the world."

CDE works across five sectors and eight regions with approximately 2,000 projects across the world. The company provides technology that is designed to extend the lifespan of natural resources and drive alternatives for sand production and protecting finite natural resources. Large parts of the world face increasing demand for infrastructure and civil projects in the face of diminishing natural resources, and global demand for construction sand is more than 15 billion tonnes per year. Sand accounts for 35% of concrete which is used in the building construction industry.

CDE technology is being used to help businesses recover sand from dredging of water bodies; recycle excavation waste from tunnelling projects; reclaim contaminated land through land remediation projects; save rivers by replacing natural sand with manufactured sand and reduce the need for plastic by producing high-quality glass sands.

At last week's giant bauma construction expo in Munich, CDE exhibited its newly-launched Combo all-in-one wet processing plant.

CDE says the Combo's sustainable technology producing washed and graded manufactured sand is helping supplement natural sand which is a finite resource and increasing in cost. By utilising normally low-value crusher fines for sand production the compaany says it can extend the life of natural resources and add huge commercial value to customers’ enterprises.

The Combo requires a small supply of fresh water, allowing its deployment in quarries and urban areas not previously known for sand production.

In addition, sand can be produced closer to where concrete is required resulting in significant cost savings in the transport of aggregates and reduction of emissions. It is also considerably more energy efficient lending itself to run by renewable power.  

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