Skip to main content

Salt deal ready for winter

PEACOCK SALT has secured a long-term agreement with Rio Tinto's Australian subsidiary Dampier Salt (DSL) to supply solar salt for the UK market.The agreement with the world’s largest salt exporter will see Ayr, Scotland-based Peacock importing in the region of 500,000tonnes of salt/year. Peacock says it currently controls 15% of the UK’s road salt market, supplying to a range of public and private sector clients. Director Angus Craig said the deal with Australia and UK-based Rio Tinto will secure the compan
May 30, 2012 Read time: 2 mins
Angus Craig: deal with Rio Tinto will secure his company’s international supply chain
5798 Peacock Salt has secured a long-term agreement with Rio Tinto's Australian subsidiary 5799 Dampier Salt (DSL) to supply solar salt for the UK market.

The agreement with the world’s largest salt exporter will see Ayr, Scotland-based Peacock importing in the region of 500,000tonnes of salt/year.

Peacock says it currently controls 15% of the UK’s road salt market, supplying to a range of public and private sector clients.

Director Angus Craig said the deal with Australia and UK-based 5800 Rio Tinto Group will secure the company’s international supply chain and give it the base to further grow its market share throughout the UK.

“The business has experienced significant growth throughout the past few years,” he said. “Key to this growth has been the development of a strong international supply network which has given us the ability to meet the growing demand for salt products across the UK market place.” 

Earlier this year local authorities in the UK battled to keep major highway routes clear as continued freezing temperatures    led to a shortage in gritting salt. Authorities had to close minor routes and cut salt use in an attempt to preserve dwindling supplies.

Craig believes that proper planning will help to prevent the UK being caught out by the freak winter conditions.

“The sustained winter period led to an unprecedented level of demand for salt. Our transport networks were under significant pressure and local and central government received severe criticism for failing to plan properly for the freezing conditions.”

For more information on companies in this article

Related Content

  • Wacker Neuson bullish with strong results
    May 8, 2019
    The Wacker Neuson Group reports a strong financial performance for the first quarter of 2019. The firm’s results reveal a double-digit rise in revenue to €434.6 million, a gain of 17%. The company saw even higher growth of profit before interest and tax (EBIT) growth to reach €30.2 million, a jump of 31%. Meanwhile the firm’s EBIT margin improved to 6.9%, a gain of 0.7%. “This strong start to the year sees us continue the dynamic pace of growth from the fourth quarter of 2018. Demand for our products and
  • CECE Summit 2018: Single-minded towards a single market
    November 22, 2017
    This year’s theme at the CECE Summit in Brussels was Industry and Politics: a historic transformation process The EU’s internal market must become truly a single market as well as a digital one. But there are storm clouds on the horizon. Europe’s single market is either threatened by political events of the past several years or about to become more secure because of it. That was the nub of an impassioned economic forum panel discussion.
  • Increasing climate change resilience through effective maintenance
    January 30, 2020
    IRF spoke to Valerio Molinari from Ecogest SpA about maintenance as an effective means for increasing infrastructure resilience.
  • Public Private Partnerships for Roads Development
    May 29, 2018
    Key to Bridging the Road Investment Gap. There remains a very large gap between the world’s infrastructure needs to meet population and economic growth, and the public sector’s ability to procure commensurate funding. In the road sector, major consulting house McKinsey estimates investments need to be US$900 billion/year to keep pace with projected growth while current levels of investments fall short of this figure by $180 billion globally. Private finance is increasingly perceived as one of the main lever