Michelmersh Brick Holdings Share Price (MBH)

Sounds impressive but the City seems to have given it a big thumbs down.

Michelmersh to produce the world’s first 100% hydrogen fired clay bricks.

Michelmersh has announced its successful bid to the Department for Business, Energy & Industrial Strategy (BEIS) UK Government, Industrial Fuel Switching competition to conduct a feasibility study to replace natural gas with hydrogen in the brick making process. The programme is part of the £1 billion Net Zero Innovation Portfolio (NZIP) which aims to provide funding for low-carbon technologies to decreasing the costs of decarbonisation.

The project represents a global flagship physical study to replace natural gas with hydrogen in brick manufacturing. Phase 1 of the project will demonstrate the viability of fuel switching and will see hydrogen used in the clay brick production process at Michelmersh’s Freshfield Lane site. The project aims to inspire radical change across the sector and present opportunities and evidence-based research to support manufacturers on their journey to heavily decarbonise the production processes.

https://www.environmentuk.net/component/content/article/309-sustainability/3690-michelmersh-to-produce-the-worlds-first-100-hydrogen-fired-clay-bricks

BEIS Industrial Fuel Switching Programme (IFS) Hydrogen.

BEIS are hosting a hydrogen supply event prior to the launch of Phase 2 of the £55m Industrial Fuel Switching Programme (IFS).

About this event
The £55 million Industrial Fuel Switching competition will support innovation in the development of pre-commercial fuel switch and fuel switch enabling technology for the industrial sector, to help industry switch from high to lower carbon fuels. Funding will be awarded through Small Business Research Initiative (SBRI) contracts, providing 100% funding for pre-commercial solutions. Phase 1 feasibility projects started in March 2022 and are expected to complete in September 2022, with the Phase 2 demonstration competition expected to launch in late 2022 for applications and with £1m to £6m available per project.

https://www.eventbrite.co.uk/e/beis-industrial-fuel-switching-programme-ifs-hydrogen-supply-event-tickets-349598698117

Industrial Fuel Switching Programme.

Phase 1: summaries of successful projects.

Project Name: Deep Decarbonisation of Brick Manufacturing.
Led by: Michelmersh Brick Holdings PLC
Project Location: West Sussex
Funding: £292,624

Michelmersh Brick Holdings PLC will trial the feasibility of replacing natural gas with hydrogen for firing in brick production, with the ultimate aim of demonstrating a potential decarbonisation route for clay brick manufacturing. The project will investigate the feasibility of retrofitting gas burners used for brick firing, trialling 100% green hydrogen in a test kiln at Michelmersh’s site in Sussex. In parallel, project partner Limpsfield Combustion will develop and conduct laboratory testing of burners and investigate their energy efficiency. Other partners/contractors in the project include the University of Brighton, Greater South East Net Zero Hub, Net Zero Associates and Geopura.

https://www.gov.uk/government/publications/industrial-fuel-switching-programme-successful-projects/industrial-fuel-switching-programme-phase-1-summaries-of-successful-projects

Investors Champion: Michelmersh: the brilliance of bricks
https://www.investorschampion.com/channel/blog/bricks-and-kettles