Eco-friendly building materials supplierLime
Technologyhas bought the troubled hemp
processor and supplier,Hemcore
, from its administrators.
The deal will be welcome news to the farmers and growers who
supply Hemcore, as Lime Technology promised to honour contracts
already in place. It said it would retain the Hemcore brand name
for now, but would rename the business Hemp Technology, a
wholly-owned subsidiary of Lime Technology.
Hemcore's offices and factory in Halesworth, Suffolk, are to be
kept open and it is planned to keep the existing members of staff.
Mike Duckett will become the managing director for the company and
John Hobson remains the main contact for customers.
As well as providing hemp shiv (the pulpy centre of the stalk)
for Hemcrete and other construction products, Lime Technology will
continue to service the Hemcore supply chain, providing a range of
products, including insulation, horse bedding and fibre to the car
industry.
The company plans to expand Hemcore's base of farmers for the
2010 growing season in response to growing demand for hemp from
certain sectors, such as construction. It is anticipated that
6000-8000 acres of hemp will be needed next season.
