Carlton Forest appoints CFO, financial director

Carlton Forest Group has appointed Mark Horobin its chief financial officer. Horobin, who is ACA (ICAEW) qualified, has enjoyed a successful career in finance with his roles taking him to Denmark, UAE, and Italy in addition to the UK.

“Our vision for the future, and our determination to grow and succeed across both our 3PL and renewables division is of huge importance to us, and it is necessary to continue to ensure that we have the right infrastructure to support this accelerated growth programme,” says Mark Pepper, chief executive officer of the Carlton Forest Group. “Mark’s director level experience, coupled with Matt Bower’s new appointment to group finance director, will be a perfect team to positively navigate the business through all its exciting future plans.”

“I am very pleased to have joined Carlton Forest Group and have enjoyed understanding the different elements of the business,” comments Horobin. “Joining the Carlton Forest team is a great opportunity to deliver a once in a lifetime growth story. Whilst I’ve been fortunate enough to be involved in successful growth journeys in the past, the opportunity in front of Carlton Forest is genuinely a transformative one. We have a great team and I look forward to achieving ongoing success together.”

Swift promotion for Matt Bower

Last month, Carlton Forest announced Matt Bower’s promotion from financial controller to group financial director after an “amazing first few months with the company.” Bower joined Carlton Forest at the end of 2021 and since then has “demonstrated his capabilities and drive to succeed,” especially when managing finance for the Renewables division, property acquisitions and other emerging markets that fall under the Carlton Forest Portfolio.

“Matt has made a real impact on our financial department from streamlining procedures, increasing efficiencies, and motivating and managing his team,” comments Mark Pepper. “His hard work, approachable nature and professional skills made him the natural choice when choosing our next group financial director and we wish him continued success as a valued member of our team.”

Bower has a Masters in Maths and is a qualified chartered accountant. His new role will see him take a more strategic level, develop growth plans whilst ensuring the team continues to deliver all aspects of its financial, purchasing and accounts functions. “The future is definitely exciting at Carlton Forest, and I am delighted to be part of the team that will shape that future and the success that will come with it,” he says.

Mark Bower (Photo: Carlton Forest)

High interest in pyrolysis plant

Both appointments take place at a time when Carlton Forest Renewables is inching closer to the start of 24/7 operations at its new facility in Worksop, the UKs first continuous pyrolysis plant for end-of-life tyres. The plant has the capacity to process around 8,000 tonnes of end-of-life tyre feedstock annually and can produce between 2.8 and 4.2 million litres of eco-pyrolysis oil each year. The company reports that one tonne of recovered carbon black (rCB) refined from its carbon char requires seven fewer tonnes of CO2 to manufacture the same amount of virgin carbon black. The technology is fully patented, and IP protected worldwide.

“Interest in our plant has been incredibly high across the globe and we have several joint ventures opportunities that we are currently finalising,” states Mark Pepper. “Our plant has the potential to make a huge difference in the way that end-of-life tyres are recovered and make a tangible difference to increasing the sustainability of alternative fuel production and select manufacturing processes.”

The Worksop plant has the capacity to process around 8,000 tonnes of end-of-life tyre feedstock annually and can produce between 2.8 & 4.2 million litres of eco-pyrolysis oil each year (Photo: Carlton Forest)