Cement News tagged under: CRH
CRH records group sales of US$31bn in 202104 March 2022, Published under Cement News2021 was a year of growth for CRH with positive underlying momentum in North America and Europe resulting in good demand in both regions. Group sales of US$31bn (2020: US$27.6bn) were 12 per cent ahead of 2020 and eight per cent ahead on a like-for-like(LfL) basis. Albert Manifold, CRH CEO, said: " Our 2021 performance reflects the outstanding commitment and resilience of our people as well as the benefits of our integrated, customer-focused business strategy." Americas Materials b... |
CRH prepares Ukraine business contingency plans28 February 2022, Published under Cement NewsIreland-based CRH has prepared contingency plans to address the fallout of Russia’s invasion into Ukraine. The company is closely monitoring the situation in the country as it has the largest Ukrainian exposure of any Irish business. CRH entered Ukraine in 1999 through the acquisition of PJSC Podilsky Cement . In the 2011-2013 period, the company expanded its presence through the acquisition of JSC Mykolaiv Cement in Mykolaiv and Cement LLC in Odessa. In late 2021 CRH rebranded i... |
Ash Grove Cement cuts ribbon on Port Manatee ship unloader09 February 2022, Published under Cement NewsAsh Grove Cement (CRH group) unveiled its brand-new state-of-the-art ship unloader with a ribbon-cutting ceremony at the Port Manatee deep water import terminal in Florida, USA. This maiden shipment completes the grand reopening of the terminal, which began in early 2021. The project will improve Ash Grove's capacity to import cement, slag, and fly ash to meet customers' existing and future needs while maintaining maximum efficiency and minimising environmental impact by eliminating dust ... |
CRH's Ukraine operations rebrand02 December 2021, Published under Cement NewsCRH’s cement plants in Ukraine are to operate under the new brand name of CEMARK. Mykolaivcement, Kamyanets-Podilskyi and Odessa cement plants will come under this branding. The rebranding of the CRH cement plants in Ukraine is linked with a change in the global brand structure for CRH entities. CRH is transitioning from being a holding company to being a global corporate brand. The aim is to build a strong national brand with its own Ukrainian heritage. On 22 November, CRH’s locat... |
CRH sees 11% YoY increase in sales23 November 2021, Published under Cement NewsCRH’s cumulative nine-month sales to the end of September reached US$22.8bn, an increase of 11 per cent YoY and ahead seven per cent on a like-for-like basis. EBITDA was up 15 per cent YoY to US$3.9bn while EBITDA margin was up 50bps to 17.1 per cent. Third quarter sales remained ahead of the prior year across all divisions, with good demand in key markets. Americas Materials was primarily driven by improved pricing as volume growth was impacted by inclement weather, while Europe Material... |
Finnsement CEO adds CRH US Building Products position to duties01 November 2021, Published under Cement NewsFinnsement CEO, Miikka Riionheimo, is set to take up a new position within the CRH Group's Building Products organisation. His position in Atlanta, USA, is senior vice president of strategy and development. For the time being, Mr Riionheimo remains the CEO of Finnsement. |
Tarmac sets its 2030 goals26 October 2021, Published under Cement NewsTarmac (CRH group) is building on its sustainability strategy to set out ambitious goals for the company to achieve by 2030, and beyond. The 2030 goals build on the company's long-term strategy which, over the last six years, has seen it successfully cut CO 2 by 24 per cent per tonne of product (against a 1990 baseline), and recover, recycle and reuse over 50Mt of waste from other sectors, for use as a fuel or as a constituent material, in the manufacture of its products. Aligned t... |
CRH reports 1H sales up 15%27 August 2021, Published under Cement NewsCRH saw its sales for the first half of 2021 increase 15 per cent YoY (10 per cent on a like-for-like basis) to US$14bn. First-half trading benefitted from a positive underlying backdrop in North America and Europe, said the company in a statement. Like-for-likesales in its Americas Materials segment increased by three per cent compared to 1H20, driven by improved volumes of aggregates, cement and ready-mix concrete, with price progress across all lines of business. In the Europe Materials... |
CRH continues share buyback programme30 June 2021, Published under Cement NewsCRH is continuing its share buyback programme by entering into an arrangement with Societe Generale, which will repurchase ordinary shares on the group’s behalf for a value up to US$300m. The buyback will begin today and is expected to complete by 1 October 2021. The programme is intended to reduce the share capital of CRH. |
Florida: bolder, brighter, better24 May 2021, Published under Cement NewsLike all US states, Florida has been badly hit by the COVID-19 pandemic with tourist numbers plummeting as borders shut and lockdown measures were imposed. But pent-up demand in the housing market, strong infrastructure spending and a robust construction sector should deliver a notable uptick in cement consumption in 2021-23. Florida has been badly affected by the COVID-19 pandemic with tourist numbers in freefall. However, a brighter future lies ahead Florida’s US$1trn econo... |