Tightening belts at CRH
The Irish building materials company CRH Plc plans to make €300m in savings between 2013-15 by focussing on reducing energy costs, rationalising capacity and continuing its acquisitions programme.
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At 7Mta clinker capacity, the Shuangyang cement plant in Jilin province is the largest
in northeastern China and part of the 26 per cent CRH-owned Yatai Cement
With over 700 acquisitions to-date, growth through vertical integration has become synonymous with the success of Irish construction materials giant CRH Plc. Operating in 3600 locations across 36 countries, it has developed a well-balanced portfolio, thereby minimising the risk to the business of varying economic cycles. But few companies can weather the current economic storm unscathed.