Cement News tagged under: CRH
Charting the progress of biodiversity in Europe's quarries15 November 2024, Published under Cement NewsAs the first week of COP29 draws to a close, we consider the issue of biodiversity and the cement industry's impact on this important sustainability indicator. This week, CEMBUREAU 's 'How quarries provide a home to European endangered species' webinar presented an opportunity to discuss the cement sector's progress in rehabilitating former quarries and increasing biodiversity through the regeneration of flora and fauna in active quarries. As a starting point, Dr Carolyn Jewel... |
CRH announces group 3Q24 revenues of US$10.5bn12 November 2024, Published under Cement NewsCRH announced total revenues for the group of US$10.5bn (3Q23: US$10.1bn) in the 3Q24 were four per cent ahead, while organic total revenues were one per cent behind the corresponding period in 2023. Contributions from acquisitions and strong commercial management more than offset the impact of divestitures and lower activity levels due to adverse weather in certain regions. Net income of US$1.4bn (3Q23: US$1.3bn) was five per cent ahead of the prior year reflecting strong operating perfor... |
CRH develops wind farm to power Romanian plant04 November 2024, Published under Cement NewsCRH has developed a new wind farm to provide renewable electricity to its Medgidia plant in Romania. The wind farm is the first of its kind in the country to exclusively power a cement plant. The farm will meet a significant proportion of the Medgidia plant’s annual energy requirements, helping lower the carbon footprint of the cement produced, while also contributing to Romania's clean energy transition. Enuice Heath, chief sustainability officer at CRH, said, “This is a significant ... |
CRH moves to buy Civilmart01 November 2024, Published under Cement NewsCRH has moved to buy CPE Capital’s Civilmart business, with the business containing assets that were previously part of Rocla Pipes. Rocla was sold to CPE Capital in 2021 for about AUD56.5m (US$37m) by Fletcher Building. At the time, the technology linked to the asset was considered somewhat dated, which may have been a motivating factor for the sale. The understanding around the market is that CPE Capital was commanding a price between AUD100m-500m and probably for AUD200m-250m. CPE me... |
Buzzi completes sale of Ukraine operations to CRH15 October 2024, Published under Cement NewsFollowing the approval received from the local antitrust authority on 5 September 2024, Buzzi has completed the closing of the sale of its assets in Ukraine to CRH, which was signed on 20 June 2023. The sale price amounts to EUR0.1bn. In Ukraine, Buzzi has been operating two fully-integrated cement plants and two cement distribution terminals, in addition to ready-mix concrete plants in three cities. Total revenue for the full fiscal year 2023 amounted to EUR85.6m with an EBITDA of EU... |
CRH announces new CEO24 September 2024, Published under Cement NewsCRH has announced the appointment of Jim Mintern as the next chief executive officer, succeeding Albert Manifold who will retire at the end of the year. Mr Mintern is currently CRH’s chief financial officer, having been a director of the company’s board since June 2021. He has over 30 years of experience in the building materials industry and has been at CRH for 22 years. The company states that Mr Mintern has deep industry knowledge, has led a variety of operational businesses and is... |
Blowouts at Irish Cement spark calls for action23 September 2024, Published under Cement NewsFollowing a recent early morning blowout at Irish Cement , a subsidiary of CRH Plc , that left local residents waking to cars and property coated in white dust, calls have been made for action from the Council. At this month’s Metropolitan area meeting, Social Democrats councillor Elisa O’Donovan proposed the immediate establishment of a community liaison committee for the Mungret, Raheen, and Dooradoyle areas, as required by the site’s planning conditions. Labour Party councill... |
Ash Grove Cement acquires Geofortis LLC13 September 2024, Published under Cement NewsAsh Grove Cement (USA) has acquired Geofortis LLC, operator of a raw natural pozzolan milling and classifying line and nearby deposit in Toole, Utah. Since starting production in 2021, Geofortis has obtained approvals for its supplementary cementitious material from agencies in California, Colorado, Nevada and Utah. Ash Grove President, Serge Smith, said, “[This venture] aligns perfectly with our long-term growth strategy and commitment to sustainability. High-quality pozzolan products ... |
Ukraine's antimonopoly committee clears CRH acquisition of Dyckerhoff Cement Ukraine06 September 2024, Published under Cement NewsThe Antimonopoly Committee of Ukraine (AMCU) has approved the deal by CRH Ukraine BV to acquire shares of PRJSC Dyckerhoff Cement Ukraine , according to an AMCU website report. The acquisition will provide the buyer with over 50 per cent of the voting shares on the PrJSC Dyckerhoff Cement Ukraine board. The AMCU also gave permission to implement the measures provided for in the purchase and sale agreement that prevent competition (Subparagraph 16.1 of Paragraph 16 of the Share Purchase a... |
Eqiom awards Fives FCB Héming upgrade contract05 September 2024, Published under Cement NewsEqiom has awarded Fives FCB the contract to upgrade its cement grinding plant in Héming , France. The cement producer, which is part of CRH , plans to upgrade its grinding unit with the installation of latest-generation classifier to improve separation performance and produce cement at a higher fineness with lower energy consumption levels. This will enable Eqiom to reduce the clinker factor of its cement and its CO 2 footprint. Fives FCB will integrate an FCB TSVTM 4000 THF Classifi... |