Cement News tagged under: CRH
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... |
CRH completes final phase of European lime divestment02 September 2024, Published under Cement NewsCRH previously announced on 22 November 2023 that it has reached an agreement to divest its lime operations in Europe for a total consideration of US$1.1bn. CRH has now announced today that the third and final phase of the transaction, comprising the group’s lime operations in Poland, is now complete. CRH is one of the largest providers of building materials solutions. Employing around 78,500 people at 3390 different operating locations in 28 countries, CRH has market leadership positio... |
Danucem orders Mercedes electric trucks20 August 2024, Published under Cement NewsDanucem ( CRH ) and its logistics company, TransPlus, have been testing the fully-electric Mercedes Benz eActros 300 truck in Slovakia. As transportation is a significant contributor to CO 2 emissions, this initiative marks a crucial step in our commitment to sustainability. The eActros 300 has a comfortable range of up to 300km and the ability to recharge from 20 to 80 per cent in just 75 minutes. Integrating electric vehicles like the eActros 300 into the fleet is part of Dancer... |
Carbon Upcycling joins the PCA to advance decarbonisation14 August 2024, Published under Cement NewsDecarbonisation and carbon capture and utilisation provider Carbon Upcycling is admitted to the Portland Cement Association (PCA). The US Department of Energy recently announced over US$1.2bn in funding for PCA member companies to launch decarbonisation projects, as part of the Biden Administration's Bipartisan Infrastructure Law and the Inflation Reduction Act. This federal investment underscores the cement industry's ambitious steps towards carbon neutrality, with carbon capture, utilisat... |
Antimonopoly committee conducts market test on CRH deal09 August 2024, Published under Cement NewsOn 1 August, the Antimonopoly Committee of Ukraine (AMCU) conducted a market test for the acquisition of two Buzzi cement plants by CRH . This test was the penultimate step on the way to finalising the deal. The market test was comprised of surveys from industry stakeholders such as consumers, industry experts and other market participants. The AMCU often uses this tool to assess the viability of large-scale mergers and acquisitions. The test follows the AMCU announcement on 25 July ... |