Cement News tagged under: CRH
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 ... |
Lumbres cement plant opts for polysius® booster mill16 July 2024, Published under Cement NewsEqiom Lumbres cement plant (CRH group) in France has entrusted thyssenkrupp Polysius with the implementation of an ultrafine grinding plant. This additional grinding stage allows for the reduction of the clinker factor in cement. The system includes the polysius ® booster mill, the ultrafine separators sepol ® UF and its ancillary equipment including material handling equipment and process gas management. The polysius ® booster mill is available in four sizes from 300 to 1800kW inst... |
FLSmidth to increase efficiency of Leamington kiln09 July 2024, Published under Cement NewsAsh Grove ( CRH group ) is working with FLSmidth Cement, to improve the efficiency of the kiln at its plant in Leamington , Utah, with a pyroprocessing upgrade, including a new tertiary air duct, new calciner section, new kiln drive system, and other solutions. “We’re always thrilled to work with Ash Grove ,” says Scott Hall, VP sales and service USA and Canada. “They’re committed to increasing process efficiency, and this pyro upgrade will give them that by reducing pressure drop on key ... |
Adbri shareholders agree to CRH takeover13 June 2024, Published under Cement NewsShareholders in Australia-based Adbri have given the green light to the takeover bid by Ireland’s CRH . According to The Australian, almost 98 per cent of the votes cast at a meeting held this week at Adbri were in favour of CRH’s acquisition of 57 per cent of Adbri shares. CRH first made a bid for the shares in December 2023, offering AUD3.20(US$2.13)/share, valuing the company at around AUD2.1bn (US$1.4bn). As part of the deal, Barro Group will retain its 43 per cent share of Adbri. ... |
CEMARK ready to play its part in Ukraine's recovery04 June 2024, Published under Cement NewsCEMARK ( CRH Group ) Director of Strategy and Development, Mykhailo Bechkalo, is confident that CEMARK will play a big role in the reconstruction of Ukraine. Mr Bechkalo believes that the cement industry is a strategically important sector for recovery. He spoke about this in a new material for the Ministry of Finance. “Significant investments are needed to modernise part of the industry and meet market needs. CRH is a leading global provider of building materials solutions. Operating under... |
Beton Provincial acquires CRH Canada assets23 May 2024, Published under Cement NewsBéton Provincial has concluded its deal with CRH Canada Group Inc , acquiring assets in Quebec, Newfoundland and Labrador as well as the state of New York. As a result, Béton Provincial now operates one of the largest distribution networks in eastern North America. The company now owns Ash Grove Cement's Joliette cement plant, six cement terminals (three in Newfoundland and Labrador, two in Greater Montreal and one in Solvay, New York), nine ready-mix concrete plants (including seven in... |
US building materials groups report strong 1Q2417 May 2024, Published under Cement NewsCemNet has a look across the pond at how three US building materials companies have fared in the 1Q24. While results were stronger than expected in the 1Q24 for several cement producers in America, the task will be to capitalise on that during the rest of this year. Titan America, Summit Materials Inc and CRH have all steered their strategies to maximising US revenues and the benefits are starting to show. Titan gears up for IPO Titan Cement International announced this week that it ... |