Tightening belts at CRH

Published 09 January 2013

Tagged Under: cost-saving acquisition 

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.

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.

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