Cement News tagged under: CRH
CRH welcomes John Lydon as director of group development07 September 2022, Published under Cement NewsCRH has appointed John Lydon as its new director of group development. Mr Lydon joins the building materials group from stockbroking firm Davy where he was head of capital markets. According to The Irish Times, while at Davy he was an influential adviser to some of the largest Irish corporate groups, including CRH, on mergers and acquisitions and capital raising. Prior to joining Davy in December 2014, Mr Lydon was a leading corporate finance executive with Deutsche Bank in Asia. He ... |
CRH posts 14% YoY increase in sales in 1H2225 August 2022, Published under Cement NewsCRH has reported a 14 per cent YoY increase in sales to US$15bn in the first half of 2022. EBITDA over the same period has improved by 21 per cent to US$2.2bn, with the EBITDA margin gaining 90bps to 14.7 per cent. Earnings per share have advanced by 36 per cent to US$1.21. First-half profit after tax came in at US$0.9bn, up 29 per cent YoY “CRH has delivered another strong performance with further growth in sales, EBITDA and margin despite a challenging and volatile cost environment. T... |
Andrew Keating leaves CRH29 July 2022, Published under Cement NewsAndrew Keating, previously director of group finance at CRH, has left the company. The former Bank of Ireland chief financial officer joined the building materials company three years ago, reporting to Jim Mintern. Mr Keating reportedly left CRH at the end of June this year to pursue other opportunities, reports The Irish Times. |
CRH subsidiary adopts graphene technology additives11 July 2022, Published under Cement NewsBeton Catalan SA ( CRH group ), has implemented graphene technology in its high performance concretes to reduce CO 2 after an agreement with Graphenano Smart Materials. The application of a graphene-based additive improves both mechanical performance and durability as well as giving "clear environmental advantages by reducing the concrete's carbon footprint," explained Beton Catalan Quality Director, Alberto Arenillas. The company has already incorporated these technologically adva... |
Tarmac trials fuel conditioner innovation09 June 2022, Published under Cement NewsThe board of the directors of Tarmac ( CRH group ) is commencing a significant trial of the SulNOxEco™ Fuel Conditioner. The ground-breaking fuel conditioner is being trialled as part of Tarmac’s ongoing corporate commitment to reduce emissions across its nationwide fleet of heavy goods vehicles. Working with fuel technology specialist partner SulNOx Group Plc, the business is using an innovative fuel additive on selected vehicles over a three-month period while carefully monitoring fuel ... |
Danucem’s Banská Bystrica plant adds alternative fuels line15 May 2022, Published under Cement NewsCompanies Ecorec Slovensko and GreenTech Slovakia have joined forces and launched a new line for the production of alternative fuels at Danucem’s ( CRH ) Banská Bystrica concrete plant, Slovakia. Plastic waste that cannot be recycled again, will serve as a raw material for the production of alternative fuels. In the future, alternative fuels could replace up to 90 per cent of the energy sources needed to produce cement, bringing a range of environmental benefits - starting with the re... |
CRH reports 1Q22 revenue growth of 15%22 April 2022, Published under Cement NewsCRH has reported 1Q22 revenues establishing a growth 15 per cent, up 13 per cent LfL. The Europe Materials division grew at 18 per cent in organic terms while the Americas Materials division recorded nine per cent organic sales growth. Aggregates saw volumes fall of three per cent in the quarter, impacted by poor weather conditions in the northeastern US. Asphalt grew a strong 19 per cent, helped by an eight per cent price increase. In the cement division prices rose 11 per cent ... |
CRH records group sales of US$31bn in 202104 March 2022, Published under Cement News2021 was a year of growth for CRH with positive underlying momentum in North America and Europe resulting in good demand in both regions. Group sales of US$31bn (2020: US$27.6bn) were 12 per cent ahead of 2020 and eight per cent ahead on a like-for-like(LfL) basis. Albert Manifold, CRH CEO, said: " Our 2021 performance reflects the outstanding commitment and resilience of our people as well as the benefits of our integrated, customer-focused business strategy." Americas Materials b... |
CRH prepares Ukraine business contingency plans28 February 2022, Published under Cement NewsIreland-based CRH has prepared contingency plans to address the fallout of Russia’s invasion into Ukraine. The company is closely monitoring the situation in the country as it has the largest Ukrainian exposure of any Irish business. CRH entered Ukraine in 1999 through the acquisition of PJSC Podilsky Cement . In the 2011-2013 period, the company expanded its presence through the acquisition of JSC Mykolaiv Cement in Mykolaiv and Cement LLC in Odessa. In late 2021 CRH rebranded i... |
Ash Grove Cement cuts ribbon on Port Manatee ship unloader09 February 2022, Published under Cement NewsAsh Grove Cement (CRH group) unveiled its brand-new state-of-the-art ship unloader with a ribbon-cutting ceremony at the Port Manatee deep water import terminal in Florida, USA. This maiden shipment completes the grand reopening of the terminal, which began in early 2021. The project will improve Ash Grove's capacity to import cement, slag, and fly ash to meet customers' existing and future needs while maintaining maximum efficiency and minimising environmental impact by eliminating dust ... |