Cement News tagged under: Ireland
Financier acquires 11% stake in Ecocem05 June 2017, Published under Cement NewsFinancier Dermot Desmond is reported to have acquired a stake in Ecocem Materials, the low-carbon cement producer founded by Irishman Donal O’Riain and backed by Saint-Gobain. Ecocem holds a 70 per cent stake in a EUR30m 2Mta plant venture with ArcelorMittal and has three cement plants at Ringsend (Ireland), Moerdijk (The Netherlands) and Fos-sur-Mer (France) Via his private equity company, IIU, Mr Desmond is believed to be acquiring as much as 11 per cent of shares, possibly from the Durk... |
CRH sees 4% advance in 1Q sales26 April 2017, Published under Cement NewsCRH reported a ‘satisfactory’ start to 2017 with first quarter sales up four per cent compared with a strong first quarter of 2016 which benefitted from very mild weather conditions across all its major markets. In a trading update released today in advance of its AGM taking place tomorrow, the Irish building materials major said group EBITDA for the "seasonally less significant first half of the year" is expected to be ahead of last year (1H16: EUR1.12bn). Based on current momentum, furth... |
Irish Cement defends waste fuel plan12 April 2017, Published under Cement NewsIrish Cement has defended its plans to burn up to 90,000tpa of waste materials following concerns by local residents over the health and safety impact of the development. Brian Gilmore, head of communications with Irish Cement, said that the company’s EUR10m plant to burn waste at its Limerick plant will be “no health and safety risks, or concerns."The environmental regulations that are there are there to protect the communities," Mr Gilmore told local press. Irish Cement, part of the CRH ... |
Irish Cement to receive fossil fuel replacement go-ahead14 March 2017, Published under Cement NewsLimerick City and County Council have informed Irish Cement of their intention to grant the cement producer planning permission for its fossil fuel replacement project at its Mungret plant in Limerick, Ireland. The Mungret works is the last remaining cement plant in Ireland to start a fossil fuel replacement programme. The practice has been successfully used in Ireland for the past nine years. “We now look forward to the licence decision by the EPA later this year, which, if successfu... |
Irish Cement granted permission for Limerick plans10 March 2017, Published under Cement NewsLimerick City and County Council has granted Irish Cement planning permission for an extension to its facility in Mungret. A spokesperson for the local authority stated permission for the development has been granted subject to 16 conditions, which were not fully disclosed. |
CRH 2016 gross profits up 69%01 March 2017, Published under Cement NewsCRH released its 2016 results with its gross profits at EUR1741m up by 69 per cent on its EUR1033m in 2015. Operating profits were also up EUR2027m, as against EUR1277 a year earlier. CRH announced that margins and revenues were ahead in all business divisions and sales of building materials amounted to EUR27.1bn, 15 per cent ahead of 2015. Meanwhile, EBITDA was up 41 per cent to EUR3.1bn, and EBITDA margin was 11.5 per cent up from 9.4 per cent in 2015. The group recorded cash inflow ... |
Irish Cement to reduce fossil fuel use, plans WHR project01 March 2017, Published under Cement NewsIrish Cement is currently preparing to replace fossil fuels at its Platin works in Co Meath, Ireland. The project started with a planning application to Meath County Council in November 2015, and will shortly be lodged with An Bord Pleanála for decision. At present, a series of public information briefing sessions is scheduled to take place between 2-4 March 2017. The application is for planning permission and for a review of the industrial emission licence in Platin to allow for ... |
Ireland: council to monitor Irish Cement Mungret emissions01 March 2017, Published under Cement NewsLimerick City and County Council is to set up a station to monitor the air quality near the Irish Cement plant in Mungret. The move comes ahead of a planned demonstration in opposition to the firm’s plans to use tyres and plastics at its site instead of fossil fuels to produce cement. Irish Cement stated that due to the fact that the burning will take place at such a high temperature (1500˚C) there will not be an increase in emissions into the air. The proposals, the firm added, will lead... |
Ireland: Quinn Cement open Warrenpoint export hub08 February 2017, Published under Cement NewsQuinn Cement has establised a new cement export hub in Warrenpoint Harbour in Co Down, Ireland, in a GBP2.5m (EUR2.9m) investment. With a capacity to move 7500t, the export facility will service Quinn Cement's base in Co Cavan. The hub will be operated over a 10-year period in conjunction with the Warrenpoint Harbour Authority. Final commissioning for the project was approved at the end of January. The investment will complement the GBP1.3m upgrade to the Quinn Cement import facility ... |
Ireland: EPA to weigh in on Limerick plans23 December 2016, Published under Cement NewsLimerick Council has engaged consultants with a view to making an unprecedented submission over Irish Cement’s EUR10m Mungret plans, which will see fossil fuels replaced by the burning of tyres. At this week’s metropolitan meeting, metropolitan district boss, Kieran Lehane, confirmed consultants had been appointed to “carry out an appraisal of the air quality, health and climate change elements of the applications and further submissions.” The consultants’ report is expected to be comp... |