Cement News tagged under: Ireland
CRH sues for return of files seized in competition inquiry16 November 2015, Published under Cement NewsIrish building materials major CRH has gone to the High Court to seek the return of documents seized by the Competition and Consumer Protection Commission (CCPC) in a "dawn raid" in May, The proceedings relate to a raid carried out on CRH subsidiary Irish Cement earlier this year as part of a competition inquiry. CRH has now lodged court proceedings seeking a declaration that certain sections of the files seized by the CCPC were not related to the Irish Cement investigation. A compa... |
USA: Ecocem plans face local opposition13 October 2015, Published under Cement NewsIrish manufacturer Ecocem’s plans for a EUR45m (US$50m) grinding works in California have met with opposition from locals concerned about the environmental impact of the plant. Ecocem has filed an application with the City of Vallejo to repurpose a former flour milling site to a US$30m grinding plant which would make it the group’s first venture in the US. Under subsidiary Orcem California, the facility will include silos and truck/rail loading facilities. The project also includes the Val... |
CRH plc announces change of role for Board member24 September 2015, Published under Cement NewsCRH plc announces that Mark Towe, currently president and chief executive of Oldcastle, will assume the new role of chairman, CRH Americas. He will work with the group chief executive to support performance and excellence programmes across the group. The appointment is effective from 1 January 2016. Mr Towe will continue as an executive director on the Board of CRH plc. |
CRH appoints Group Finance Director08 September 2015, Published under Cement NewsCRH announced yesterday the appointment of Senan Murphy as Group Finance Director with effect from 4 January 2016. Senan will succeed Maeve Carton who will become Group Transformation Director as previously announced. Both will be members of the Group Board. Senan (46), is a Chartered Accountant and holds a Bachelor of Commerce degree from University College Dublin. He has over 25 years’ experience in international business across financial services, banking and renewable energy. Senan wil... |
CRH's first-half driven by the Americas27 August 2015, Published under Cement NewsCRH's first half turnover advanced by 12.6 per cent to €9,370m and the EBITDA improved by 9.9 per cent to €555m. The trading profit increased by 11.2 per cent to €189m and after a net interest charge 8.6 per cent higher at €139m, the pre-tax profit increased by 3.3 per cent to €63m. The net attributable result improved by €1m to €46m. Net debt at the end of June was 67.3 per cent lower at €1212m, giving a gearing level of 9.7 per cent, which compares with 39.9 per cent a year earlier. ... |
Ireland: EPA to investigate Limerick dust emissions28 July 2015, Published under Cement NewsAs it cleared a blockage from its preheater, Irish Cement’s Limerick plant caused a dust emission that coated cars and houses. The dust release at around 4am on Saturday 25 July affected residents in a 3km-5km radius around the Castlemungret facility. The Environmental Protection Agency (EPA) said it was advised that a blockage occurred in a preheater tower and while removing the blockage, a “dust release occurred”. It added it would require a full investigation and assessment report int... |
Irish competition watchdog to go to High Court as part of cement industry investigation19 June 2015, Published under Cement NewsIreland’s Competition and Consumer Protection Commission (CCPC) will go to the High Court next month as part of its probe into alleged anti-competitive practices in the cement industry, according to a report in the Irish Times. The State’s competition watchdog last month seized thousands of documents when it raided the offices of CRH subsidiary Irish Cement. It also visited the offices of several other companies. The daily newspaper reported that the CCPC will ask the court next month to r... |
Quinn fined for 2014 breaching dust emissions26 May 2015, Published under Cement NewsQuinn Cement Ltd has been fined EUR2000 plus costs after the company pleaded guilty to having previously failed to control dust emissions from its plant in Ballyconnell, Ireland. Reports of at least three houses and cars in the nearby area being coated in a film of cement dust were made to the Environmental Protection Agency (EPA) after a filter bag failed at the plant between 5-8 Septembeer 2014. Cavan District court heard on 21 May how the plant was shut down, while the fault was found a... |
CRH confirms watchdog search at Platin works18 May 2015, Published under Cement NewsCRH has confirmed its Platin works in Ireland, owned by its subsidiary Irish Cement, has been searched by the Competition and Consumer Protection Commission. “Irish Cement fully facilitated the inspection and is continuing to co-operate with the Competition and Consumer Protection Commission. Inspections regarding competition policies, procedures and practices are an accepted part of the business environment around the world. “Irish Cement operates to the highest business standards across ... |
CRH: good advance in North America06 May 2015, Published under Cement NewsCRH's underlying sales in the first four months declined by around two per cent in Europe and increased by about eight per cent in the Americas during the first four months of the year. Some EUR45m was spent on acquisitions and investment during the first four months, while EUR540m was raised from divestments during the period. The group EBITDA in the first half expected to be around 10 per cent ahead of last year. Europe Heavy building materials volumes in Ireland continued to recover a... |