Cement News tagged under: Ireland
CRH revenue up 12% YoY in 202203 March 2023, Published under Cement NewsCRH plc has reported a 12 per cent YoY increase in sales in 2022 to US$32.7bn. EBITDA over the same period advanced by 13 per cent to US$5.6bn, while the EBITDA margin is up 10bps to 17.2 per cent. Earnings per share (EPS) in 2022 improved by 14 per cent YoY at US$3.50. Commenting on the results, Albert Manifold, chief executive of CRH, said: “Our 2022 performance reflects the outstanding commitment of our people, the underlying strength and resilience of our business and the continued... |
Ecocem welcomes Irish Climate Plan 202319 January 2023, Published under Cement NewsEcocem has welcomed the Government of Ireland’s mandate that public bodies must specify low carbon construction methods and low carbon cement materials for procured and supported construction projects from 2023. The mandate forms part of the government’s recently-released Climate Action Plan 2023 (CAP23). According to Ecocem, to successfully reduce the emissions of the cement industry within the 2030 timeframe and in a commercially viable manner, the amount of clinker produced per tonn... |
CRH announces new venture capital unit16 December 2022, Published under Cement NewsCRH plc has launched CRH Ventures, its venture capital unit, which will support the development of new technologies and innovative solutions to meet the increasingly complex needs of customers and evolving trends in construction. With access to a US$250m venturing and innovation fund to invest, CRH Ventures will partner with construction and climate technology companies, operating across the construction value chain. The new venture capital unit will focus on cutting-edge technologies ... |
Ecocem launches breakthrough technology ACT29 November 2022, Published under Cement NewsEcocem is launching ACT, a breakthrough cement technology, which combines a range of technical innovations with the use of widely available low-carbon materials to decarbonise the production of cement by as much as 70 per cent, while enhancing the strength and durability of the concrete it is used to manufacture. ACT is fully scalable and can be deployed globally. It can be produced within existing cement plants without significant investment or modifications and can be deployed rapidly an... |
Quarterly results propped up by steep price increases25 November 2022, Published under Cement NewsThe latest quarterly results reveal that cement producers are increasingly turning to price rises to offset the ongoing jump in energy costs, while they struggle to maintain margins. In addition to price increases, companies are reviewing their energy portfolios, fuel types and accelerating the shift to alternative fuels. In Indonesia PT Indocement saw its energy costs reach 50 per cent of total production cost in the third quarter of 2022, prompting the company to implement three price... |
Ecocem appoints european standards manager23 November 2022, Published under Cement NewsEcocem has appointed Christian Clergue as its new european standards manager. A sustainable concrete and cement expert, Mr Clergue brings with him 33 years of experience in cement and concrete materials, including low-carbon concrete, but in particular the regulations, standards and norms that govern the industry. He began his career at Vicat Group as deputy director of Sigma Béton, before moving on to the position of director of the group’s Satma Cepeca prefabrications. A few years lat... |
CRH sees sales advance 13% YoY in 9M2222 November 2022, Published under Cement NewsIn the opening nine months of 2022, CRH plc has seen its sales advance by 13 per cent YoY to US$24.4bn. Over the same period, EBITDA has improved by 14 per cent to US$4.2bn, while the EBITDA margin is up 10bps to 17.1 per cent. According to the company, the positive momentum experienced in the first half of the year continued into the third quarter, driven by resilient demand, strong pricing and continued delivery from its integrated solutions strategy. Third quarter sales in Americas M... |
Mannock receives Volvo tipper trucks11 November 2022, Published under Cement NewsMannok ’s Fleet Replenishment Programme has reached another milestone with the delivery of three new, custom-built 58t mountain tipper trucks, which will increase productivity and efficiency of the mountain truck fleet. The Replenishment Programme aims to upgrade and replace older fleet vehicles, and this latest phase brings the total number of new road-going and mountain truck fleet to 135 since the multi-million-pound programme of investment began in 2015. Mannok worked with... |
Ecocem joins new European Cleantech Scale-up Coalition28 October 2022, Published under Cement NewsEcocem has joined seven other leading European cleantech companies on 24 October to announce the formation of a new Cleantech Scale-up Coalition to support Europe in becoming climate neutral, energy autonomous and industrially competitive. The coalition is supported by Breakthrough Energy, founded by Bill Gates, and European Commissioner for Energy, Kadri Simson. “Europe is facing an energy crisis and the threat of climate change. The solution must be a clean energy transition. We need ... |
Shell and CRH sign decarbonisation agreement07 October 2022, Published under Cement NewsShell and CRH have signed a memorandum of understanding (MOU) whereby both businesses will work together to develop and deploy decarbonisation solutions and technologies to accelerate their progress towards net zero emissions. The agreement will see Shell and CRH work together to explore decarbonisation opportunities across transport, operations, and materials. The solutions include, but are not limited to, vehicle electrification and charging infrastructure to reduce transport emiss... |