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FCT Combustion reports recent global orders

FCT Combustion has won several burner orders throughout Europe and in Brazil for the cement sector, which are currently under commissioning or have recently been installed. An FCT Combustion Tu...
News - 02 April 2020

Cevian builds CRH stake

Swedish activist fund Cevian has bought further shares in CRH in less than a fortnight. The fund now holds a 3.145 per cent stake in the Ireland-based building materials producer. Cevian first p...
News - 30 March 2020

Cement industry and the COVID-19 crisis

This week has seen growing action and concern from the construction and cement sectors on how best to fight off the coronavirus (COVID-19), which was declared a pandemic on 11 March, to keep busin...
News - 20 March 2020

Cevian Capital increases stake in CRH

Cevian Capital, Europe’s largest activist investor, has increased its stake in CRH to above three per cent for the first time. "As a long-term investor, we are pleased to be able to increase ou...
News - 20 March 2020

CRH EBITDA up 25% in 2019

CRH plc posted a six per cent advance, or three per cent like-for-like (LfL), in sales to EUR28.3bn in 2019 when compared with 2018. The company’s EBITDA increased 25 per cent (+3 per cent LfL) Yo...
News - 03 March 2020

State of the industry

World cement markets contracted in 2017-18 but picked up last year, according to The Global Cement Report™, 13th Edition. New capacity is seen pushing worldwide utilisation rates down, while cemen...
Articles - 06 February 2020

Who will pay the price of industry decarbonisation?

This week, equity research house Redburn released a report assessing the cost of decarbonisation in the cement industry. It concluded that the full cost of decarbonisation would cause cement price...
News - 31 January 2020

Baudouin Nizet appointed head of McInnis

The Board of McInnis Cement has appointed Baudouin Nizet as president and CEO of McInnis Cement, succeeding Jean Moreau, who held the post in an interim capacity since 2018. Mr Nizet was senior ...
News - 21 January 2020

Breedon - growing into a giant

This week Breedon Group Plc announced it is on track to acquire a large part of Cemex UK's operations for GBP178m (US$232.5m), continuing the company's rapid transformation into a heavy weight of ...
News - 10 January 2020

CRH seeking buyers for its Brazilian business

CRH, Ireland, is selling its cement business in Brazil, which it acquired in 2015 as part of a portfolio of assets bought from Lafarge and Holcim during their merger, according to reports in Valor...
News - 30 December 2019