Cement News tagged under: CRH

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CRH seeks dismissal of competition claims case

15 February 2012, Published under Cement News

CRH and Readymix asked the High Court yesterday to dismiss a claim against them for damages for breaches of competition law on the grounds that the plaintiffs have delayed too long before bringing their case. Three related companies, Framus, Amantiss and Wilbury, are taking a case against CRH and its subsidiaries, Readymix and Kilsaran, alleging that they broke a number of competition law provisions that forced the plaintiffs out of business. The plaintiffs claim that CRH, Readymix and Kil...

Podilskyi Tsement reports 2011 net loss, Ukraine

30 January 2012, Published under Cement News

Ukrainian producer, Podilskyi Tsement, has reported loss of UAH9.67m (US$0.9m) for 2011 but the domestic construction sector is showing signs of a reversal in fortunes. The company which has a cement capacity of 3.7Mt and is part of the CRH Group, reported a net profit of UAH16.599m in 2010  having trimmed net revenues by 13.68% compared to 2009. After witnessing a downward trend between 2008-10, construction output in Ukraine started to grow in 2011, largely due to the advancement of...