Cement News tagged under: CRH
CRH appoints new non-executive director to the Board26 March 2021, Published under Cement NewsCRH plc has appointed Ms Caroline Dowling to the Board as a non-executive director, with effect from 22 March 2021. Ms Dowling (54), an Irish citizen, was until her retirement in February 2018 a Business Group President of Flex, an industry-leading Fortune 500 company with operations in 30 countries. Commenting on the appointment, Richie Boucher, chairman of CRH, said: "We are delighted that Caroline has joined the Board. Caroline has extensive operational experience as a sen... |
CRH Magyarország Kft receives Domestic Product certification in Hungary03 February 2021, Published under Cement NewsCRH Magyarország Kft's concrete products have won Domestic Product certification in Hungary. The Domestic Product trademark is well-known and recognised among Hungarian consumers. Locally-manufactured products with at least 50 per cent Hungarian raw materials can apply for Domestic Product certification, which in addition to Hungarian origin, also represents reliable quality. CRH Magyarország, besides being a member of the international CRH Group, represents a significant local force in... |
Tarmac signs SRF agreement with Eco-Power Environmental22 January 2021, Published under Cement NewsEco-Power Environmental has agreed a deal to provide solid recovered fuel (SRF) pellets to Tarmac's Tunstead cement kiln in Derbyshire, UK. Eco-Power Environmental has become the first fully-operational, commercial-scale SRF pellet production facility in the UK, following a GBP15M investment in its 125,000tpa facility in Humberside. SRF pellets are manufactured using the non-recyclable residues from dry mixed recycling (DMR) facilities and provide a highly sustainable and cost-effective a... |
CRH posts 2% rise in EBITDA for 9M2025 November 2020, Published under Cement NewsCRH has reported a three per cent like-for-like (LfL) decrease in its sales to US$20.6bn for the nine-month period to the end of September 2020, maintaining the level of sales decline reported at the half-year stage. Despite the lower sales, EBITDA for the period was US$3.4bn, up two per cent on a LfL basis. This reflected a continued focus on cost rationalisation and mitigating actions to minimise the financial impacts of lower sales caused by the pandemic. The group reported US$65m of non... |
CRH pays tribute to former CEO19 November 2020, Published under Cement NewsCRH has paid tribute to Jim Culliton, a former CEO of the company, who passed away on Monday. Mr Culliton was a significant figure within several important Irish companies during the second half of the twentieth century, including spending 13 years as CEO of CRH. He joined what was then known as Roadstone in 1950 and eventually led the merged Cement Roadstone Holdings (CRH) to a dominant position in the Irish market, also starting the international expansion that made the company a multin... |
BCPAR joint venture buys CRH's Brazilian assets27 October 2020, Published under Cement NewsCompanhia Nacional de Cimento (CNC), a wholly-owned subsidiary of BCPAR SA, company in which Buzzi Unicem holds 50 per cent of the share capital in a joint venture with Grupo Ricardo Brennand, has signed a purchase agreement for the businesses of the CRH group operating in Brazil. The CRH companies operating in Brazil own three integrated cement plants and two grinding units in the southeast. The acquisition will result in a significant strengthening of BCPAR, which also operates i... |
Germany: leading the recovery05 October 2020, Published under Cement NewsThe German cement sector has fared better than most during the pandemic. Cement demand is forecast to remain stable this year, with a more cautious outlook for 2021. Meanwhile, producers are embracing the latest technology for a leaner, greener manufacturing base. HeidelbergCement’s plant at Burglengenfeld, Germany, was modernised in 2017-18 with a new kiln, baghouse and SNCR system Germany’s economic growth slowed to 0.6 per cent in 2019 from 1.5 per cent the previous year,... |
CRH's Group Finance Director to retire01 October 2020, Published under Cement NewsSenan Murphy intends to retire from his position as CRH's Group Finance Director during the course of 2021. The board is initiating a process to identify a successor and will make an announcement once the process is completed. Senan will continue in his role until a successor is identified and to ensure a smooth transition. He will remain as an adviser to the company post transition. Group Chief Executive, Albert Manifold said: "As Group Finance Director, Senan's experience and insights... |
Ash Grove to modernise Port Manatee terminal with new ship unloader24 September 2020, Published under Cement NewsCRH-owned Ash Grove Cement (formerly Suwannee American Cement) is undertaking a major transformation project at its Port Manatee deepwater import terminal in Florida. The project will improve Ash Grove’s capacity to import cement, cement slag and flyash to meet the existing and future needs of customers in the Florida and south Georgia markets. The upgrade project includes the addition of a high-capacity FLSmidth/Kovako ship unloader at the terminal, together with the upgrade of existi... |
CRH revenues expected to recover in 3Q2028 August 2020, Published under Cement NewsFollowing the release of CRH's 2020 interim results last Friday, ICR now takes a deeper look at what the underlying trends have been for the company's trading performance during this challenging period. First-half sales for the group were five per cent behind, with like-for-like (LfL) sales three per cent behind the 1H20, as a positive performance in the first quarter was followed by significant disruption in the second quarter. EBITDA of US$1.59bn down when compared with 2019 (1H19: US$1.6... |