Cement News tagged under: Ecocem Materials

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Ecocem proposal at Port of Los Angeles takes next step

16 October 2023, Published under Cement News

The Port of Los Angeles has issued a Draft Environmental Impact Report (DEIR) for a proposed low-carbon cement processing facility at the port in Wilmington. According to Random Lengths News, Ecocem Materials Ltd , through its subsidiary Orcem California Inc, plans to construct a new processing facility at the port for the production of a low-carbon binder. The facility would import raw materials by ship, process them to manufacture the binder, then ship the product to customers via truc...

Ecocem pretax profit declines 38%

22 November 2018, Published under Cement News

Slag cement producer Ecocem Materials Ltd reported a rise in turnover of 9.4 per cent in 2017 to EUR79.4m (US$90.5m) from EUR72.6m in the previous year. Pretax profit decreased by 37.5 per cent to EUR2.5m last year from EUR4m in 2016. Costs increased by nearly 12 per cent YoY to EUR76.5m from EUR68.6m while the company paid EUR335,000 in interest, a sharp rise when compared with EUR147,821m paid the previous year. Earlier this year the company opened a new plant in Dunkerque , northwest...

Financier acquires 11% stake in Ecocem

05 June 2017, Published under Cement News

Financier Dermot Desmond is reported to have acquired a stake in Ecocem Materials, the low-carbon cement producer founded by Irishman Donal O’Riain and backed by Saint-Gobain. Ecocem holds a 70 per cent stake in a EUR30m 2Mta plant venture with ArcelorMittal and has three cement plants at Ringsend (Ireland), Moerdijk (The Netherlands) and Fos-sur-Mer (France) Via his private equity company, IIU, Mr Desmond is believed to be acquiring as much as 11 per cent of shares, possibly from the Durk...