Cement News tagged under: Ireland

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CRH completes latest phase of buyback programme

20 September 2022, Published under Cement News

CRH plc has completed the latest phase of its share buyback programme, returning a further US$0.3bn of cash to shareholders. Between 16 June 2022 and 19 September 2022, 8.2m ordinary shares were repurchased on Euronext Dublin at an average discount of 0.93 per cent to the volume weighted average price over the period, according to the company. This brings the total cash returned to shareholders under its ongoing share buyback programme to US$3.8bn since it began in May 2018. CRH has als...

CRH welcomes John Lydon as director of group development

07 September 2022, Published under Cement News

CRH has appointed John Lydon as its new director of group development. Mr Lydon joins the building materials group from stockbroking firm Davy where he was head of capital markets. According to The Irish Times, while at Davy he was an influential adviser to some of the largest Irish corporate groups, including CRH, on mergers and acquisitions and capital raising. Prior to joining Davy in December 2014, Mr Lydon was a leading corporate finance executive with Deutsche Bank in Asia. He ...

ECOCEM launches Superfine

31 August 2022, Published under Cement News

Ecocem has launched Superfine, a low-carbon, super high-grade ground granulated blastfurnace slag (GGBS) for specialist applications onto the European market. Ecocem Superfine is a finer GGBS designed to be used as a specialist additive in binders, industrial mortars, UHPC and precast concrete. In addition to reducing carbon emissions, the use of Superfine can improve rheology, strength and durability of the concrete. Developed by grinding granulated blastfurnace slag (GBS) to a very...

CRH posts 14% YoY increase in sales in 1H22

25 August 2022, Published under Cement News

CRH has reported a 14 per cent YoY increase in sales to US$15bn in the first half of 2022. EBITDA over the same period has improved by 21 per cent to US$2.2bn, with the EBITDA margin gaining 90bps to 14.7 per cent. Earnings per share have advanced by 36 per cent to US$1.21. First-half profit after tax came in at US$0.9bn, up 29 per cent YoY “CRH has delivered another strong performance with further growth in sales, EBITDA and margin despite a challenging and volatile cost environment. T...

Andrew Keating leaves CRH

29 July 2022, Published under Cement News

Andrew Keating, previously director of group finance at CRH, has left the company. The former Bank of Ireland chief financial officer joined the building materials company three years ago, reporting to Jim Mintern. Mr Keating reportedly left CRH at the end of June this year to pursue other opportunities, reports The Irish Times. 

Mannok Cement joins the WCA as a corporate member

19 July 2022, Published under Cement News

The World Cement Association (WCA) has announced that Republic of Ireland’s Mannok Cement  ( Aventas group ) has joined the global network as a corporate member. Mannok has made a commitment to reducing its carbon emissions by 33 per cent by 2030 and achieving net zero emissions by 2050, with a focus on scope three emissions and responsible procurement, while ensuring full transparency on the carbon footprint of its products through voluntary disclosure. “We are especially pleased to ...

Ecocem questions UK Government's CO2 regulations for new homes and buildings

14 June 2022, Published under Cement News

Ecocem has questioned whether the new UK Government regulations (15 June 2022) for new homes and buildings in England to produce significantly less CO 2 go far enough? Ecocem advises that embodied carbon, meaning the CO 2 emissions released over the whole lifecycle of a building, should be adopted alongside carbon emissions for building materials. According to the World Green Building Council, buildings are responsible for 39 per cent of global carbon related emissions, with a significa...

Mannok Cement hosts research team from Denmark

28 March 2022, Published under Cement News

Mannok Cement has hosted a team of six senior student researchers from the Technical University of Denmark. The students are part of a project, which also includes FLSmidth and Rockwool, to make cement production more sustainable by reducing the use of fossil fuels as well as CO 2 and NO x emissions at the cement plant. Led by FLSmidth’s research and development specialist and project manager, Lars Skaarup Jensen, the students collected data and analysed their newly-developed technolog...

Ecocem: supporting Europe’s Green deal

14 March 2022, Published under Cement News

Since its foundation in 2003 Ecocem has been a driving force in establishing the use of low-carbon cement using slag as a key raw material. ICR spoke with its Managing Director, Conor O’Riain, about the company’s developments and its expectations going forward. Conor O’Riain, managing director of Ecocem, speaks with ICR about the company’s achievements to date and challenges ahead ICR: How has Ecocem evolved since its founding and where are its cement plants located today? ...

Ecocem joins Bill Gates in “Solving for Zero” documentary

10 March 2022, Published under Cement News

Europe’s leading provider of low-carbon solutions for the cement and construction industries, Ecocem, is joining leading scientists and innovators in Bill Gates’ new documentary series, “Solving for Zero”. The pilot documentary and 10-part series on streaming service Wondrium, based on Bill Gates’ best-selling book, “How to Avoid a Climate Disaster” will feature Ecocem, amongst a range of scientists, start-ups, and solutions at the environmental forefront of reaching net zero. The documen...