Cement News tagged under: Ireland

RSS feed

CRH revenue up 2% YoY in 1Q24

16 May 2024, Published under Cement News

CRH has reported total revenue of US$6.5bn in the opening quarter of 2024, ended 31 March. This marks a two per cent expansion compared to the same period a year earlier. Adjusted EBITDA over the 1Q24 came in at US$445m, up 15 per cent YoY, while the adjusted EBITDA margin advanced 80bps to 6.8 per cent. The gain in adjusted EBITDA was attributed to the continued delivery of the company’s integrated solutions strategy, strong commercial progress, ongoing costs control and further operation...

CRH announces new share buyback

10 May 2024, 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 29 February 2024 and 9 May 2024, 3.7m ordinary shares listed on the New York Stock Exchange were repurchased. This brings the total cash returned to shareholders under the ongoing share buyback programme to US$7.6bn since it began in May 2018. CRH has also announced that it has entered into an arrangement with HSBC Securities (USA) Inc to repurchase ordin...

Ecocem appoints new UK and Ireland MD

09 May 2024, Published under Cement News

Sally Anne Sherry is appointed Ecocem's new managing director for UK and Ireland business Ecocem has appointed Sally Anne Sherry as managing director for its UK and Ireland business operations. In this position, she will play a pivotal role in driving Ecocem’s growth and sustainability initiatives, and market presence in the UK and Ireland.   Ms Sherry brings almost two decades of experience in the property industry and expertise from several positions as a non-executive d...

CRH continues to invest in Ukraine

08 May 2024, Published under Cement News

CRH has invested a total of US$80m in Ukraine since the start of the Russia-Ukraine conflict, according to Guillaume Cavalier, president of CRH in Central and Eastern Europe. This brings the company’s investment in Ukraine over its 25-year history in the country to over US$500m, reports bne IntelliNews.  “Investing in the expansion of production now is crucial to ensure the potential growth of the Ukrainian cement market following its integration into the EU,” Cavalier remarked, highli...

Saint-Gobain signs Romanian energy deal

06 May 2024, Published under Cement News

Saint-Gobain has signed a five-year renewable electricity supply agreement (power purchase agreement or PPA) in Romania with energy supplier OMV PETROM SA. The contract covers the purchase of green electricity from wind and photovoltaic sources provided by OMV PETROM SA and will start in January 2026.  OMV PETROM SA will provide around 800GWh of green electricity for a period of five years. This contract, combined with a photovoltaic park currently in the final stage of development at ...

CRH completes lime divestment deal in UK

27 March 2024, Published under Cement News

In November 2023 CRH announced that its had reached an agreement to divest its lime operations in Europe to SigmaRoc for around US$1.1bn. The first phase of the deal was completed in January 2024, comprising the operations in Germany, Czech Republic and Ireland. CRH has now completed the second phase of the transaction, comprising its UK lime operations.  The final phase, concerning the assets in Poland, is due to complete later this year.  The deal includes 16 operating locations a...

Mannok’s greater fuel flexibility

04 March 2024, Published under Cement News

As a key step in the decarbonisation of its cement plant operations, Ireland-based Mannok Cement has installed a FUELFLEX® Pyrolyzer combustion system which enables the producer to burn up to 100 per cent alternative fuels in the calciner while reducing its NOx emissions. The next obvious step for Mannok was to upgrade its coal dosing system to reduce the amount of coal going into the preheater to an absolute minimum without sacrificing flexibility. By Peter Norek, FLSmidth, Denmark. ...

Eqiom to boost Lumbres capacity by 57%

29 February 2024, Published under Cement News

Eqiom , part of Ireland’s CRH group, has announced plans to increase the cement production capacity at its Lumbres plant in France from 0.7Mta to 1.1Mta by 2026, marking a 57 per cent expansion. The EUR300m investment will include the installation of a new kiln, which aims to lower the plant’s CO 2 emissions by 20 per cent, reduce its NO x emissions by 40 per cent, cut its SO 2 emissions by 80 per cent, and reduce the facility’s fuel consumption by around 35 per cent. 

ACT selected for The Buildings and Climate Global Farm event

28 February 2024, Published under Cement News

ACT, Ecocem' s groundbreaking low-carbon cement technology, has been selected to showcase at 'The Buildings and Climate Global Farm', that will build on the progress made at the recent United Nations Climate Change Conference (COP28). Ecocem’s ACT has already received a European Technical Assessment. This confirms ACT as a safe, high performance, scalable, low-carbon, and energy efficient alternative to traditional cement, claims Ecocem. It opens a route to full commercialisation for the t...

Ecocem's ACT technology obtains ETA

09 February 2024, Published under Cement News

Ecocem ’s ACT technology has obtained an ETA (European Technical Assessment) from EOTA (European Organisation for Technical Assessment) for a new eco-efficient cement. This independent assessment is a critical step towards CE marking and will enable the introduction of this new low-carbon cement throughout Europe.  "The ETA provides Ecocem with a route to full commercialisation for its ACT technology by 2026 and creates the opportunity for the cement and concrete industries to do the same,...