Cement News tagged under: Ireland

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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,...

Mannok's commitment to energy efficiency pays dividends

05 February 2024, Published under Cement News

Ireland’s Mannok Cement has revealed that since 2017 it has saved 59mkWh of energy at its cement manufacturing facility through a multi-million-euro investment in energy-saving projects, while adhering to and retaining the energy management standard, ISO 50001. The saving is equivalent to the annual electrical energy usage of 14,047 Irish households, each consuming 4200kWh of electricity. The company began its journey of improving energy efficiency in 2017 while preparing for ISO 50001...

CRH completes lime divestment

05 January 2024, Published under Cement News

On 22 November 2023, CRH plc announced that it had reached an agreement to divest its lime operations in Europe for a total consideration of around US$1.1bn. This company is pleased to announce that the first phase of the transaction, comprising the group’s lime operations in Germany, Czech Republic and Ireland, is now complete.

CRH proposal to acquire Adbri

18 December 2023, Published under Cement News

CRH has entered into an agreement to acquire Adbri Ltd . Under the proposal, CRH would partner with Australian family-owned business, Barro Group, which has an approximately 43 per cent share in Adbri. CRH currently has a 4.6 per cent interest in the company via a cash settled derivative and would acquire the remaining approximately 57 per cent of Adbri’s shares not owned by Barro with the intention to delist Adbri from the Australian Securities Exchange (ASX). CRH and Barro have submi...

CRH sells lime business to SigmaRoc

23 November 2023, Published under Cement News

CRH plc has agreed to divest its lime operations in Europe to SigmaRoc plc for a total consideration of approximately US$1.1bn. The lime business comprises 16 operating locations with leading market positions across Ireland, the UK, Germany, Czech Republic and Poland. The combined business generated sales of around US$610m and EBITDA of roughly US$137m in 2022. The transaction, which is subject to customary conditions and regulatory approvals, is structured in three phases, the first o...

Breedon posts 8% growth YoY in 10M23

22 November 2023, Published under Cement News

Breedon Group has reported eight per cent growth in revenue YoY in the first 10 months of 2023, driven by robust pricing and operational excellence, that more than offset the effect of moderating volumes. According to the company, changes to building regulations in the UK that came in in June, impacted ready-mixed concrete (RMC) volumes, while aggregate and asphalt volumes have continued to moderate. “However, pricing has been sustained and we have maintained tight control over our cos...

CRH reaches agreement on Martin Marietta acquisition

22 November 2023, Published under Cement News

CRH has reached an agreement to acquire a portfolio of cement and ready-mixed concrete (RMC) assets in Texas, USA, from Martin Marietta Materials for a total consideration of US$2.1bn. According to CRH, the combined portfolio of assets is expected to generate pro-forma 2023 EBITDA of approximately US$170m. The assets include the 2.1Mta Hunter cement plant located between San Antonio and Austin, a network of terminals along the eastern gulf coast of Texas, and a portfolio of 20 RMC pla...

CRH reports 8% sales growth in 9M23

21 November 2023, Published under Cement News

CRH has posted sales of US$26.3bn for the first nine months of 2023, up eight per cent on the same period a year earlier. EBITDA in the 9M23 has come in at US$4.8bn, marking a 14 per cent YoY advance, while the EBITDA margin has expanded by 100bps to 18.1 per cent. According to the company, the positive momentum seen in the first half of the year continued into the third quarter, underpinned by strong commercial progress and positive underlying demand across key end-use markets.  Sales ...