Cement News tagged under: Ireland
Ecocem pretax profit declines 38%22 November 2018, Published under Cement NewsSlag 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... |
CRH completes Phase 2 of share buy-back22 October 2018, Published under Cement NewsCRH has completed the second phase of its share buy-back programme, returning a further EUR350m of cash to its shareholders. Between 29 August and 18 October, 12.5m ordinary shares were repurchased on the London Stock Exchange and Euronext Dublin at an average discount of 1.3 per cent to the volume weighted average price over the period. This brings total cash returned to shareholders under the ongoing EUR1bn share buy-back programme to around EUR700m. "The remaining portion of our buy... |
Chryso acquires Chemtec Admixtures in Ireland04 October 2018, Published under Cement NewsChryso has announced that it has expanded its admixture business in Ireland with the acquisition of Chemtec Admixtures Ltd, which will provide a unique offering on the growing construction market in the country, according to a press release. Chemtec Admixtures has operated as the exclusive distributor of the company for over 13 years in Ireland, providing admixtures for concrete, demoulding oils and waterproofing agents, mainly to precast manufacturers. "The acquisition of Chemtec Admixtur... |
Quinn Cement launches product range in Ireland07 September 2018, Published under Cement NewsQuinn Cement has launched a new range of bagged cement in Ireland following its success in Britain. The range represents an investment of EUR3m and includes three new cement products. Upon release in Britain, the products resulted in a significant increase in bagged cement sales. "We’re delighted to bring the new range to Ireland, particularly given the success we’ve witnessed in the British market where bagged cement sales have seen a huge increase since the range was launched earlier thi... |
Lafarge Cooktown plant celebrates 50 years of production30 August 2018, Published under Cement NewsLafarge Cement Ireland is celebrating 50 years of clinker and cement manufacturing at its Cookstown Plant. Launched in 1968, the plant is now responsible for producing a substantial volume of cement each year, employing almost 100 staff both in Cookstown and at the business’ cement terminal in Belfast. In 2015, the Lafarge Cement business was acquired by Aggregate Industries as part of the global merger between Lafarge and Holcim. The transition meant that, for the first time, Aggregate... |
CRH announces completion of Ash Grove acquisition21 June 2018, Published under Cement NewsCHR has now completed the acquisition of Ash Grove Cement Co. The Irish building materials producer announced on 21 September 2017 it reached an agreement to acquire the Kansas-based cement company for US$3.5bn. The US Federal Trade Commission issued its consent order for the deal on 15 June 2018. |
Super-objection could prevent Mungret tyre burning plans29 May 2018, Published under Cement NewsMetropolitan councillors have approved plans for a joint submission against Irish Cement's Mungret plans to the Environmental Protection Agency (EPA). Irish Cement, which wants to burn used tyres at its plant in Mungret, has cleared all but the final hurdle to establish the EUR10m (US$11.6m) project. However, a group of local residents and councillors now hope to join with Clare County Council to provide a 'super-objection' to the proposals, which have already prompted over 2000 peopl... |
Quinn Cement releases new bagged cement range30 April 2018, Published under Cement NewsQuinn Cement has launched a new range of bagged cement products following an investment of over EUR3m.The range includes three new cement products: Master Grade Cement, Premium Grade Cement and General Purpose Cement. Quinn Cement factory has installed a new bagging line for the weatherproof plastic bags. The new packaging is ideal for merchants' and builders' yards. Premium Grade Cement offers superior strength at 42.5N. Premium Grade is likely to be a popular choice for screeders and tra... |
CRH 1Q18 underlying sales slip 2%26 April 2018, Published under Cement NewsA GBP16.5m (EUR19m) deal was concluded with CRH in the early part of 2018, whereby Breedon acquired four quarries and an asphalt plant in Britain in exchange for 27 ready-mixed batching plants and GBP4.9m (EUR5.6m) in cash. CRH's underlying sales in the 1Q18 declined by around two per cent, with European turnover also being off by two per cent. The Americas turnover slipped three per cent while in The Philippines there was a five per cent decline. Group EBITDA in 1H18 are expected to be s... |
Irish Cement receives approval to replace fossil fuels16 April 2018, Published under Cement NewsIrish Cement has received permission from An Bord Pleanála to replace fossil fuels at its facilities in Mungret, Limerick, and Platin, Co Meath. The Mungret decision has been criticised by Limerick Against Pollution (LAP), according to The Irish Times. The environmental group has been critical of the plant’s environmental record and the proposal to burn used tyres. However, the EUR10m project received permission from the Limerick City and County Council to proceed. An Bord Pleanála no... |