Cement News tagged under: Ireland
Irish Cement granted permission for Limerick plans10 March 2017, Published under Cement NewsLimerick City and County Council has granted Irish Cement planning permission for an extension to its facility in Mungret. A spokesperson for the local authority stated permission for the development has been granted subject to 16 conditions, which were not fully disclosed. |
CRH 2016 gross profits up 69%01 March 2017, Published under Cement NewsCRH released its 2016 results with its gross profits at EUR1741m up by 69 per cent on its EUR1033m in 2015. Operating profits were also up EUR2027m, as against EUR1277 a year earlier. CRH announced that margins and revenues were ahead in all business divisions and sales of building materials amounted to EUR27.1bn, 15 per cent ahead of 2015. Meanwhile, EBITDA was up 41 per cent to EUR3.1bn, and EBITDA margin was 11.5 per cent up from 9.4 per cent in 2015. The group recorded cash inflow ... |
Irish Cement to reduce fossil fuel use, plans WHR project01 March 2017, Published under Cement NewsIrish Cement is currently preparing to replace fossil fuels at its Platin works in Co Meath, Ireland. The project started with a planning application to Meath County Council in November 2015, and will shortly be lodged with An Bord Pleanála for decision. At present, a series of public information briefing sessions is scheduled to take place between 2-4 March 2017. The application is for planning permission and for a review of the industrial emission licence in Platin to allow for ... |
Ireland: council to monitor Irish Cement Mungret emissions01 March 2017, Published under Cement NewsLimerick City and County Council is to set up a station to monitor the air quality near the Irish Cement plant in Mungret. The move comes ahead of a planned demonstration in opposition to the firm’s plans to use tyres and plastics at its site instead of fossil fuels to produce cement. Irish Cement stated that due to the fact that the burning will take place at such a high temperature (1500˚C) there will not be an increase in emissions into the air. The proposals, the firm added, will lead... |
Ireland: Quinn Cement open Warrenpoint export hub08 February 2017, Published under Cement NewsQuinn Cement has establised a new cement export hub in Warrenpoint Harbour in Co Down, Ireland, in a GBP2.5m (EUR2.9m) investment. With a capacity to move 7500t, the export facility will service Quinn Cement's base in Co Cavan. The hub will be operated over a 10-year period in conjunction with the Warrenpoint Harbour Authority. Final commissioning for the project was approved at the end of January. The investment will complement the GBP1.3m upgrade to the Quinn Cement import facility ... |
Ireland: EPA to weigh in on Limerick plans23 December 2016, Published under Cement NewsLimerick Council has engaged consultants with a view to making an unprecedented submission over Irish Cement’s EUR10m Mungret plans, which will see fossil fuels replaced by the burning of tyres. At this week’s metropolitan meeting, metropolitan district boss, Kieran Lehane, confirmed consultants had been appointed to “carry out an appraisal of the air quality, health and climate change elements of the applications and further submissions.” The consultants’ report is expected to be comp... |
Irish Cement AF proposal receives backlash10 November 2016, Published under Cement NewsWillie O’Dea, technical director or Fianna Fáil (Irish political party) has accused Irish Cement of “an illegitimate and wrongful attempt” to influence a planning decision after company bosses insinuated that it may not have a future in the region should its plans to switch to alternative fuels be blocked. Irish Cement’s EUR10m proposal will apparently secure the future of 80 jobs and see fossil fuels gradually phased out over ten years, to be replaced with the burning of tyres and waste ... |
Ireland: cement firms make windfall profits from ETS permits18 April 2016, Published under Cement NewsCRH, Lagan Cement and Quinn Cement have together made EUR128m (US$145m) through the sale of permits under the EU emissions trading scheme (ETS). On Sunday, the Irish Independent reported that the three firms were allocated credits on the basis of a prediction that demand would rise by 30 per cent between 2007 and 2012. The impact of the financial crisis instead caused demand to drop by over 60 per cent, allowing the companies to sell off their un-needed carbon credits. Donal O'Riain o... |
CRH boss Ireland’s best-paid CEO18 April 2016, Published under Cement NewsAlbert Manifold, chief executive of CRH, is Ireland's best-paid CEO, earning EUR5.53m a year (US$6.25m) according to a survey by the Sunday Independent. Mr Manifold earns over EUR1m more than the next best-remunerated boss, Kerry Group’s Stan McCarthy. CRH has expanded rapidly in recent years, taking on debt to purchase assets from LafargeHolcim as the latter shrank down its operations to satisfy regulators. CRH is now thought to be less keen on acquisitions as it works to integrate it... |
Ecocem to invest EUR5m in two UK terminals21 March 2016, Published under Cement NewsIreland-based Ecocem will open a new terminal at Runcorn, on the Manchester Ship Canal, to help the company import into the UK, and plans a second terminal later this year in the southeast of the country. The two terminals represent an investment of EUR5m. The closure of steel plants and coal-based power stations in the UK has led to a decreased supply in key raw materials for blended cements such as Ecocem’s ground granulated blast furnace slag (GGBS) cement and together with a fall in U... |