Cement News tagged under: Ireland

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CRH records group sales of US$31bn in 2021

04 March 2022, Published under Cement News

2021 was a year of growth for CRH with positive underlying momentum in North America and Europe resulting in good demand in both regions. Group sales of US$31bn (2020: US$27.6bn) were 12 per cent ahead of 2020 and eight per cent ahead on a like-for-like(LfL) basis.  Albert Manifold, CRH CEO, said: " Our 2021 performance reflects the outstanding commitment and resilience of our people as well as the benefits of our integrated, customer-focused business strategy." Americas Materials b...

CRH prepares Ukraine business contingency plans

28 February 2022, Published under Cement News

Ireland-based CRH has prepared contingency plans to address the fallout of Russia’s invasion into Ukraine. The company is closely monitoring the situation in the country as it has the largest Ukrainian exposure of any Irish business. CRH entered Ukraine in 1999 through the acquisition of PJSC Podilsky Cement . In the 2011-2013 period, the company expanded its presence through the acquisition of JSC Mykolaiv Cement in Mykolaiv and Cement LLC in Odessa. In late 2021 CRH rebranded i...

WCA welcomes enterprise Ireland as an Affiliate Member

28 January 2022, Published under Cement News

The World Cement Association (WCA) has announced that it has further expanded its international network of members by welcoming Enterprise Ireland as an affiliate member.   Enterprise Ireland is the Irish government trade and innovation agency, responsible for the development and growth of Irish enterprises in world markets. It represents a cluster of over 450 Irish companies that supply products and services in to the international and domestic construction industries.  Supporti...

Ecocem appoints Olivier Guise as executive director of strategy, technology and new business

26 January 2022, Published under Cement News

Ecocem has announced the appointment of Olivier Guise as executive director of strategy, technology and new business. In this newly-create role, Mr Guise will develop and operate the company’s “ambition strategy” and accelerate progress in bringing its breakthrough low-carbon technology to the global cement and concrete market. He brings over 17 years of experience in the construction materials industry, having been general manager of cement and executive committee member at LafargeHolc...

CRH reports 1H sales up 15%

27 August 2021, Published under Cement News

CRH saw its sales for the first half of 2021 increase 15 per cent YoY (10 per cent on a like-for-like basis) to US$14bn. First-half trading benefitted from a positive underlying backdrop in North America and Europe, said the company in a statement. Like-for-likesales in its Americas Materials segment increased by three per cent compared to 1H20, driven by improved volumes of aggregates, cement and ready-mix concrete, with price progress across all lines of business. In the Europe Materials...

CRH continues share buyback programme

30 June 2021, Published under Cement News

CRH is continuing its share buyback programme by entering into an arrangement with Societe Generale, which will repurchase ordinary shares on the group’s behalf for a value up to US$300m. The buyback will begin today and is expected to complete by 1 October 2021. The programme is intended to reduce the share capital of CRH.

Ecocem Materials announces EUR22.5m equity investment

07 May 2021, Published under Cement News

Ireland’s Ecocem Materials has announced an EUR22.5m equity investment by Breakthrough Energy Ventures (BEV) and Breakthrough Energy Ventures Europe. BEV will also nominate a director to the company’s board. The investment will enable Ecocem to bring new ultra-low-carbon cements to the market over the coming years, which will draw on its deep knowledge of slag-based cements and incorporate new materials and technologies developed by the company, according to a press release. "Everyone at E...

CRH appoints new non-executive director to the Board

26 March 2021, Published under Cement News

CRH plc has appointed Ms Caroline Dowling to the Board as a non-executive director, with effect from 22 March 2021. Ms Dowling (54), an Irish citizen, was until her retirement in February 2018 a Business Group President of Flex, an industry-leading Fortune 500 company with operations in 30 countries.   Commenting on the appointment, Richie Boucher, chairman of CRH, said:  "We are delighted that Caroline has joined the Board. Caroline has extensive operational experience as a sen...

Breedon trading exceeds expectations

21 December 2020, Published under Cement News

Breedon, a leading construction materials group in Great Britain and Ireland, today issued an update on recent trading. The Group’s recent trading update, published on 18 November 2020, noted continuation of positive trading into the fourth quarter. Since then, the company said performance has continued to exceed expectations across the group, with revenues in November ahead of the prior year, on a like-for-like basis. "This strong trading performance has continued into December, in part...

CRH posts 2% rise in EBITDA for 9M20

25 November 2020, Published under Cement News

CRH has reported a three per cent like-for-like (LfL) decrease in its sales to US$20.6bn for the nine-month period to the end of September 2020, maintaining the level of sales decline reported at the half-year stage. Despite the lower sales, EBITDA for the period was US$3.4bn, up two per cent on a LfL basis. This reflected a continued focus on cost rationalisation and mitigating actions to minimise the financial impacts of lower sales caused by the pandemic. The group reported US$65m of non...