Cement News tagged under: UK

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Breedon expands its UK operations

20 April 2018, Published under Cement News

This week Breedon Group Plc announced that it had entered into a conditional agreement to acquire Lagan Group (Holdings) Ltd for GBP455m. While the aim is to create a leading independent construction materials group in the UK and Ireland, this move will provide the group with a platform to establish further organic growth and bolt-on acquisitions. The acquisition is expected to give Breedon annual cost savings of approximately GBP5m by the third full year following completion. The acqui...

Quinn Industrial Holdings records positive 2017

12 April 2018, Published under Cement News

Quinn Industrial Holdings (QIH) has recorded a 7.4 per cent YoY increase in turnover to EUR209m for the full-year 2017 period. EBITDA saw a significant improvement of 31 per cent, from EUR18.2m to EUR23.9m. The positive results have been partly attributed to a strong performance from Quinn Building Products, which benefitted from the ongoing building recovery in the ROI and stronger exports to the UK via its new cement export hub at Warrenpoint, according to a press release. Liam McCa...

Cemex Go is launched in the UK

12 April 2018, Published under Cement News

Cemex UK has introduced the first fully-digital customer integration platform onto the UK construction and building market this week, which it claims will revolutionise the way in which the industry does business. Cemex Go uses the latest digital-industrial technology available through desktops and mobile devices to allow customers to place orders, track shipments, manage invoices and make payments for Cemex's building products including bagged and bulk cement, ready-mixed concrete and agg...

MPA challenges government for level playing field on energy pricing and biomass fuels

22 March 2018, Published under Cement News

The Mineral Products Association's (MPA) 2017 annual sustainable development report highlights that although domestic sales have steadily improved since 2012, UK manufacturers continue to face high regulatory policy costs with high energy prices and high electricity network and wholesale costs. The MPA states that these issues are largely a result of energy and climate change policies and considerable change in the energy system induced by government policy. A specific concern high...

Breedon Group reports earnings up 43% to GBP652m

07 March 2018, Published under Cement News

Breedon Group PLC reports revenues grew by 43 per cent to GBP652.4m (US$904.9m) in 2017 while underlying earnings before interest and tax (EBIT) increased by 35 per cent to GBP80.4m, including a full-year contribution from Hope Construction Materials Ltd. This equates to an underlying EBIT margin of 12.3 per cent and Breedon reports that it is making good progress towards its 2020 target of 15 per cent. Profit before tax rose by 52 per cent to GBP71.2m and underlying basic earnings p...

LafargeHolcim acquires Kendall Group

26 February 2018, Published under Cement News

LafargeHolcim has acquired UK-based aggregates and ready-mix concrete manufacturer Kendall Group to expand its operations in the south of England. Kendall will be managed by Aggregate Industries and complement the company’s existing operations in the UK, according to LafargeHolcim. Kendall generated a net revenue of CHF33m (US$35.2m) in 2017 and marks the first deal of the year for LafargeHolcim.

Dangote London IPO and Eurobond would need Board approval

19 February 2018, Published under Cement News

According to Bloomberg, Dangote Cement Plc is potentially reviving plans for an Initial Public Offering sale in London that could raise about US$1bn. The Nigerian company is said to have approached investment bankers to discuss a potential UK listing and issuing a debut Eurobond. ICR spoke to a Dangote spokesperson who said, "Such corporate actions as Bloomberg reports would require Board approval..." Currently, Dangote claims no such decision has been taken on either matter.

Andusia celebrates 1Mt RDF collection with golden bale

08 February 2018, Published under Cement News

Andusia Recovered Fuels Ltd is celebrating the collection of its 1 millionth tonne of RDF to be sent to Europe for recovery. The bale will be produced and collected from AWM in Leeds, UK, and then delivered to SWB in Bremen, Germany. To achieve this impressive milestone Andusia will be working with one of their reliable hauliers to collect and safely deliver the millionth bale, TrailerTrans. The year 2017 saw Andusia increase the team to deal with the growing business demand and recent...

MPA report highlights CO2 emissions fall for UK cement producers

02 February 2018, Published under Cement News

The Mineral Products Association (MPA) reports that carbon dioxide emissions per tonne of cement fell by two per cent between 2016-17 in the UK. However, for aggregates and asphalt production CO 2 emissions incresed in the country, while readymix concrete production saw a decline in emissions. The data collected forms part of the MPA's Sustainable Development Summary data which was recently launched. Commenting on the information, MPA Chief Executive, Nigel Jackson, said: "The MPA support...

N+P's new Teeside Subcoal® plant will come on-stream in 3Q18

23 January 2018, Published under Cement News

N+P is investing in a new Subcoal ® facility, which is being constructed in Teesside, UK. Once erected, this will be one of the most modern alternative fuel producing facilities in the world, according to the company. The input capacity of this new facility will be between 200-250,000tpa and will mainly consist of RDF streams with a high calorific value (CV). The output capacity is around 180-220,000t of high-quality alternative fuels, designated for both the domestic as well as the ...