Irish Cement plans to reduce carbon emissions
Irish Cement has stated that its plans to increase alternative fuels usage is not a move to develop a waste incinerator, according to The Irish Times. The company has been usin...
Crh
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CRH sees a 3% revenue increase in 3Q17
CRH has reported a three per cent increase in revenue for the third quarter of 2017. The group's EBITDA has also risen two per cent YoY for the 3Q. The company’s trading perfo...
Karsdorf Cement plant sale to be abandoned
Schwenk KG has abandoned its plans to acquire Opterra’s cement plant in Karsdorf, according to a press release by the Bundeskartellamt (Federal Cartel Office - FCO). The withdr...
CRH plans cash bid for PPC
Ireland’s CRH has registered its interest in submitting a cash bid for South African cement producer PPC as it takes on AfriSam and LafargeHolcim. While PPC did not disclose...
PPC
October has seen the saga over PPC’s future continue to dominate the headlines. Last month saw AfriSam submit a merger deal, backed by Toronto-based Fairfax Financial Holdings....
Ash Grove Cement gives stockholder approval for CRH merger
Ash Grove Cement Company has announced that its previous agreement for the merger with CRH plc, under which CRH plc will acquire Ash Grov Cement, has been approved by stockhold...
PPC is a new target for CRH
CRH is among companies considering a counterbid for PPC that could trump an offer by Canada’s Fairfax Financial Holdings, according to Bloomberg sources. PPC’s future has bee...
Thomas Gruppe to buy Gebr Seibel Zementwerke
Thomas Gruppe (revenues estimated at EUR300m) confirmed on Thursday 12 October 2017 that it was taking over Portland-Zementwerke Gebr Seibel GmbH & Co KG, in Germany, a family-...
Summit Materials revealed as US$3.8bn bidder for Ash Grove Cement
US cement maker Summit Materials has been revealed as the US$3.8bn bidder for Ash Grove Cement, according to a Reuters' source. The bid was submitted last week to trump an earl...
CRH back on the acquisition trail
Financial analysts have been predicting for some time that CRH was likely to hit the acquisition trail again to bolster its portfolio. The recent US focus to target Ash Grove ...