CRH sells lime business to SigmaRoc
CRH plc has agreed to divest its lime operations in Europe to SigmaRoc plc for a total consideration of approximately US$1.1bn. The lime business comprises 16 operating location...
North America
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Canada welcomes government CCUS commitment
The Cement Association of Canada (CAC) says it is pleased to support the measures and investments announced in the Federal Fall Economic Statement to advance the Carbon Capture ...
CRH reaches agreement on Martin Marietta acquisition
CRH has reached an agreement to acquire a portfolio of cement and ready-mixed concrete (RMC) assets in Texas, USA, from Martin Marietta Materials for a total consideration of US...
CRH reports 8% sales growth in 9M23
CRH has posted sales of US$26.3bn for the first nine months of 2023, up eight per cent on the same period a year earlier. EBITDA in the 9M23 has come in at US$4.8bn, marking a 1...
Holcim US rebrand reaches Atlanta
Holcim US has announced that the expansion of its rebrand has now touched down in Atlanta, Georgia, one of its major cement distribution markets. The transition will see the com...
Argos records EBITDA of COP742bn in the 3Q23
Argos reported that for the 3Q23 adjusted EBITDA stood at COP742bn (US$180.35m), increasing 25.4 per cent on a comparable basis versus 3Q22. The company's revenue in the 3Q23 sl...
Titan announces 14% sales rise in 9M23
Titan 's group sales in the 9M23 increased by 14 per cent to EUR1892m YtD driven by increased volumes in all its regions and by solid pricing levels. Group EBITDA reached EUR397...
Buzzi SpA announces consolidated 9M23 net sales of EUR3303m
Buzzi SpA announced that consolidated net sales in the 9M23 were equal to EUR3303m, up 9.9 per cent compared to EUR3004m in 9M22. Cement and concrete volumes fell -8.1 and -12 p...
US Portland and blended cement shipments slip in August
Total shipments of Portland and blended cement shipments (including imports) in the USA and Puerto Rico slipped slightly to 10.6Mt in August 2023 when compared with August 2022,...
US General Services Administration to spend US$2bn on low-carbon building materials
The US General Services Administration (GSA) plans to spend US$2bn from the Inflation Reduction Act (IRA) to purchase cement and other building materials with substantially lowe...