CRH revenue up 2% YoY in 1Q24
CRH has reported total revenue of US$6.5bn in the opening quarter of 2024, ended 31 March. This marks a two per cent expansion compared to the same period a year earlier. Adjust...
Western Europe
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Menzel opens new headquarters and motor plant
Motor and drive specialist Menzel Elektromotoren has celebrated the opening of its new headquarters near Berlin with a grand inauguration party. In honour of company founder Kur...
FLSmidth reports 55% increase in 1Q EBITA
FLSmidth posted a 1Q24 total revenue of DKK4839m, down 19.6 per cent YoY from DKK6016m. Total order intake was down 6.8 per cent YoY to DKK5248m from DKK5632m. However, EBITA in...
Italian cement expanding amid strong government spending
Italian cement output continues to expand, rising 10 per cent YoY in February 2024, according to the latest data from Italian concrete association, Federbeton. This follows a 14...
Holcim France steps up decarbonisation investments
Holcim is deploying an extra EUR60m to continue the decarbonisation of its industrial sites in France. These funds also come in addition to the EUR200m already invested over the...
Titan America to be listed in US equity market
Titan Cement International has announced its intention to proceed with the IPO of its US business ( Titan America ), with the aim of raising funds that will facilitate the group...
Cementir posts higher sales in 1Q24
Cementir cement and clinker sales volumes equal to 2.4Mt increased by 2.3 per cent in the 1Q24 compared to the same period of 2023 thanks to the increase recorded in Turkey, whi...
C-Capture partners with Heidelberg Materials on carbon capture trial
C-Capture, a UK-based developer of next generation technology for carbon dioxide removal, has launched a new carbon capture trial in partnership with Heidelberg Materials . The ...
CRH announces new share buyback
CRH plc has completed the latest phase of its share buyback programme, returning a further US$0.3bn of cash to shareholders. Between 29 February 2024 and 9 May 2024, 3.7m ordina...
Belite: effects of cooling rate Premium
Belite properties show that the mineral has significant benefits in terms of producing cements with a reduced carbon footprint. Arthur Harrisson takes a closer look at belite an...