Global Cement News

Ireland: CRH’s revenue for the six months up to 30th June 2019 was Euro13.2bn, up 11% from Euro11.9bn over the same period in 2018, with a 36% increase in EBITDA to Euro1.54bn from Euro1.13bn in the first half of 2018.

In its interim results, CRH attributed increased cement volumes in the US to synergy delivery and strong price realisation in spite of adverse weather conditions in its key markets, noting ‘a strong contribution from our Ash Grove acquisition,’ obtained at the end of June 2018.

A general improvement in cement pricing in the EU28 saw operating profits ahead of the first half of 2018, with increased demand in the French market from non-residential and civil engineering sectors offsetting the effects of reduced residential demand. The UK market reversed this trend, with operating profit behind 2018 due to higher input costs and volume pressure.

In addition to operating profit improvements reported by subsidiary businesses in the Philippines, CRH group benefited from its share in profit after tax of China’s Yatai Building Materials and India’s My Home Industries Limited, both of which enjoyed improved operating profits compared to 2018.

Germany: Dyckerhoff has installed a solid recovered fuel processer at Germany’s largest capacity cement plant in Deuna, Thuringia. Lindner has stated that it installed the production line, consisting of four Lindner shredders and developed by B+T Group, during the overhaul phase without disruption to Deuna’s 2.4Mt/yr capacity output. B+T will provide a constant supply of mostly pre-sorted non-recyclable post-consumer packaging and rubber and textile waste. The fuel will feed Deuna’s rotary kilns with sustainably-sourced energy at a rate of 720t/day.

Canada: The federal carbon tax, set to increase to US$37.64/t in 2022 from C$15.06/t as of January 2019, may drive Canadian businesses abroad to polities with less stringent climate laws, most notably the US. The Fraser Institute, an independent, non-partisan public policy think-tank, has named cement and concrete product manufacturing amongst the 13 industries most heavily affected, with a forecasted rise in production costs of 2.69%.

US: The Environmental Protection Agency has recognised Cementos Argos’ South Carolina Harleyville Plant’s commitment to sustainable development in the United States with a second Energy Star. The award acknowledges energy efficiency and preservation of environmental resources 25% above that of comparable facilities across the US. The plant joins Argos’ consecutive Energy Star-holding plants at Newberry, Florida and Roberta, Alabama.

UAE: Three mill shells for iron ore processing have been constructed and successfully conveyed to Antwerp today by Hoffmeier. From there, they will embark for a productive life in the UAE.