Syria: Abdul Qader Jokhadar, the Minister of Industry, has cited using Iran-based expertise in developing filtration system in cement plants to reduce emissions as an example of how the two countries can cooperate. Jokhadar met with Morteza Shahmirzaei, the director of the General Company for Petrochemical Industries and deputy to the Oil Minister of Iran, to discuss industrial development, according to the Syrian Arab News Agency. Other areas of collaboration include manufacturing electric batteries, agricultural machinery, tyres and optical cables.

Ireland: CRH has reported a ‘positive’ start to 2023, with first quarter sales and earnings before interest, tax, depreciation and amortisation (EBITDA) ahead of its own expectations.

In a trading update chief executive officer Albert Manifold said “We had a positive start to the year in a seasonally quiet trading period. While some adverse weather conditions were experienced in the first quarter, sales and EBITDA were ahead, underpinned by the continued execution of our integrated solutions strategy and further commercial progress across our markets.”

In its Americas Materials Solutions business unit, CRH’s sales were 10% ahead of the first quarter of 2022, driven by robust pricing which more than offset the impact of unfavourable weather on activity levels in certain markets during this seasonally less significant quarter.

In Europe, like-for-like sales were 6% ahead of the first quarter of 2022 due to strong pricing momentum across all products and regions. Activity levels were impacted by less favourable weather conditions compared to the same period in 2022. Unfavourable currency exchange effects resulted in total sales being 1% behind 2022.

Manifold added, “Looking ahead, despite some ongoing macroeconomic uncertainties and an inflationary cost environment, we expect first-half sales, EBITDA and margin to be ahead of the prior year period.”

UK: Aggregate Industries has launched the ECOPlanet product range. The products offer a reduction of at least 30% in the carbon footprint of cement, compared to CEM I ordinary Portland cement, by using second cementitious materials such as fly ash. The launch of the ECOPlanet range is part of the subsidiary of Holcim’s 2030 sustainability strategy, Building Progress for a Sustainable Future.

Dragan Maksimovic, the chief executive officer of Aggregate Industries, said “The launch of ECOPlanet expands on our existing low carbon products including ECOPact, the world’s broadest range of green concrete or Super-Low Carbon, the first asphalt using biogenic material within the bitumen. The product is driven by innovation and by our ambitions to build a net zero future, and we’re delighted once again to be pushing the boundaries of low carbon construction solutions.”

Mexico: The construction materials producer GCC reported double-digit growth in its first quarter results, driven by higher prices for its products in Mexico and the US. Its operating earnings before interest, tax, depreciation and amortisation (EBITDA) for the first three months of 2023 rose by 16% year-on-year compared to the same period in 2022 to reach US$63m, while revenues rose by 18% to US$243.9m.

"GCC delivered solid results in the first quarter," said Enrique Escalante, GCC’s chief executive officer. "High demand continues and we are leveraging all of GCC's resources to ensure we deliver the highest profits and strengthen our margins."

The growth in revenue was driven by higher ready-mixed concrete (RMC) sales volumes in the US, which were 27% higher than in 2022, and 11% higher cement and RMC volumes in Mexico. GCC also noted an increase in cement and RMC prices of 21% and 6%, respectively, in the US, while in Mexico the increases were 13% for cement and 11% for ready-mix.

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