The consolidation of Italcementi following its takeover by HeidelbergCement proceeded faster that anticipated in 2016 with anticipated synergy savings now hitting €470 million.
Despite local protests, Limerick City and County Council has approved plants by Irish Cement to begin cofiring refuse-derived fuels at its Mungret cement pant in Limerick.
Cementir Holdings achieved sales growth of 7.9% in 2016 on the back of acquisitions in north Europe and Italy.
The world’s largest cement maker, LafargeHolcim, has announced a 12.9% rise in earnings in 2016, despite weaker volumes.
Vicat’s reported strong growth in cement sales on the back of a return to growth in its French and Egyptian businesses, and improvements in the US.
CRH has reported a jump in pre-tax profits in 2016 on positive market trends and the integration of past acquisitions into its results.
HeidelbergCement has appealed a decision by the European Commission to open an investigation into the purchase of Cemex Croatia by its subsidiary, Duna Dráva Cement.