European cement news

A bid from two German cement makers for Cemex Croatia is facing a European Commission veto on competition concerns.

LafargeHolcim and employee representatives have established a new European Works Council, bringing together company management with representatives from some 19 countries.

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.

According to Markit PMI the German construction sector is regaining strength.

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.

Elkon has provided a compact concrete mixing plant to a Polish company.