CRH’s operations in Asia include strong market positions in cement markets in the Philippines, Northeast China and Southern India. These positions represent growth platforms which provide us with exposure to industrialisation, urbanisation and population related construction demand in Asia’s developing economies.
What we do:
CRH has established strategic footholds in regional cement markets in China and India over the past nine years. In 2015, the Group significantly expanded its Asian operations when it entered the cement market in the Philippines following its acquisition of Republic Cement, the number two producer in the market.
CRH Asia is focused on maximising performance and returns in our businesses, expanding our balanced portfolio of diverse products and geographies and conducting our businesses responsibly and sustainably. We are investing in, and developing our leadership positions across the region.
How we create value:
CRH Asia creates value by identifying and establishing select positions with strong long-term prospects in regional markets. Using our proven acquisition model, we are concentrating on building on the existing platform and on making businesses better; as has been demonstrated in India and China where capacity has increased more than threefold through both organic growth and the successful integration of new bolt-on acquisitions.
CRH Asia achieves benefits of scale and other synergies in areas such as health & safety, operational efficiency, commercial excellence, energy-efficiency and procurement.
How we are structured:
Country level operations across ten locations in the Philippines as well as functions in China and India report to CRH’s regional headquarters in Singapore. The Division employs approximately 1,400 people, with a further 8,250 in our equity accounted entities.