JPM | Building Broadcast: CRH, HOLN, VTY JPMC Construction Daily

Research evidence excerpt

JPM | Building Broadcast: CRH, HOLN, VTY JPMC Construction Daily

J P M O R G A N Europe Equity Research

18 May 2026

JPM | Building Broadcast: CRH,

HOLN, VTY

JPMC Construction Daily

Building Materials European Building & Construction

and Infrastructure

• CRH: Eco Material Technologies opens new pilot plant. Global Cement Elodie Rall AC

reports (link) that Eco Material Technologies, a CRH company, officially (44-20) 7134-5911

elodie.rall@jpmorgan.com

opened its new pilot processing centre and the expansion of its testing J.P. Morgan Securities plc

laboratory at its Materials Testing and Research Facility (MTRF) in

Zaim Beekawa

Taylorsville, Georgia, on 14 May 2026. The supplementary cementitious (44-20) 7134-4175

material (SCM) producer and supplier said that the 1500m2 facility, which zaim.beekawa@jpmorgan.com

includes a ball mill, classifier, rotary dryer and ES ECOsystem carbon J.P. Morgan Securities plc

offloading system, enables end-to-end evaluation - from beneficiation through Jamie Smallbone

performance testing - allowing it to rapidly and accurately assess composition (44-20) 3493-7015

and reactivity to strengthen development and durability. jamie.smallbone@jpmorgan.com

J.P. Morgan Securities plc

• Lafarge Africa renamed HBM Nigeria. Global Cement reports (link) that Manshi Sinha

Lafarge Africa’s shareholders have approved a plan to rename the cement (91-22) 6157 5111

maker HBM Nigeria Plc, marking the formal shift to its new Chinese majority manshi.sinha@jpmchase.com

owner Huaxin Building Materials (HBM). The decision was approved at the J.P. Morgan India Private Limited

company's annual general meeting on 30 April 2026. The board was authorised

to amend the company's articles and take the steps needed to complete the name

change.