HeidelbergCement AG, the parent company of the Heidelberg Materials Group, held its 134th Annual General Meeting on May 11. After three years of being held in a purely virtual form, shareholders could attend the event in person again. Around 300...
- May 12, 2023
- 2 Min Read
Global net revenue totaled R$5.8 billion, an 18% increase compared to 1Q22. Adjusted EBITDA was R$779 million, an increase of 85% over the same period last year, with a positive impact on the EBITDA margin. Leverage, measured by the...
- May 12, 2023
- 6 Min Read
Cemex USA (“Cemex”) announced today it has finalized an acquisition that secures new long-term aggregates reserves, expanding its aggregates footprint and further strengthening the company’s position in aggregate constrained markets. Cemex recently closed on its purchase of the assets of...
- May 12, 2023
- 2 Min Read
Revenue increases by 13%1) to €4,896 million Strong improvement in result2) by €168 million to €258 million Sustainability activities further intensified: most ambitious climate targets in the sector validated by SBTi, additional carbon capture projects launched, and circular economy expanded Outlook upgraded:...
- May 10, 2023
- 5 Min Read
At the beginning of May 2023, Cemex reported a 9% growth in Sales and a 6% growth in EBITDA in the first quarter of 2023. The strong results are attributable to pricing, decelerating input cost inflation, and contributions from the...
- May 10, 2023
- 4 Min Read
After more than four years at the head of Votorantim Cimentos, a building materials and sustainable solutions company, Marcelo Castelli is leaving his position as global CEO to become a member of the Board of Directors. To succeed him, Votorantim...
- May 9, 2023
- 3 Min Read
Concrete Europe welcomes the Commission proposal for a regulation establishing the EU-wide voluntary framework that would certify high-quality carbon removals (CRCF). It will provide the necessary rules to asses which carbon removals will be eligible for certification. Concrete is a...
- May 8, 2023
- 3 Min Read
Leading producer of roofing and waterproofing solutions Highly regarded brand recognized for innovation, sustainability and quality Accelerates Holcim’s growth in Solutions & Products to reach 30% of Group net sales by 2025 Holcim acquires PASA®, a leading producer of roofing...
- May 3, 2023
- 2 Min Read
Having an “electronic nose” that smells fires before they start is a reality. The international technology patented for fire protection in cement factories helps cement manufacturing companies keep their operations teams and processes safe, while also making sure their costs...
- May 2, 2023
- 3 Min Read
Heidelberg Materials has entered into a definitive purchase agreement to acquire The SEFA Group, Inc., the largest recycler of harvested fly ash for use in concrete products in the USA The transaction underlines Heidelberg Materials’ industry-leading CO₂ reduction focus providing...
- April 25, 2023
- 3 Min Read
