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Despite the slowdown in the world economy, Votorantim Cimentos continues to operate within solid financial metrics and with high liquidity, maintaining its investment grade status with a stable outlook attributed by the credit rating agencies Moody’s and Fitch. The company’s leverage remained at stable levels and in line with our financial policy. In May, we carried out a transaction in the international market that repurchased the most expensive debt in our portfolio, taking advantage of attractive market rates. And we used funds from debt issuances in the local market with more attractive rates to finance our operation,” said Bianca Nasser, Global CFO of Votorantim Cimentos.

We are inviting you to celebrate our 5 year anniversary! Starting August we will have 5 months of perks for our newsletter subscribers and social media followers! Discounts, free access to our online events and conferences, 2- for-one paid registration,...

Holcim’s rating has been upgraded by Moody’s to Baa1 outlook stable on 1 June 2022. This follows Standard & Poor’s increase in Holcim’s rating to BBB+ outlook stable on 25 March 2022. In its announcement, Moody’s stated that its rating...

Join us at the upcoming CarbonZero: Alternative Fuels and Raw Materials Global Conference and Exhibition, to be held on November 10 and 11 in Lisbon, Portugal at the luxurious Pestana Palace Hotel & National Monument! The international event will gather...

HeidelbergCement and its Swedish subsidiary Cementa present positive results of a pre-feasibility study for the Slite CCS (carbon capture and storage) project The installation at the Slite cement plant on the Swedish island of Gotland will be scaled to capture...

HeidelbergCement has concluded a new syndicated credit line – for the first time taking into account sustainability objectives in accordance with the Sustainability-Linked Loan Principles (SLLP) of the Loan Market Association. The credit line has a term of five years...

Most ambitious CO2 reduction target in the sector – emissions to be reduced by almost half to 400kg CO2/t CEM compared with 1990, this means a further decrease of 30% compared to 2021 Strong focus on sustainable products and solutions...

Acquisition of Cajun Ready Mix Concrete includes eight plants Footprint strengthened in dynamic Baton Rouge, Louisiana region Cajun is a recognized leader in innovation, service and quality  Holcim acquired Cajun Ready Mix Concrete, the largest in its sector in the...

The joint venture partners will construct one of the first industrial-scale flash calciners worldwide to produce calcined clay cement with reduced clinker content CO2 emissions from clay calcination are significantly below emissions from clinker production, thus substantially lowering the CO2...

HeidelbergCement has joined the First Movers Coalition (FMC), a public-private partnership between the US State Department, the World Economic Forum and forward-thinking companies from different industry sectors. The First Movers Coalition has been created in 2021 as a platform for...