The energy security concept has been evolving significantly over the past year and a half, leading to dramatic market dynamics. As energy-intensive industries have been directly and seriously impacted by the energy price crisis, a thorough understanding of the energy...
- September 18, 2023
- 4 Min Read
Heidelberg Materials completed the divestment of its business in Gambia with the sale of its cement terminal in the Gambian capital Banjul to B5 Plus. Both parties have agreed not to disclose the financial terms of the transaction. The divestment...
- August 22, 2023
- 2 Min Read
Heidelberg Materials North America has entered into a definitive purchase agreement to acquire the aggregates business of Green Drop Rock Products Assets include a high-capacity plant that is well positioned to supply the Calgary market This acquisition strengthens the company’s...
- August 21, 2023
- 2 Min Read
Cemex has updated its Sustainability-Linked Financing Framework to align with its more ambitious 2030 decarbonization targets, announced on November 2022 and validated by the Science-Based Targets initiative (SBTi) for alignment under their 1.5°C scenario, the most ambitious pathway defined for...
- August 16, 2023
- 2 Min Read
Global net revenue was R$6.9 billion, a 3% increase compared to 2Q22. Adjusted EBITDA totaled R$1.6 billion, up 17% over the same period in 2022. EBITDA margin was 23%, 3 percentage points higher than 2Q22. At the end of...
- August 11, 2023
- 6 Min Read
Cemex’s circular waste management business, Regenera, and DP World, a global leader in supply chain solutions, have signed an agreement for circular waste management solutions in the Dominican Republic. Per the agreement, Regenera will convert used tires from DP World...
- August 9, 2023
- 3 Min Read
● +7.4% organic net sales growth in H1 2023 +13.4% organic recurring EBIT growth ● Record Q2 recurring EBIT margin of 21.1% (+2.2 pp) ● Record EPS in H1 of CHF 2.19 (+15%) ● Reduction of CO2 per net sales...
- July 28, 2023
- 12 Min Read
Revenue increases by 8.5%1) to €10,473 million Improvement in result2) of 37.5%1) to €1,189 million CO₂ emissions reduced by a further 2.4%, EU Innovation Fund supports pioneering CCS project in German Third tranche of share buyback programme of up to €300 million starts...
- July 28, 2023
- 4 Min Read
The resources will be invested in a co-processing project at the Salto de Pirapora cement plant aimed primarily at increasing the site’s thermal substitution rate and reducing its CO2 emissions. On Thursday, July 20, Votorantim Cimentos, a building materials and...
- July 21, 2023
- 4 Min Read
Using waste derived fuels in major energy consuming industries is essential to bring down the CO2 emissions, and advancing toward circularity means including fossil fuel replacements into any industrial process going forward. Dutch based N+P Group, a pioneer in the...
- July 19, 2023
- 2 Min Read
