News

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.

The Indian Achievers Award recognizes the outstanding merits of  Saurabh Palsania, the Group Commercial Head of Dalmia Cement Bharat Ltd, one of India’s most promising cement companies. Mr. Palsania has received the “Green Hero Award” for working effectively for use...

A long-awaited 2,4 km long bridge has opened that links southern coastal areas to the rest of the country. The cable-stayed bridge was built for €526 million with the support of the European Union (EU) which put up €357 million,...

According to Eurostat estimates, CO2 emissions grew in 2021 in almost all EU Member States, with the largest increase in Bulgaria (+18.0%), followed by Estonia (+13.1%), Slovakia (+11.4%) and Italy (+10.6 %). The only two countries with an estimated decrease...

● EU Investments in Holcim Carbon Capture Utilization and Storage projects in Germany and Poland ● Grants based on highly scalable technologies at the forefront of Europe’s decarbonization ● Accelerating Holcim’s net-zero roadmap with 2030 and 2050 targets validated by...

Holcim has acquired Teko Mining Serbia, one of the country’s largest independent aggregates companies with estimated 2022 net sales of over EUR 20 million. A highly profitable company with substantial reserves, Teko Mining sells 2.4 million tons of aggregates per...

Recently, Argos, the cement company of Grupo Argos, launched an innovative and highly specialized product called Super UHPC. This ultra-high performance concrete is already being used to rehabilitate two bridges over one of the most important roads in the state...

Leading player in the Romanian ready-mix concrete market with 2022 net sales (est.) of EUR 45m Expanding Holcim’s ready-mix concrete portfolio across Romania’s major urban centers Acquisition to help reach Holcim target of 25% of ready-mix sales from ECOPact, with...

32 technical experts from diverse climate change-related thematic areas, representing various developed and developing countries across Africa, the Americas, Asia, Europe and Oceania met in-person in Bonn for the technical analysis of developing countries’ biennial update reports (BURs) earlier in...

Leading sustainable building solutions company with 2022 net sales (est.) of EUR 80m Growth engine complements recent acquisitions of PRB, PTB and Izolbet Accelerates Holcim’s growth in Solutions & Products to reach 30% of Group net sales by 2025 Holcim...