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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 action “reflects Holcim’s solid operating performance in 2021 that continued in the first quarter 2022.”...
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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 with two one-year extension options. This replaces the existing revolving credit line. The voluntary SLLP...
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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 footprint in Ghana and advancing HeidelbergCement’s sustainability commitment in the region The investment in the...
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HeidelbergCement has acquired six ready-mixed concrete plants and one sandpit via its Czech subsidiary Českomoravský beton, a.s. from Kámen Zbraslav, a.s. in the Moravia region in the Eastern part of the Czech Republic. All plants have a well-established residential and commercial customer base around the city of Brno, with a high demand for sustainable building solutions.
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"This acquisition expands our footprint in the highly attractive Rhône-Alpes region, confirming our ambition to revitalize key urban areas from Lyon to Geneva. This expansion is in line with our strategy to accelerate green growth and play our part in Europe’s net-zero transition" declares Miljan Gutovic, Region Head EMEA
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Argos is committed to continuing its efforts to deliver outstanding solutions and sustainable products to its customers. Resulting from this determination, the cement company is announcing its new EcoStrong PLC brand. EcoStrong PLC is a high-quality blended hydraulic cement used in sustainable building practices that can reduce carbon emissions by up to 10%. EcoStrong PLC exhibits Argos’ passion for developing strong solutions to build a more sustainable world together.
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▪ The dividend declared is $281.2 per share, 37 % higher than in 2021, and will be paid in cash in four quarterly installments starting in April of this year. ▪ On a consolidated basis, Argos achieved in 2021 the best results in its history taking into consideration all business’ dimensions. ▪ At the end...
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CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX) announced strong results for the full year 2021 with double-digit EBITDA growth, the highest in more than a decade, coupled with a double-digit increase in sales driven by higher volumes and robust pricing in all core products in all regions. EBITDA margin increased 0.8 percentage points in the year, despite headwinds in energy and import costs. CO2 emissions declined 4.4 percentage points, the largest annual decline the company has ever achieved.
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Cement-based solution storing and converting waste heat into energy Enabling an affordable, local, safe and recyclable alternative to batteries Making cement part of accelerating the transition to renewable energy Holcim is developing a breakthrough energy storage technology together with INSA Lyon and ENGIE’s Corporate Research Center, ENGIE Lab CRIGEN, to serve as an alternative to...
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Cementos Argos Receives Gold Medal Awarded by S&P Global in the 2022 Global Sustainability Yearbook, which highlights the companies with the best sustainability practices in the world. The company was included for the ninth consecutive year, thanks to its exemplary environmental, social, and corporate governance practices, and for being recognized in 2021 as the world...
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