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...
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...
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...
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...
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...
"In Q1 2023, net sales grew organically by 8% and Recurring EBIT by 12%. This profitable growth was led by strong performances across our building materials businesses. Our teams continued our fast-paced execution, with 12 value-accretive acquisitions, including Duro-Last, completing our range of flat roofing systems. With strong underlying trends across all our businesses, we are confident we will close the full year strong. We are upgrading our guidance accordingly to achieve organic net sales growth of above 6% and organic Recurring EBIT growth of above 10%, while delivering an industry-leading Recurring EBIT margin of above 16%.
