Holcim to drive profitable growth in Europe, reaching CHF 10+ billion Net Sales and CHF 1.6+ billion EBIT by 2026 with increasing EBIT margins Industry-leading decarbonization to drive above 60% reduction of CO₂ per Net Sales in Europe from 2020 to 2030 Largest number of EU-funded carbon capture, utilization and storage projects with high return...
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 sustainable solutions company, signed a financing agreement with the International Finance Corporation (IFC), the largest...
Holcim will deploy up to 1,000 electric trucks from Volvo by 2030. Delivery for the first trucks will start in the fourth quarter of 2023. This is the largest commercial order to date for Volvo electric trucks. Both companies are founding members of the First Movers Coalition (FMC), a coalition of companies that use their...
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.