Achieving carbon neutrality within the cement-based manufacturing industries by 2050 relies on several strategies. Among these strategies, clinker substitution has proven to be among the most basic, efficient, and cost-effective ones. Two years after introduction of EN 197-5 low-carbon cement standards, the path towards performance-based standards for blended cement in the EU space is clearly...
Climate scenarios are already widely used by corporations and financial institutions to assess climate risks and set pathways to net zero. However, despite the prevalence of these scenarios, less consideration has been given to their use in identifying new opportunities across markets and sectors. This session will help users more effectively draw insights from these...
Global net revenue totaled R$5.8 billion, an 18% increase compared to 1Q22. Adjusted EBITDA was R$779 million, an increase of 85% over the same period last year, with a positive impact on the EBITDA margin. Leverage, measured by the net debt/adjusted EBITDA ratio, was 1.78x, slightly lower than in the first quarter of 2022;...
In 2022, Votorantim Cimentos was recognized by CDP as one of the best evaluated companies in the 2022 Climate Change Program
Holcim has acquired INDAR, a leading hardware wholesaler in Mexico with 2022 net sales of USD 71 million. With this acquisition, Holcim adds more than 10,600 additional hardware products to its range of solutions across its Disensa retail network. INDAR supplies hardware of over 80 leading brands, from roofing, needs to tools and adhesives all...
Lehigh Hanson, Inc. announced it has now changed its brand to Heidelberg Materials effective immediately. Previously announced in September of last year, this exciting new brand identity goes into effect today for the company’s corporate office and its core brands of Lehigh Cement and Hanson Aggregates. The majority of the company’s other subsidiaries in the...
Holcim has acquired Nicem srl (Nicem), a leader in grounded calcium carbonate in Northern Italy based near Bergamo, Italy. Calcium carbonate is a highly versatile, low-carbon raw material that is useful for a broad range of applications. Nicem’s broad customer base spans industries from construction to plastic, rubber and paints. With this acquisition, Nicem’s low-emission...
Holcim has signed an agreement to sell its business in Russia to the local management team. With its new owners, the business will operate independently under a different brand. Closing of the transaction will be subject to regulatory approvals. This divestment completes Holcim’s market exit from Russia in line with the company’s values to operate...
Tata Steel, India ordered a SpectraFlow Crossbelt Analyzer for quality monitoring of its base mix in the sinter plant. SpectraFlow is already installed in the cement, iron ore, gold, platinum, copper, potash, bauxite, and recycling industries while expanding the applications continuously within the individual industries and into new fields. This will be the first Crossbelt...
Holcim’s Board of Directors has appointed Steffen Kindler as Chief Financial Officer (CFO) of Holcim and member of the Group Executive Committee, effective 1 May 2023. Kindler will take over from current CFO Géraldine Picaud, who has decided to pursue other opportunities outside the company. Ensuring a smooth transition, Picaud will oversee the completion of...