Last summer, Montréal, Canada, was making headlines for unfortunate reasons. Wildfires ravaged Québec’s forests, temporarily earning the city the title of ‘world’s worst air quality’. This was a stark contrast to its reputation as ‘North America’s most sustainable city’. However, there is hope for the upcoming summer of 2024, thanks to the recent adoption of...
Heidelberg Materials is pleased to announce the successful completion of a Memorandum of Understanding between Heidelberg Materials and the Government of Canada. This partnership will support Heidelberg Materials’ project to develop the cement industry’s first global full scale Carbon Capture Utilization and Storage (CCUS) facility at the company’s Edmonton location. This milestone is fundamental to achieving...
Consolidated net revenue totaled R$22.3 billion in 2021, an increase of 33%. Adjusted EBITDA was R$5.2 billion, up 37% over the previous year. EBITDA margin was 24%, 1 percentage point higher than in 2020. Leverage, measured by the net debt/adjusted EBITDA ratio, dropped from 1.95x to 1.55x, the best level in the last ten years....
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