Cemex announced on July 9th its most recent investment in frontrunning carbon capture startup, KC8 Capture Technologies (KC8), carried out through its corporate venture capital and open innovation unit, Cemex Ventures. This investment in KC8’s technology has the intention of scaling such technologies to new heights in the largest project of its kind to date...
UK-based carbon capture technology provider Nuada has announced the launch of its pilot plant operation at Buzzi Unicem’s cement facility in Monselice, Italy. This trial represents a significant advancement in carbon capture technology and marks a milestone in the decarbonisation efforts within the cement industry. Buzzi Unicem, a leading player in the cement industry, is...
The planned AirvaultGOCO₂ project is part of the GOCO₂ initiative to decarbonise the West of France At the Airvault plant, the company will complement conventional CO₂ reduction measures with CCUS technology Heidelberg Materials has already made significant investments in the modernisation and decarbonisation of its French cement sites As the latest addition to its broad...
● +7.4% organic net sales growth in H1 2023 +13.4% organic recurring EBIT growth ● Record Q2 recurring EBIT margin of 21.1% (+2.2 pp) ● Record EPS in H1 of CHF 2.19 (+15%) ● Reduction of CO2 per net sales by 18%1 in H1 2023 ● Accelerated M&A execution with 18 value-accretive acquisitions● Guidance 2023...
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...
CEMEX announced that it has signed an agreement with green fuels producer ETFuels, to transform CO2 from CEMEX’s Alicante cement plant in Spain into green fuels. This carbon utilization project, groundbreaking in its scope and potential contribution to European energy security, demonstrates significant progress in testing and scaling technologies that are designed to contribute to accelerating...
“We closed 2022 with a very good result thanks to a great finish in the fourth quarter,” says Dr. Dominik von Achten, CEO of Heidelberg Materials. “As part of our Customer Excellence Programme, we were able to more than offset the sharp rise in energy costs in the fourth quarter for the first time during...
CEMEX announced that the U.S. Department of Energy awarded US$3.2 million to Solar MEAD, a joint project headed by CEMEX, Sandia National Laboratories, and Synhelion, which aims to decarbonize cement production. Solar MEAD aims to replace the use of fossil fuels with concentrated solar thermal (“CST”) energy in clinker production, the key component in cement....
Heidelberg Materials North America announced approximately $8.9 million in funding from the U.S. Department of Energy’s (DOE) Carbon Storage Assurance Facility Enterprise (CarbonSAFE) initiative, to study the subsurface geology for suitability for the storage of carbon dioxide at its new state-of-the-art cement plant in Mitchell, Indiana. The award, which is managed by the U.S. National...
Heidelberg Materials has signed an indefinite global licence agreement with the technology company Leilac, enabling the further scale-up of the joint CCUS activities Their technology offers a capture solution for unavoidable CO2 process emissions from cement production Piloting future-oriented CCUS technologies is a key element of Heidelberg Materials’ decarbonisation strategy As part of the continued...