Heidelberg Materials completed the divestment of its business in Gambia with the sale of its cement terminal in the Gambian capital Banjul to B5 Plus. Both parties have agreed not to disclose the financial terms of the transaction. The divestment is part of Heidelberg Materials’ ongoing portfolio optimisation focusing on the most promising and strongest...
Holcim Carbon Capture Utilization and Storage (CCUS) projects in Belgium, France and Croatia selected Grants follow EU funding for Holcim CCUS projects in Germany and Poland Highly scalable projects based on mature technologies and advanced partnerships Grants by EU Innovation Fund add to Holcim’s commitment to invest CHF 2 billion in CCUS projects by 2030...
One of 17 companies worldwide selected by the Science Based Targets Network (SBTN) to pilot the world’s first science-based targets for nature Expanding Holcim’s science-driven approach, building on its Biodiversity Indicator and Reporting System developed in partnership with IUCN In line with Holcim’s 1.5°C-aligned climate targets, validated by the Science Based Targets initiative (SBTi) Meet...
Holcim acquires Besblock Ltd, a leading supplier of precast materials to the UK Midlands construction industry. The Besblock technology platform is dedicated to the production of sustainable building blocks, with a capacity of around 2.5 million m² blocks per year. Its products include the industry-leading “Star Performer,” a sustainable and multi-purpose on-site solution that uses...
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 an immediate step-change to the company’s CO₂ intensity in North America At the same time,...
"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%.
Edgar Alberto Martínez Londoño, Sustainability Senior Director at Cementos Argos, Colombia, about CarbonZero Global Conference and Exhibition 2022, Lisbon: “I love the way it’s started and the way all have to interact from the beginning, I wasn’t expecting that. And I had the chance to meet very interesting people. And I liked the presenters, they...
This SpectraFlow order is the 49th order for the Cement Industry and the 1st airslide analyzer installation in the Kingdom of Saudi Arabia. This order raises the installed base in the Kingdom of Saudi Arabia to 7 analyzers (6 Crossbelt, 1 Airslide) and worldwide to 71 analyzers (40 Crossbelt & 31 Airslide).
Holcim completed the acquisition of Duro-Last, a US leader in commercial roofing systems, with pro forma net sales of USD 540 million. Duro-Last has a track record of double-digit growth in North America’s highly profitable USD >40 billion roofing market, driven by leading brands, proprietary technologies and custom-made solutions. Duro-Last’s systems will complement and strengthen...
In 2023, continuing the trend from last year, the industry focus is on CO2 reduction measures and technologies (alternative fuels, alternative raw materials), a main priority in operation plans of all the cement players.