October 11, 2024 – As the final day of CarbonZero 2024 draws to a close, participants from across the cement and construction industries can look back on two days filled with knowledge-sharing, networking, and innovative solutions for a sustainable future. The day began with a keynote from Grant Quasha, Chairman of Eco Material Technologies,...
Revenue increases by 8.5%1) to €10,473 million Improvement in result2) of 37.5%1) to €1,189 million CO₂ emissions reduced by a further 2.4%, EU Innovation Fund supports pioneering CCS project in German Third tranche of share buyback programme of up to €300 million starts Outlook for 2023 significantly upgraded: result from current operations expected to be €2.7 billion to...
Revenue increases by 13%1) to €4,896 million Strong improvement in result2) by €168 million to €258 million Sustainability activities further intensified: most ambitious climate targets in the sector validated by SBTi, additional carbon capture projects launched, and circular economy expanded Outlook upgraded: moderate revenue growth1), result from current operations now expected to be between €2.50 billion and...
The Board of Directors proposes dividend of CHF 2.50 per registered share, up 14% following record 2022 performance The Board of Directors proposes CEO Jan Jenisch as Chairman Second Climate Report submitted for advisory vote, giving shareholders a say on company’s climate-related matters The Holcim Annual General Meeting (AGM) will take place on 4 May...
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.
The Science Based Targets initiative (SBTi) has validated Heidelberg Materials’ 2030 carbon reduction targets under its new 1.5°C framework Heidelberg Materials commits to individual scope 1 and 2 targets as well as a scope 3 target for 2030, in relation to the base year 2020 CCUS and circularity are the company’s key levers to reach...
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...
The official signing ceremony of the EU Innovation Fund Grant Agreement took place recently as part of the European Commission’s “Financing Innovative Clean Tech” conference The Innovation Fund will provide a total of around 190 million euros in financing to Heidelberg Materials and partner PetroCeltic to realize the project ANRAV in Bulgaria aims to be...
CEMEX commits to reach net-zero CO2 emissions1 across the value chain by 2050 from a 2020 base year. CEMEX is among the first companies in the cement industry to validate its full net-zero CO2 roadmap with the SBTi. Validation includes alignment of CEMEX’s 2030 targets with the SBTi’s 1.5ºC scenario, the most ambitious available to the industry. ...