Heidelberg Materials announced today its definitive purchase agreement to acquire Highway Materials, Inc., a leading independent aggregates and asphalt producer in the Greater Philadelphia market. This acquisition includes four crushed stone quarries, nine hot-mix asphalt plants, two clean fill operations, a concrete recycling facility, a construction services business, and over 350 employees. Earlier in July,...
Heidelberg Materials has entered into a definitive purchase agreement to acquire ACE Group, the largest supplier of pulverised fly ash in Malaysia The acquisition aims to strengthen the company’s footprint in a growing market and meet the rising demand for fly ash to reduce the CO₂ intensity of cement The transaction is part of Heidelberg...
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...
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...
Italcementi looks to the future of building materials by choosing to move its executive offices from the Red Kilometer of Bergamo to the Milan metropolitan area and preparing to embrace the new global brand “Heidelberg Materials“. Roberto Callieri, CEO of Italcement: “In an increasingly global world, an ambitious company must have the foresight to make important choices for its...
Funding for the upcoming FEED study has been granted by the U.S. Department of Energy The study will evaluate the feasibility of the project in Mitchell, Indiana, aiming to capture 95% of the local cement plant’s CO2 emissions This corresponds to an emission reduction of approx. 2 million tonnes of CO2 per year, making it...