Heidelberg Materials celebrates the opening of its new cement plant in Mitchell, Indiana, the second-largest single cement production facility in North America. The state-of-the-art plant will substantially increase local production levels while significantly reducing CO₂ emissions and energy consumption for Heidelberg Materials North America. The project, realised on time and on budget despite disruptions from...
As part of the Choose France summit, Heidelberg Materials announced a €65 million investment to decarbonise its Bussac-Forêt cement plant The project will allow the launch of a new range of low-carbon calcined clay cements and reduce the site’s CO₂ emissions by a further 20% The company is already piloting calcined clay technology in Ghana,...
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...
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,...
Last week, Heidelberg Materials North America acquired all operating assets and reserves of RMS Gravel Inc., a producer of high-quality sand and gravel products located in the Central New York market. The assets of RMS Gravel include a single quarry with a fixed processing plant and five portable crushing plants. Both parties agreed to not...
The facility at the German Lengfurt cement plant is scheduled to go into operation as early as 2025 with a capture capacity of around 70,000 tonnes of CO₂ per year Due to its purity, the processed gas will be suitable for use in both the food and chemical industries The project is being funded by...
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.
Adjusted EBITDA was R$4.9 billion, 6% lower than the previous year. EBITDA margin was 19%, five percentage points lower than in 2021. Leverage, measured by the net debt/adjusted EBITDA ratio, was 1.55x, the same as 2021 and the best level in over ten years. Net profit in the year was R$1.1 billion. The company...