Claudene Moorgas, Senior Industry Specialist, Manufacturing, IFC joins Women in Cement and Construction International Congress 2024 (December 10 and 11, Madeira, Portugal, Vidamar Resort) and will present The International Finance Corporation: Unlocking the transformative potential of women in cement and construction. The cement and construction industries have a vital role to play in the economy...
Record recurring EBIT, up +12.7% in local currency, up +8.1% in CHF Net sales up +1.6% in local currency. Record recurring EBIT margin of 23.2% (+210 bps) in Q2 2024 +10.0% growth in EPS before impairment and divestments Disciplined M&A execution continues with 11 value-accretive acquisitions and 4 divestments FY 2024 updated guidance: recurring EBIT...
Heidelberg Materials is selected for award negotiation to receive up to $5 million in funding from the US Environmental Protection Agency (EPA) The funding will be used to develop a cloud-based tool that can help concrete, cement, aggregates, and asphalt facilities to quickly and efficiently produce high-quality Environmental Product Declarations (EPDs) The grant is part of...
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,...
The LEGO Group has unveiled a groundbreaking Supplier Sustainability Programme, aimed at drastically reducing carbon emissions within its supply chain by 2026. This initiative is a critical part of LEGO’s broader strategy to achieve net-zero emissions by 2050, recognizing that over 99% of its carbon footprint originates from external operations. New Programme Details: Emission Targets:...
Climeworks, the global leader in carbon removal via direct air capture technology, has successfully achieved third-party certification of its carbon removal activities under the Puro Standard – a first in the direct air capture industry. In collaboration with CO₂ storage and mineralization partner Carbfix, the Puro Standard methodology for Geologically Stored Carbon was applied to...
Heidelberg Materials UK (HMUK) has expanded its recycling business by acquiring B&A Group, a leading construction soil and aggregate recycling company in southwest England. This acquisition enhances HMUK’s supply of high-quality recycled materials for sustainable building. Based in Bristol, B&A Group employs 70 people and specializes in recycled and primary aggregate supply, site clearance, earthworks,...
Last summer, Montréal, Canada, was making headlines for unfortunate reasons. Wildfires ravaged Québec’s forests, temporarily earning the city the title of ‘world’s worst air quality’. This was a stark contrast to its reputation as ‘North America’s most sustainable city’. However, there is hope for the upcoming summer of 2024, thanks to the recent adoption of...
Cemex signed an agreement with Gharbia Governorate to operate the first Regenera facility in Egypt. Through this agreement, Cemex will treat more than 800 tons of municipal solid waste received per day to generate alternative fuels and produce compost, ensuring minimal residual waste to landfill. This agreement supports circularity as well as the wellbeing of...
Cemex is the first company in the building material industry to develop a generative AI powered sales assistant. The tool is built using Microsoft Azure OpenAI Service generative artificial intelligence technology. Cemex has developed the first generative Artificial Intelligence (AI) tool of its kind in the building material industry, transforming how the salesforce interacts with...