Sebastian Manhart, Senior Policy Advisor, Carbonfuture:Carbon Dioxide Removal (CDR) Market Trends: What It Means for Cement and Construction With the growing urgency to address climate change, carbon dioxide removal (CDR) is becoming central to global net-zero efforts. This talk will focus on global market trends in CDR, with a particular emphasis on policy developments in...
GO4ZERO EUR 500m+ project in Belgium to advance Europe’s decarbonization Plant engineered to produce 2 million tons of net-zero cement per annum by 2029 Groundbreaking ceremony attended by Belgian PM Alexander De Croo and European Commissioner for Climate Action Wopke Hoekstra Holcim hosts the groundbreaking ceremony at its state-of-the-art GO4ZERO plant engineered to produce 2...
The European Union has awarded Cemex and WtEnergy a €4.4 million grant for the implementation of a novel waste-to-fuel technology utilizing synthetic gas at its Alicante cement plant in Spain. The project has been cataloged as “the first of its kind” for the cement industry by the European Union. “Innovation is crucial in our efforts...
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,...
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...
Heidelberg Materials is pleased to announce the successful completion of a Memorandum of Understanding between Heidelberg Materials and the Government of Canada. This partnership will support Heidelberg Materials’ project to develop the cement industry’s first global full scale Carbon Capture Utilization and Storage (CCUS) facility at the company’s Edmonton location. This milestone is fundamental to achieving...
CO2 per net sales reduction of 21% in 2022 with goal to reduce by over 10% in 2023 Upgraded 2030 climate targets in line with SBTi 1.5°C framework, validated by Science Based Targets initiative CHF 2 billion investment in carbon capture, utilization and storage projects by 2030 to capture more than 5 million tons CO2...
Holcim has acquired INDAR, a leading hardware wholesaler in Mexico with 2022 net sales of USD 71 million. With this acquisition, Holcim adds more than 10,600 additional hardware products to its range of solutions across its Disensa retail network. INDAR supplies hardware of over 80 leading brands, from roofing, needs to tools and adhesives all...
CEMEX’s update to its Green Financing Framework aligns it with its more ambitious decarbonization goals announced in 2022. Through this update, CEMEX will strengthen financing avenues for innovative technology needed to reach carbon neutrality. CEMEX announced that it has updated its Green Financing Framework to align it with its more ambitious decarbonization goals. The update...