Cemex USA (“Cemex”) announced today it has finalized an acquisition that secures new long-term aggregates reserves, expanding its aggregates footprint and further strengthening the company’s position in aggregate constrained markets. Cemex recently closed on its purchase of the assets of Atlantic Minerals Limited in Newfoundland, Canada, consisting of a construction and chemical aggregates quarry and...
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...
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...
Alamo Cement Company announced the completion of its new solar power system in San Antonio, Texas, advancing its commitment to reducing carbon emissions and aligning itself with the cement industry’s goal of reaching carbon neutrality. The 45-acre solar panel field (the equivalent of 35 football fields) is estimated to generate up to 15 percent of...
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...
Manufacturing has demonstrated continued strength in 2022, building on the momentum it gained emerging from the pandemic, and surpassing expectations from the prior two years. While overall demand and production capacity have hit recent highs, there are indications that the near-term outlook may not be as bright. The industry is currently experiencing concerns related to...
Holcim has signed an agreement to acquire FDT Flachdach Technologie GmbH (FDT), a leading manufacturer of thermoplastic roofs with a strong presence in fast-growing European markets with 2022 net sales of EUR 50 million. As a technology and sustainability leader in its sector, FDT will complement Holcim’s integrated roofing offer and strengthen the geographical footprint...
The transaction advances TITAN’s growth strategy as it will enhance the Group’s global offering of green, low carbon cementitious products Titan Cement International (TCI) is advancing its growth strategy by taking a participation in Aegean Perlites and partnering with its majority shareholder family, thereby securing the long term pozzolan sourcing needs of the Group. Aegean...
Proprietary technology enables low-carbon cement with 50% less CO2 Delivering up to 500,000 tons of ECOPlanet cement per year Sustainable operation to run with 100% biomass and waste heat recovery system Holcim launches Europe’s first calcined clay cement operation in its Saint-Pierre-la-Cour plant in France to deliver ECOPlanet green cement with 50% lower CO2 footprint compared...