News

Holcim announces the successful completion of the largest 3D-printed affordable housing to date through 14Trees, its joint venture with British International Investment, the UK’s Development Finance Institution (DFI) and impact investor.

Holcim has signed an agreement to acquire Duro-Last, a US leader in commercial roofing systems, with pro forma net sales of USD 540 million. Duro-Last has a track record of double-digit growth in North America’s highly profitable USD >40 billion roofing market, driven by leading brands, proprietary technologies and custom-made solutions. Duro-Last’s systems will complement and strengthen Holcim’s integrated roofing offer, with expected synergies of USD 60 million per year.

Heidelberg Materials acquires SER Group, a leading integrated company in the demolition and construction materials recycling business, based in Heilbronn, Southern Germany. With an annual revenue of around €50 million and three modern recycling sites, SER Group is the market leader in the greater Heilbronn area and employs more than 220 people. The acquisition comes shortly after the take-over of Berlin-based RWG Holding GmbH in November 2022 and highlights Heidelberg Materials’ focus on enhancing its circular economy activities.

CEMEX announced that it has acquired a 51% stake in Israel-based SHTANG Recycle LTD, a construction, demolition, and excavation waste, (CDEW) recycling company. The acquisition aligns with CEMEX’s strategy to strengthen its business in developed markets through bolt-on acquisitions in businesses with strong circular and sustainable attributes.

The World Cement Association (WCA) announced today that it is welcoming global leader of construction products, GCP, part of Saint-Gobain Construction Chemicals, as an Associate Corporate Member.

On Friday, Heidelberg Materials successfully placed its first sustainability-linked bond (ISIN XS2577874782) with an issue volume of €750 million and a term until 2032 via HeidelbergCement AG as part of the €10 billion EMTN programme.

ACC Limited, the cement and building material company of Adani Cement and part of the Adani Group, is all set to bring a new dimension to the building materials industry by launching ‘ACC ECOMaxX’ in Mumbai and various other locations in the coming few days. It is an expert range of green concrete solutions aimed towards building a sustainable future through conscious green construction.