News

Group sales of $15.0 billion (H1 2021: $13.2 billion) were 14% ahead of the same period last year and 12% ahead on a like-for-like2 basis. EBITDA of $2.2 billion was 21% ahead of 2021 (H1 2021: $1.8 billion) reflecting a strong focus on commercial and operational initiatives which more than offset the impact of cost inflation. On a like-for-like basis EBITDA was 13% ahead and margins were maintained or expanded across all Divisions.

Suez Cement Group of Companies - a subsidiary of HeidelbergCement has become the first grey cement company in Egypt and Africa to obtain an Environmental Product Declaration (EPD) certificate in accordance with international ISO standard. The Dcarbon documents confirm the enhanced properties of products in their environmental impact.

Martin Marietta Materials announced that it has entered into a definitive agreement to sell the Tehachapi, California cement plant and related distribution terminals to CalPortland Company for $350 million in cash.

Horia Adrian, President and CEO of Holcim Philippines, Inc. said: “We are determined to deliver value to all our stakeholders despite soft market and cost pressures. Our strategy to embed sustainability in our operations is enabling us to manage current challenges and deliver sustainable business performance. We are committed to pursue initiatives to broaden our range of innovative and eco-friendly building solutions, advance operational efficiency through digitalization, and strengthen customer engagement for better business results and more positive impact.”

Argos, the cement company of Grupo Argos, presented its quarterly results, highlighting record revenues and strong demand for cement and ready-mix, mainly in the United States and Colombia, as well as stable operating results in an environment of high-cost inflation thanks to the success of its commercial strategy in all geographies, the flexibility of its fuel matrix and the partial hedging of fuel prices.

Slag Cement Association designed its Slag Cement University as a resource and central repository of educational resources on slag cement use in concrete construction.