News

Holcim US announced a milestone clean energy investment in northeast Michigan with a new partnership to bring the company’s largest solar project in the Midwest to its cement plant in Alpena. When combined with existing renewable energy efforts, the solar initiative will help the plant self-generate 75 percent of its electric power needs with green energy—an important step toward fulfilling Holcim’s pledge to power all of its US operations with 100 percent renewable energy by 2030.

On 13 June, Minister of Investment, Industry and Trade of the Republic of Uzbekistan Laziz Kudratov held a meeting with the Chairman of the Board of China Energy Song Hailiang, during which they discussed the current state of the implementation of joint projects and prospects for further development of mutually beneficial cooperation. During the meeting, the progress of the implementation of projects for the construction of photovoltaic stations in the Kashkadarya and Bukhara regions with a total capacity of 1000 MW and a cement plant in Samarkand region with a capacity of 3 million tons was considered in detail.

Aalborg Portland and Fidelis New Energy (Fidelis) have entered into a letter of intent for safe and permanent storage of Aalborg Portland's CO2 emissions utilizing Fidelis' recently announced Norne Carbon Storage Hub (Norne) in Aalborg. This agreement is a milestone accomplishment for the decarbonization of cement production, making Aalborg Portland an industry leader in carbon impact and further demonstrating Denmark's commitment to being a global leader in decarbonizing hard to abate industries.

As part of efforts to decarbonize the local construction, leading building solutions provider Holcim Philippines, Inc. has launched a better alternative to ordinary Portland cement (OPC) that ensures concrete strength and durability while lowering impact on the climate.

A name change, a revamped logo and a company reorganization: three important events in the life of a historic company such as Buzzi which, for its path to growth, has opted to stay true to its heritage based on roots and values.

Holcim US continues to strengthen its position in Colorado with its third acquisition in recent months in the rapidly growing state. Today the company announced the acquisition of Tezak Heavy Equipment (“Tezak”), a family-held aggregates producer and specialty civil construction business with deep roots in the Colorado Springs market.

CEMEX announced double-digit top-line growth for 2022 and 4th quarter driven by a robust pricing strategy designed to recover margins. For 2022, EBITDA and EBITDA margin showed improving trends in 4th quarter. CO2 emissions declined by ~4.6% in 2022, the second consecutive year of record carbon reductions.