News
07.02.2023 09:41Holcim to acquire Duro-Last roofing systems
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.
Region: USA
02.02.2023 11:35Cementum – the new name of Holcim in Russia
The transition to the Russian brand Cementum is the beginning of a new, completely independent stage of the company's development. The rebranding of assets belonging to the Russian division of Holcim is part of an agreement reached in December 2022 between the management of the Russian division of the company and the international Holcim group on the transfer of all Holcim assets in the Russian Federation to the local management of the company.
Region: Russia
30.01.2023 14:10New machinery put into operation at the Timlyuy Cement Plant
Sibcem Holding continues its investment activities to upgrade and expand the fleet of special equipment of its plants. A hydraulic excavator and a bulldozer have been put into operation in TimlyuyCement (Sibcem Holding). Equipment with a total cost of RUB 66 million was purchased for the development of the second ore body of the south-western flank of the Tarakanovskoye limestone and porphyroid deposit.
Region: Russia
20.01.2023 17:55EU to fund Holcim decarbonization projects
The European Union (EU) Innovation Fund announces funding of EUR 328 million in two Holcim decarbonization projects at the Financing Innovative Clean Tech Conference in Brussels. The grants will accelerate the development of Holcim’s breakthrough carbon capture utilization and storage (CCUS) projects in Germany and Poland.
16.01.2023 17:58Heidelberg Materials places first sustainability-linked bond – Interest rate linked to industry’s most ambitious climate targets
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.
21.12.2022 11:40Sibirsky Cement sums up preliminary results of work in 2022
Sibcem Holding sums up the preliminary results of its work in 2022. According to forecast data, 5.1 million tons of cement will be produced at the company's five cement plants from January to December (the volume of production in 2021 is almost 5.2 million tons).
Region: Russia
13.12.2022 09:56Major next step in circularity: Heidelberg Materials acquires leading recycling and construction materials company in the United Kingdom
Heidelberg Materials will acquire the Mick George Group, subject to relevant competition authority approval. The Mick George Group is a market-leading construction and demolition waste (CDW) recycler in the Eastern region of the UK, with an annual revenue of around £220 million.
Region: Great Britain