News
13.03.2023 13:55Holcim acquires INDAR to strengthen retail offering in Mexico
Holcim has acquired INDAR, a leading hardware wholesaler in Mexico with 2022 net sales of USD 71 million. With this acquisition, Holcim adds more than 10,600 additional hardware products to its range of solutions across its Disensa retail network. INDAR supplies hardware of over 80 leading brands, from roofing needs to tools and adhesives all the way to electrical and plumbing supplies. The acquisition includes INDAR’s nine distribution centers around the country, as well as its fulfillment center in Guadalajara.
Region: Mexico
24.02.2023 13:59Changes in Holcim’s Board of Directors Leadership
Holcim announces that Beat Hess, Chairman of the company since 2016, has decided not to seek re-election to the Board of Directors at the AGM in May 2023. The Board of Directors intends to propose Jan Jenisch as the new Chairman at the AGM. Subject to the vote, he will succeed as the Chairman and continue as CEO of Holcim for a limited duration.
Region: Switzerland
23.02.2023 17:50CEMEX enters groundbreaking carbon utilization agreement
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 decarbonization efforts in the cement production process.
Region: Mexico
23.02.2023 17:48CEMEX announces further corporate governance enhancements
CEMEX announced a series of corporate governance enhancements that continue the Company’s commitment to evolving its corporate governance profile towards global best practices. The additional enhancements announced today are further to the changes announced on February 24, 2022, highlighting the Company’s proactive and sustained focus on corporate governance matters.
Region: Mexico
16.02.2023 17:59CEMEX, Sandia Labs, and Synhelion to scale solar energy technology to produce cement
CEMEX announced that the U.S. Department of Energy awarded US$3.2 million to Solar MEAD, a joint project headed by CEMEX, Sandia National Laboratories, and Synhelion, which aims to decarbonize cement production.
Region: Mexico
16.02.2023 14:02Holcim to acquire FDT Flachdach Technologie GmbH
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 of the business. With this acquisition, Holcim roofing systems will exceed USD 4 billion in net sales ahead of schedule.
Region: Switzerland