News
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.
Region: USA
23.03.2023 15:45Heidelberg Materials plans to increase dividend by 8% to €2.60
Heidelberg Materials is continuing its progressive dividend policy: The Managing Board and Supervisory Board will propose to the Annual General Meeting, which will be held on 11 May, to distribute a dividend of €2.60 per share for the 2022 financial year. Subject to the approval of the shareholders, this corresponds to an increase of 8% compared to the previous year’s dividend of €2.40 per share. Based on the HeidelbergCement AG share price as at 31 December 2022, the dividend yield is 4.9%.
Region: Germany
Eastern Province Cement Co.’s board of directors decided to invite specialist companies to submit offers to establish a new production line to replace some of the obsolete lines at the current plant in Khursaniyah.
Region: Saudi Arabia
16.03.2023 13:51Holcim acquires HM Factory to enter precast market in Poland
Holcim acquires HM Factory, a provider of precast concrete solutions with net sales of CHF 18 million. Its solutions cover a wide variety of needs, such as walls, staircases and balconies. HM Factory is ideally positioned to capitalize on growth in industrial and residential construction. The company supplies Polish construction projects as well as exporting to Scandinavian markets.
Region: Poland
15.03.2023 15:51Cemex updates its brand as part of an ongoing evolution
Cemex unveiled today an updated brand in line with its ongoing evolution to help the world reach the next frontier of sustainable living, by becoming a more agile, innovative, and approachable company.
Region: Mexico
Vedanta Aluminium, India’s largest producer of aluminium, has entered into a long-term partnership with Dalmia Cement for supply of industrial wastes such as fly ash and spent pot lining for manufacturing low carbon cement. Under this partnership, Vedanta’s mega aluminium smelter at Jharsuguda will transport around 20 rakes of fly ash per month for 5 years to Dalmia Cement’s manufacturing units in Odisha, Chhattisgarh, Meghalaya, and Assam, and supply SPL for 3 years to the company’s plant at Rajgangpur, Odisha. Vedanta Aluminium is a preferred supplier of high-quality fly ash to some of India’s leading cement producers, fostering industrial collaboration for production of low-carbon cement.
Region: India
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