News
16.06.2023 16:41Holcim US Announces Milestone Solar Initiative in Michigan to Accelerate Decarbonization Efforts
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.
Region: USA
09.06.2023 16:25BUA Cement Gets $500m for Two New Production Lines
Nigeria’s second-largest cement producer, BUA Cement, has gotten a $500 million financing package from the International Finance Corporation (IFC) to develop two new production lines in Sokoto State.
Region: Nigeria
SCGC, one of the largest grey cement producers in Egypt and a subsidiary of the Heidelberg Materials, is celebrating its milestones in reducing its CO2 emissions and its environmental impact to be in line with Egypt’s 2030 Vision as well as the United Nations Sustainable Development Goals.
Region: Egypt
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.
Region: Philippines
01.06.2023 15:23Holcim Alpena Cement Plant Opens Tire-Derived Fuel Facility
The Holcim Alpena plant (formerly Lafarge) in Michigan is celebrating the opening of its new whole-tire, co-processing facility – a $7.4 million, state-supported initiative that will safely and cleanly convert 22,000 tons of tires per year into energy to help fuel one of the largest cement plants in the United States.
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
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