News
13.02.2023 18:02CEMEX reports double-digit top-line growth with record reduction in CO2 emissions in 2022
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.
Region: Mexico
Holcim launches Europe’s first calcined clay cement operation in its Saint-Pierre-la-Cour plant in France to deliver ECOPlanet green cement with 50 % lower CO2 footprint compared to standard cement (CEM I).
Region: France
CEMEX announced that it is providing Vertua lower carbon cement for three high-profile renewable energy projects in Croatia and Bosnia and Herzegovina. The projects include wind farms in Croatia and Bosnia and Herzegovina and a hydropower plant in eastern Herzegovina.
Region: Bosnia and Herzegovina
03.02.2023 11:07Circular economy expanded: Heidelberg Materials acquires leading recycling company in Southern Germany
Heidelberg Materials acquires SER Group, a leading integrated company in the demolition and construction materials recycling business, based in Heilbronn, Southern Germany. With an annual revenue of around €50 million and three modern recycling sites, SER Group is the market leader in the greater Heilbronn area and employs more than 220 people. The acquisition comes shortly after the take-over of Berlin-based RWG Holding GmbH in November 2022 and highlights Heidelberg Materials’ focus on enhancing its circular economy activities.
Region: Germany
30.01.2023 18:13CEMEX expands Regenera circularity business with new acquisition
CEMEX announced that it has acquired a 51% stake in Israel-based SHTANG Recycle LTD, a construction, demolition, and excavation waste, (CDEW) recycling company. The acquisition aligns with CEMEX’s strategy to strengthen its business in developed markets through bolt-on acquisitions in businesses with strong circular and sustainable attributes.
Region: Russia
Yesterday, the EU Innovation Fund Grant Agreement for Heidelberg Materials’ pioneering CCUS project ANRAV was officially signed in Brussels. ANRAV aims to be the first full-chain CCUS project in Eastern Europe, eventually covering all steps from CO2 capture, transport and geological CO₂ storage to CO₂ reuse.
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.