News
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
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
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
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
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