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
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
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
30.01.2023 14:10New machinery put into operation at the Timlyuy Cement Plant
Sibcem Holding continues its investment activities to upgrade and expand the fleet of special equipment of its plants. A hydraulic excavator and a bulldozer have been put into operation in TimlyuyCement (Sibcem Holding). Equipment with a total cost of RUB 66 million was purchased for the development of the second ore body of the south-western flank of the Tarakanovskoye limestone and porphyroid deposit.
Region: Russia
24.01.2023 14:39Lipetskcement spent RUB 26 million on updating the fleet
Eurocement continues to receive special equipment as part of the company's transport security strategy. In 2022, 165 cars were purchased at the plants. In the new year, the renewal of the fleet of automotive and quarry equipment will continue.
Region: Russia
20.01.2023 17:55EU to fund Holcim decarbonization projects
The European Union (EU) Innovation Fund announces funding of EUR 328 million in two Holcim decarbonization projects at the Financing Innovative Clean Tech Conference in Brussels. The grants will accelerate the development of Holcim’s breakthrough carbon capture utilization and storage (CCUS) projects in Germany and Poland.
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.