News

Aalborg Portland and Fidelis New Energy (Fidelis) have entered into a letter of intent for safe and permanent storage of Aalborg Portland's CO2 emissions utilizing Fidelis' recently announced Norne Carbon Storage Hub (Norne) in Aalborg. This agreement is a milestone accomplishment for the decarbonization of cement production, making Aalborg Portland an industry leader in carbon impact and further demonstrating Denmark's commitment to being a global leader in decarbonizing hard to abate industries.

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.

CEMEX announced a series of corporate governance enhancements that continue the Company’s commitment to evolving its corporate governance profile towards global best practices. The additional enhancements announced today are further to the changes announced on February 24, 2022, highlighting the Company’s proactive and sustained focus on corporate governance matters.

CEMEX announced the plan to expand the production capacity at its subsidiary in Jamaica, Caribbean Cement Company Limited (“CCCL”). This expansion aims for an up to 30% increase CCCL’s cement capacity in Jamaica, through an investment of approximately US$40 million for the first phase of the project.

Ambuja Cements Ltd., one of India’s most sustainable cement makers, has since its inception focussed on tackling water scarcity across India, especially in places with erratic rainfall and inadequate irrigation systems where groundwater depletion is the norm.

In addition to growing its cement operations, the Group also intends to expand its product offerings within the Central Asia region

New line of concrete products offers up to 70 % fewer carbon emissions.