News

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.

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.

In 12 months, the plant produced 0.8 million tons of cement – 2 % more than in 2021. The company produced, in particular, 0.5 million tons of CEM I 42.5N and 0.1 million tons of CEM II/A-G 32.5B. These types of products proved to be the most in demand on the market last year.

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.

Holcim acquired the sand and aggregates quarries of Pioneer Landscape Centers, a market leader in the fast growing metropolitan markets Denver, Phoenix and Colorado Springs and a major supplier of construction aggregates for the region.

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.

The World Cement Association (WCA) announced today that it is welcoming global leader of construction products, GCP, part of Saint-Gobain Construction Chemicals, as an Associate Corporate Member.