News
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.
Holcim US announced it has acquired a new aggregate operation from J-2 Contracting Co., one of Colorado’s premier general contractors. With this strategic transaction, Holcim gains a large volume of high-quality aggregate reserves and strengthens its place as a long-term, reliable aggregate supplier in Colorado, one of its fastest-growing markets in the US.
Region: USA
28.11.2022 14:33Focus on circularity: Heidelberg Materials acquires leading recycling company in the German capital Berlin
Heidelberg Materials will take over Berlin-based RWG Holding GmbH, subject to approval by the relevant antitrust authorities.
Region: Germany
The Vietnam Cement Industry Corporation (VICEM) will ship a total of 6 million tonnes of cement and clinker to the Philippines from 2023-2025, as its demand for construction materials of various kinds is huge.
Region: Vietnam
Ambuja Cement, now a part of Adani Cement, reported a 68% drop in standalone net profit at ₹138 crore for the quarter ended 30 September, 2022 (Q3FY23) versus ₹441 crore during the same period last year. Shares of Ambuja were trading at ₹513.70 apiece on the NSE, marginally down at 0.77% in afternoon deals.
Region: India
07.09.2022 13:33Holcim closes Brazil divestment
Holcim has closed the sale of its business in Brazil to CSN (Companhia Siderúrgica Nacional) for an enterprise value of USD 1.025 billion.
Region: Brazil
02.09.2022 16:39Royal White Cement expands to Houston Ship Channel terminal
Royal White Cement has leased a site along the Houston Ship Channel for its second terminal in Houston in a deal that positions the company to grow its cement and construction materials business.
Region: USA