News

TITAN, an innovative and fast decarbonizing cement producer, and Orcan Energy, a cleantech company turning waste heat into clean electricity, announced an innovation partnership.

Heidelberg Materials intends to equip the Antoing plant of its Belgian subsidiary CBR with an innovative hybrid carbon capture unit.

Holcim has entered into an agreement to acquire Cantillana, a leading specialty building solutions provider based in Belgium with 2022 estimated net sales of EUR 80 million. Cantillana’s extensive experience in façade construction systems and external thermal insulation composite systems will further strengthen Holcim’s position in building renovation and energy efficiency solutions, building on the recent acquisitions of PRB Group in France, PTB-Compaktuna in Belgium and Izolbet in Poland.

The Group took action to recoup costs through a second price increase in late summer but considering contracts already in place and the magnitude of the spike in costs, the effect of those mitigating actions will inevitably manifest itself with a time-lag. A new round of price increases was announced applicable on January 1st aiming to recover the margin lost due to cost inflation.

Results are expected in Q1 of 2022