White House Credits Industry for Bolstering Buy Clean Initiative

A mid-October White House update on the progress of the Federal Buy Clean Initiative and companion Department of Energy (DOE) Industrial Demonstration Program, references Cemex USA, Heidelberg Materials North America, and Summit Materials for their commitment to measures that advance decarbonization goals or strategies underpinning Buy Clean and Industrial Demonstrations activities.

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EPA Awards Heidelberg Materials Up to $5M in Funding

The Environmental Protection Agency (EPA) selected Heidelberg Materials North America to receive up to $5 million in funding to create a robust, web-based tool that can help ready-mix concrete, cement and aggregate facilities to quickly produce high-quality Environmental Product Declarations (EPDs).

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DOE Advances Heidelberg Materials’ $1B Carbon Capture Project

U.S. Department of Energy Under Secretary for Infrastructure David Crane announced his agency’s plan to negotiate an award up to $500 million to help fund a full-scale carbon dioxide capture, transport and storage facility at Heidelberg Materials’ recently upgraded Mitchell, Ind., cement plant. He outlined the prospective award during a March 25 gathering of 100-plus at the 2.4-million-mtpy capacity operation.…

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The Benefits of Responsible Finance

To fund ongoing decarbonization efforts, Heidelberg Materials introduced a new Green Finance Framework, which is aligned with the most recent best market practices and standards.  The company intends to issue Green Bonds to finance and/or refinance assets and capital expenditure associated with economic activities that meet or will meet the eligibility criteria defined in the Green Finance Framework. This will…

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