HeidelbergCement entered an agreement to take a 45% stake in Command Alkon, the global leader in software and information technology services for heavy building materials. San Francisco-based investor Thoma Bravo, which acquired Command Alkon last year, will retain majority ownership. The agreement is subject to regulatory approvals, which the parties anticipate clearing by year end. Through each other’s efforts and…
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HeidelbergCement Sees Success With Net Zero Fuel Mix
As part of a world-first demonstration using hydrogen technology, HeidelbergCement subsidiary Hanson UK successfully operated a cement kiln at the Ribblesdale plant using a net zero fuel mix.
Read MoreHeidelbergCement: ‘Excellent Results’ in First Half of 2021
HeidelbergCement reported that the respectable sales volume development seen in the first quarter of 2021 continued into the second quarter. In the first half of the year, total sales volumes increased significantly in all business lines in comparison with the previous year.
Read MoreHeidelbergCement Races to Climate Neutrality
HeidelbergCement continues to drive decarbonization efforts by signing the Business Ambition for 1.5°C Commitment. Led by the Science Based Targets initiative (SBTi) in partnership with the UN Global Compact and the “We Mean Business” coalition, the initiative aims to limit global warming to 1.5°C and achieving net zero carbon emissions by 2050 at the latest.
Read MoreHeidelbergCement Releases Sustainability Report 2020
HeidelbergCement published its Sustainability Report for the 2020 financial year. On more than 100 pages, the company’s 12th Sustainability Report provides detailed information about the its path to climate neutrality and its strategy and activities in the areas of environment, social responsibility, and governance.
Read MoreHeidelbergCement Reports Strong First Quarter
In the first quarter of 2021, HeidelbergCement reported group revenue increased by 0.7% to €3,958 million, compared to the prior year period. Excluding consolidation and currency effects, the increase was 4.3%.
Read MoreHeidelbergCement to Build First Carbon-Neutral Cement Plant
HeidelbergCement plans to upgrade subsidiary Cementa’s Slite plant in Sweden into the world’s first carbon-neutral cement plant by 2030.
Read MoreHeidelbergCement Announces Major Board Changes
In line with HeidelbergCement’s “Beyond 2020” strategic targets, the company’s supervisory board has established two new positions on the managing board in order to further drive the company’s major transformation in sustainability and digitalization– chief sustainability officer and chief digital officer.
Read MoreMartin Marietta Heads West with $2.3B Lehigh Hanson Deal
Martin Marietta will significantly boost its West Coast presence in a $2.3 billion cash deal for the bulk of Lehigh Hanson’s West Region operations in Arizona, California, Nevada and Oregon. The acquisition provides the company with a new upstream materials-led growth platform across several of the nation’s largest and fastest growing megaregions.
Read MoreHeidelbergCement Reports 2020 Results
HeidelbergCement presented preliminary, unaudited figures for the full year 2020. In a difficult market environment, the result from current operations before depreciation and amortization rose like-for-like by 6% to a record €3.7 billion. Consistent implementation of the company’s COPE action plan led to cash savings of around €1.3 billion.
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