Cement News tagged under: Heidelberg Materials
Heidelberg Materials launches Green Finance Framework30 May 2024, Published under Cement NewsHeidelberg Materials has announced the launch of a Green Finance Framework to help fund the ongoing transformation and decarbonisation of the building materials sector. 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. According to Heidelberg Materials, this will complement the sustainable finance portfolio contrib... |
Driving sustainability across North America28 May 2024, Published under Cement NewsA multi-faceted commitment to reduce environmental impact, optimise resources and meet rising demand has resulted in some creative and operationally impressive projects across Heidelberg Materials’ US and Canada portfolio in the last year. By Neal Parlatore and Shahid Ahmed, Heidelberg Materials North America, USA To increase the use of alternative fuels in its Edmonton plant in Canada, Heidelberg Materials built a range of equipment to facilitate the supply of alternative fuels ... |
Heidelberg Materials UK acquires B&A Group22 May 2024, Published under Cement NewsHeidelberg Materials UK has acquired B&A Group, one of the leading construction soil and aggregate recycling companies in southwest England. The Bristol-based company employs a team of 70, and specialises in the supply of recycled and primary aggregate as well as site clearance, earthworks, land remediation and sustainable land regeneration. It had its most successful year to date in 2023, turning over in excess of GBP50m (US$63.7m) and making a posting pretax profit of GBP9.1m. Accordi... |
C-Capture partners with Heidelberg Materials on carbon capture trial10 May 2024, Published under Cement NewsC-Capture, a UK-based developer of next generation technology for carbon dioxide removal, has launched a new carbon capture trial in partnership with Heidelberg Materials . The trial, which utilises C-Capture’s innovative solution for industrial decarbonisation, is taking place at Heidelberg Materials' cement plant in Ketton , Lincolnshire, UK. It forms part of C-Capture’s national project, ‘XLR8 CCS – Accelerating the Deployment of a Low-Cost Carbon Capture Solution for Hard-to-Abate... |
Heidelberg Materials sees revenue dip 8% YoY in 1Q2407 May 2024, Published under Cement NewsHeidelberg Materials has reported an eight per cent YoY decline in revenue to EUR4488m in the opening quarter of 2024. According to the company, the fall was the result of lower sales volumes due to poor weather conditions in key regions and a reduced number of working days in the quarter, although these factors were partially offset by positive price momentum in the individual core markets. The result from current operations before depreciation and amortisation (RCOBD) over the first quar... |
Heidelberg Materials acquires Malaysia's largest pulverised fly ash supplier03 May 2024, Published under Cement NewsHeidelberg Materials has entered into a definitive purchase agreement to acquire ACE Group,the largest supplier of pulverised fly ash in Malaysia, effective 1 May 2024. The acquisition strengthens circularity within Heidelberg Materials’ value chain in Southeast Asia, according to the company. Reusing fly ash from energy generation contributes significantly to reducing the CO2 intensity of composite cement while used as an additive, fly ash can replace part of the energy-intensive clinker ... |
Heidelberg Materials UK opens new recycling hub24 April 2024, Published under Cement NewsHeidelberg Materials UK has opened a new recycling hub at its Appleford depot in Oxfordshire, UK. It is the first of several planned this year as part of the company’s strategy to conserve natural materials and promote the circular economy. The Appleford hub will recycle construction waste, diverting it away from landfill and processing and reusing it to deliver sustainable products to its customers. It means the site is now a one-stop shop for customers, supplying primary aggregate, r... |
HeidelbergCement Bangladesh to change its name23 April 2024, Published under Cement NewsHeidelbergCement Bangladesh Ltd has called the Annual General Meeting (AGM) scheduled for 8 May 2024 to approve some important company matters and change the company’s name in Bangladesh. This follows the announcement that one of the company’s major shareholders, HeidelbergCement Netherlands Holding BV, changed its name to “Heidelberg Materials Netherlands Holding BV”, effective from 3 November 2023. It is to be noted that Heidelberg Materials Netherlands Holding BV (formerly known as H... |
Mitsubishi Heavy Industries awarded Canadian CCUS project15 April 2024, Published under Cement NewsMitsubishi Heavy Industries (MHI) has announced that it was awarded, alongside Kiewit Energy Group, a front end engineering design (FEED) contract for the carbon capture, utilisation and storage (CCUS) Project in Edmonton , Alberta, Canada. The technology is being deployed by Heidelberg Materials North America to develop a plant that potentially will, when fully operating, capture and store up to 1Mta of CO 2 from the cement plant with MHI’s proprietary CCUS technology. This project is ... |
Sabanci's growth to be driven by digitalisation and sustainability12 April 2024, Published under Cement NewsTurkish conglomerate, Sabanci, is accelerating investments across its business portfolio - including major investments into the cement division. This is comprised of CIMSA and Akcansa - its joint venture with Heidelberg Materials - making it the third-largest player in Turkey. These transformative investments aim to expedite the digitalisation process and to modernise the assets of its cement businesses, as well as improve their sustainability. Digital transformation Digital and art... |