Cement News tagged under: HeidelbergCement
HeidelbergCement steps up Slite CCS project01 June 2022, Published under Cement NewsFollowing positive results from a pre-feasibility study, HeidelbergCement and its Swedish subsidiary Cementa are taking their carbon capture and storage (CCS) project at the Slite cement plant in Sweden to the next stage. The installation on the Swedish island of Gotland will now be scaled up to capture up to 1.8Mta of CO 2 , equal to the plant’s total emissions and equivalent to three per cent of the country’s total emissions. In terms of capturing the CO 2 , the pre-feasibility study fo... |
HeidelbergCement buys 50% share in CBI20 May 2022, Published under Cement NewsHeidelbergCement has signed an agreement to acquire 50 per cent of shares of and invest into Continental Blue Investment SA (CBI) who controls the Ghanaian cement producer CBI Ghana . With this step, the HeidelbergCement will take part in the construction of the world’s largest flash calciner. In addition, HeidelbergCement will strengthen its presence in Ghana through CBI’s cement grinding operations. The joint venture partners are committed to exploring additional calcined cl... |
Cement giants in the running for Sika admixture business20 May 2022, Published under Cement NewsHolcim and HeidelbergCement are reportedly among the companies competing for Sika AG’s US admixtures business, which is believed to be valued at US$800m-1bn. Sika is selling off the asset to satisfy regulatory approval following its US$5.6bn purchase of German-based MBCC Group, formerly BASF Construction Chemicals, from an affiliate of Lone Star Funds in November 2021. According to Bloomberg, Turkish conglomerate Haci Omer Sabanci Holding AS is also interested in the Sika business, having pl... |
HeidelbergCement joins First Movers Coalition19 May 2022, Published under Cement NewsHeidelbergCement has joined the First Movers Coalition (FMC), a public-private partnership between the US State Department, the World Economic Forum and forward-thinking companies from different industry sectors. “We are pleased to actively engage with the First Movers Coalition, and to make a concrete impact towards our joint goals of accelerating new technologies on the way to net-zero,” says Dr Dominik von Achten, chairman of the Managing Board of HeidelbergCement. “Lowering carbon e... |
HeidelbergCement’s ReConcrete-360˚ wins award18 May 2022, Published under Cement NewsHeidelbergCement’s ReConcrete-360˚ concept has scooped the German Innovation Award for Climate and Environment (IKU) in the category ‘Process Innovations for Climate Protection’. ReConcrete-360˚ involves crushing demolished concrete using novel processes and selectively separating it into its components, including sand and gravel, and hardened cement paste. These can then be reused as a low-carbon raw material in clinker and cement production, replacing natural limestone. The hardened cement... |
Hanson UK and Shell sign net zero MoU13 May 2022, Published under Cement NewsHanson UK ( HeidelbergCement Gropup ) and Shell have signed a Memorandum of Understanding (MoU) to work together to explore opportunities that help facilitate the construction industry’s transition to net zero emissions. The two industry leaders have a mutual ambition to play a key role in decarbonising the road and construction sectors. Through the MoU, they aim to bring their diverse capabilities together to help both companies and their supply chains accelerate the transition to n... |
HeidelbergCement's announces dividend and new appointments at AGM13 May 2022, Published under Cement NewsHeidelbergCement held its 133rd Annual General Meeting on Thursday 12 May 2022 in virtual form announcing that f or the 2021 financial year, the shareholders will receive a dividend of EUR2.40 per share (previous year: EUR2.20). Total distribution amounts to around EUR458m. The dividend will be paid on 17 May 2022. Dr Dominik von Achten, chairman of the Managing Board, said with regard to the previous financial year: "2021 was a very good year for HeidelbergCement. We achieved ex... |
HeidelbergCement reports on a difficult 1Q2212 May 2022, Published under Cement NewsHeidelbergCement recorded sales volumes in most business lines around the same level of the previous year in the 1Q22. At 28.4Mt (previous year: 28.4Mt), group-wide cement and clinker sales volumes remained at the previous year’s level. The consolidation-related decline in sales volumes in North America resulting from the sale of the group's activities in the west region in October 2021 was offset by the growth in sales volumes in the other group areas. Excluding consolidation effects, cem... |
HeidelbergCement parters Giatec Scientific with a minority investment11 May 2022, Published under Cement NewsHeidelbergCement continues to advance its digital transformation by acquiring a strategic minority stake in Canada-based technology company Giatec Scientific through a low single-digit million euro investment. Together with its new partner, HeidelbergCement will drive the development and adoption of industry-leading sensor technology and AI-driven software with the clear target to reduce the carbon footprint of concrete and optimise processes for its ready-mixed concrete customers. Giat... |
Inside Lehigh Hanson’s Mitchell K4 project09 May 2022, Published under Cement NewsLehigh Hanson’s Mitchell K4 project represents one of the largest and most significant investments in new capacity for parent company HeidelbergCement. As a leading North American cement producer, Lehigh Hanson’s investment represents long-term focus on the US-Midwest market through state-of-the art production technology that will increase efficiencies and lower the company’s carbon footprint along the way. By Lehigh Cement, USA An overview of the Lehigh Hanson Mitchell K4 project... |