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HeidelbergCement, the world's No.2 cement maker, is rebranding itself as Heidelberg Materials, the German company said on Tuesday, in a bid to better reflect its role as a supplier in the... | September 20, 2022
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HeidelbergCement , the world's No. 2 cement maker, launched a fresh 500 million euro ($579 million) savings programme to battle cost inflation, after higher energy costs caused a 11% drop in core profit.
Following the planned retrofit, which will cost at least 100 million euros ($122 million), the plant will be able to capture up to 1.8 million tonnes of carbon dioxide per year, which corresponds to the site's total emissions.
HeidelbergCement keeps 2021 outlook after strong Q1 Published 1 hour ago FRANKFURT (Reuters) -HeidelbergCement, the world's second-largest cement maker, on Wednesday kept its outlook for slightly higher sales and core profit in 2021, supported by stimulus programmes around the world it says will boost construction activity. "The very good first quarter confirms our optimistic outlook for 2021," Chief Executive Dominik von Achten said. "We expect continued strong demand in private residential construction and infrastructure in all regions." Stimulus programmes launched by governments to help ...
Read more about HeidelbergCement saw good start to 2021, 2020 core profits up by 6% on Business Standard. "There should be a tailwind from infrastructure programmes, for example in the USA, Australia, India and Italy," Chief Executive Dominik von Achten said