HeidelbergCement 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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LafargeHolcim Joins MIT Climate and Sustainability Consortium

LafargeHolcim has joined the MIT Climate and Sustainability Consortium (MCSC) as a founding member, representing the building materials industry, to accelerate climate action through innovation. The company joins a range of influential other sector leaders to work with MIT’s world-class research teams to develop scalable solutions to tackle climate change. 

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November Cement Shipments Up 9%

Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in November 2020 were 8.6 million metric tons (Mt), a 9% increase from shipments in November 2019, according to the most recent USGS Mineral Industry Survey. Shipments for the year through November totaled 95.3 Mt, a slight increase from those for the same period in…

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LafargeHolcim, Schlumberger New Energy to Explore CCS Solutions

LafargeHolcim and Schlumberger New Energy announced a partnership to develop carbon capture and storage (CCS) solutions. The two companies will study the feasibility of capturing carbon from two LafargeHolcim cement plants, based in Europe and North America, using Schlumberger’s carbon sequestration technologies. 

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