Earlier this year, Jessica Palmer, executive director of the South Carolina Aggregates Association, shared an association LinkedIn post, simply titling it “Mustard Seeds.” The post highlights the importance of engaging the next generation and exposing them to the opportunities that exist in the trades. It noted that “change starts with us, and often times, making the greatest impact is as…
Read MoreTag: Heidelberg Materials
DOE Nod Advances Heidelberg Materials’ $1B Carbon Capture Project
U.S. Department of Energy Under Secretary for Infrastructure David Crane announced his agency’s plan to negotiate an award up to $500 million to help fund a full-scale carbon dioxide capture, transport and storage facility at Heidelberg Materials’ recently upgraded Mitchell, Ind., cement plant. He outlined the prospective award during a March 25 gathering of 100-plus at the 2.4-million-mtpy capacity operation.
Read MoreHeidelberg Looks Ahead
Feb. 23, 2024 – Heidelberg Materials released its latest financial report. Once again, another executive likes what he sees up ahead. “Despite a persistently difficult market environment, we closed the past financial year with a record result,” said Dominik von Achten, chairman of the managing board of Heidelberg Materials. The company stated in the report: “We are optimistic about the…
Read MoreHeidelberg Materials Group Revenue Up 4%
Heidelberg Materials reported results from financial year 2023. While Group revenue rose slightly by 4% to €21.2 billion in a weak market environment, the result from current operations rose by 29% to €3.0 billion. Specific net CO₂ emissions were reduced by a further 3% compared with the previous year. “Despite a persistently difficult market environment, we closed the past financial…
Read MoreHeidelberg Materials Partners With BirdLife International
Heidelberg Materials and BirdLife International, the world’s largest network of nature conservation organisations, have extended their long-standing partnership. The partners signed a memorandum of understanding covering the next three years and setting the course for continued long-term collaboration.
Read MoreMSHA Impact Inspections Target 16 Mines in 11 States in December
The U.S. Department of Labor announced that its Mine Safety and Health Administration (MSHA) completed impact inspections at 16 mines in 11 states in December 2023, issuing 247 violations. The agency began conducting impact inspections after an April 2010 explosion in West Virginia at the Upper Big Branch Mine killed 29 miners. MSHA’s impact inspections in 2023 identified 2,739 violations,…
Read MoreHeidelberg Materials Hosts Athens, Ga., Legislative Delegation
Heidelberg Materials hosted a quarry tour at its Athens Quarry on Oct. 19, according to the Georgia Construction Aggregate Association. Legislative members attending included Sen. Frank Ginn, Rep. Houston Gaines, Rep. Spencer Frye and Rep. Marcus Wiedower. The Athens area has an outstanding delegation at the Capitol and this delegation is committed to solid infrastructure funding in our state, stated Jeff…
Read MoreHeidelberg Materials Reports Preliminary Financial Figures
Heidelberg Materials reported preliminary financial figures for the third quarter 2023, including revenue amounts to €5,611 million (previous year: €5,852) in the third quarter 2023. The capital market expects €5,694 million for this figure. The preliminary result from current operations before depreciation and amortisation (operating EBITDA) amounts to €1,393 million (previous year: €1,193) in the third quarter 2023. The capital…
Read MoreHeidelberg Materials Acquires Aggregate Assets of Bach & Co.
Heidelberg Materials North America has acquired the aggregate assets of Bach & Co. in New York. The assets include a sand and gravel site and additional high-quality reserves within the company’s existing northern New York footprint.
Read MoreSummit Materials Mystery Bidder Revealed
Oct. 25, 2023 – According to Bloomberg, Heidelberg Materials is the mystery bidder that Summit Materials referenced in a recent proxy filing. The company said it had rejected two takeover proposals from an unnamed suitor with the latest made on Oct. 18 for $38 per share. Bloomberg’s sources said Heidelberg has been working with advisers on its pursuit of Summit and made approaches…
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