Displaying items by tag: Germany
Germany: The Supervisory Board of Heidelberg Materials has extended the mandate of Dr Dominik von Achten as chair of the Managing Board for an additional three years, until 31 January 2028. Dr von Achten has been leading the company since February 2020 and according to Heidelberg Materials, he has been instrumental in its global growth and the digitalisation and decarbonisation of the building materials industry, complemented by strong financial performance.
Dr Bernd Scheifele, chair of the Supervisory Board said “With Dr von Achten, we have an experienced manager at the helm of the company who has excellently positioned Heidelberg Materials on a global scale and set the course for the future with great commitment.” He continued "We look forward to continuing the trustful work with him. We are convinced that he will keep driving the transformation into a sustainable and digital future with verve and continue to successfully lead the company in the coming years.”
Dr von Achten has been part of Heidelberg Materials' Managing Board since 2007, serving as deputy chair since 2015 and as chair since 2020.
Germany: According to a new study backed by the German Cement Works Association (VDZ), the country's cement and lime industries require carbon capture and storage (CCS) for decarbonisation. The study outlines the need for a 4800km CO2 transport pipeline in Germany by 2035.
The VDZ warns that any delay could jeopardise Germany's 2045 climate neutrality target and estimates the investment for the new CO2 grid at €14bn. The network is expected to transport 6.5Mt/yr of CO₂ by 2030, increasing to 46Mt by 2045. Additionally, CCS transit from Switzerland, Austria and France is expected to contribute 15 - 20Mt.
VDZ president Christian Knell said "Cement manufacturers and other industries in the EU emissions trading system must produce largely climate-neutrally by 2040."
Humboldt Wedag India partners with KIMA Process Control
14 March 2024India/Germany: Humboldt Wedag India (HW India) has become the exclusive sales and service partner for KIMA Process Control. This partnership enhances HW India's offerings with KIMA's advanced products and is expected to lead to significant cost savings, increased profitability, and enhanced competitiveness for Indian cement manufacturers.
"We are excited to partner with KIMA Process Control, a global leader in cement process optimisation. This collaboration will help us deliver innovative solutions and exceptional value to our customers." said Ashok Dembla, President of HW India. Dirk Schmidt, Director of KIMA Process Control, also expressed his enthusiasm for the partnership, highlighting HW India's understanding of the Indian market and technical expertise.
Germany: Australia-based Calix confirmed that its LEILAC-2 project will take place at Heidelberg Materials’ cement plant in Ennigerloh, Germany. This follows Heidelberg Materials' decision to cease clinker production at its Hanover cement plant. The project, which aims to capture CO₂ emissions from cement production, already has a system design ready for construction at Ennigerloh.
LEILAC CEO Daniel Rennie said "The LEILAC technology represents a scalable and economical solution to address the carbon dioxide emissions produced unavoidably by the cement and lime industries, and the rapid demonstration of such solutions is essential to achieving our industrial decarbonisation goals."
Germany: Heidelberg Materials has secured a patent for a new method for producing Portland composite cement (PCC) using calcined clay and recycled waste cement. GlobalData News has reported that the process involves grinding clay with quartz and feldspar and calcining the clay, before mixing it with the cement. The PCC’s cement content varies from 30% to 80%, while its calcined clay content varies from 10% to 70%.
German government launches carbon capture and storage framework
29 February 2024Germany: The German government published its new carbon management strategy and draft carbon storage law (KSpG) on 26 February 2024. The KSpG revises understandings of carbon neutrality to include CO2 savings made through carbon capture and storage (CCS). The government says that the legislation primarily aims to support hard-to-abate sectors like cement, while coal-fired power plants will be barred from future CO2 pipeline access. Heidelberg Materials CEO Dominik von Achten was alongside politicians at the strategy launch. The producer’s Brevik cement plant in Norway is set to become carbon neutral through the capture and storage of 400,000t/yr of CO2.
German Federal Minister for Economic Affairs Robert Habeck said "Achieving our climate targets without CCS is impossible."
Robecco announces death of Robert Becker
26 February 2024Germany: Robecco has announced with sadness the death of its founder and managing director Robert Becker, following a short, serious illness. The company said that Becker’s legacy will continue to influence it. It said that it will be happy to answer any questions or concerns of customers or partners.
Robecco said “Robert Becker was not only an outstanding entrepreneur, but also an extraordinary person who shaped our company with his commitment, his vision and his tireless efforts. His legacy will live on in our hearts and in the DNA of our company.” It added “Despite the heavy loss, we assure you that business will continue as usual in all areas of the company. We are determined to honour the legacy of Robert Becker and to continue his legacy.”
Heidelberg Materials may follow other groups with US listing
26 February 2024Germany/US: Heidelberg Materials CEO Dominik von Achten spoke during the producer’s 2023 results presentation about ‘various scenarios’ to maximise the benefits of its high valuation in the US. Börsen-Zeitung News has reported that the company is considering a possible listing in the US. Alternative scenarios include the launch of an initial public offering (IPO) there.
Heidelberg Materials grows sales in 2023
22 February 2024Germany: Heidelberg Materials reported sales growth of 0.4% in 2023, to €21.2bn. The group saw its profits grow by 21%, from €1.72bn to €2.09bn. During the year, the company reduced its specific CO2 emissions per tonne of cementitious material by 3% from 551kg to 534kg and lowered its clinker factor from 72% to 70%.
Chair Dominik von Achten said "In the 150th year of our company's history, we have once again shown that we can deal with change and crises. I am extremely proud of our teams around the world, who have remained firmly focused on our targets and have once again done an extraordinary job." He added "We are entering 2024 with optimism. Although the general economic conditions in the construction sector remain challenging, we anticipate growth in revenue and earnings also in the current year. Our shareholders are benefitting from this growth thanks to the progressive dividend and the new, comprehensive share buyback programme.”
Peter Erbel appointed as Country Manager, Germany at CheckProof
21 February 2024Germany: Sweden-based CheckProof has appointed Peter Erbel as its Country Manager, Germany. Erbel previously worked for FLSmidth and associated companies from 2007 to 2023 in sales, product and project management roles.
CheckProof is a software-as-a-service company supplying heavy industry markets including aggregate, asphalt, cement, ready mix concrete and heavy machinery. The company says it has seen strong, continual growth in Germany and appointing Erbel is planned to support existing clients and grow the business in Germany, Switzerland and Austria. CheckProof has clients in 38 countries.