Heidelberg Materials has decided to pause its flagship GeZero project in Geseke, Germany, in its current form because despite all efforts, the implementation of the project cannot progress as planned. Current framework conditions are not yet sufficient to support a…
In October 2024, the ex-works cement prices in Germany (calculated from cement volume and T/O) are almost stable at 118.07 €/t, after 117.22 €/t in June 2024.
Inmocemento, the cement and real estate spin-off from Spanish construction company FCC, said it expects its shares to begin trading on November 12th at a market value of 1.93 billion euros (US$2.1 billion). The company, which comprises 454.9 million shares,…
The Greensand carbon capture and storage (CCS) project in Denmark is the world’s first cross-border offshore CO2 storage reservoir. From 2025 about 0.4 Mta CO2 shall be stored in the Nini West reservoir in the North Sea, 1800m below the…