Heidelberg Cement news

The company has reviewed the business prospects of all significant local business units of the group in the second quarter of 2020, considering the expected effects of the COVID 19 pandemic on the business.

Besides the topic of climate protection, the report documents the company’s activities regarding human rights and compliance as well as occupational health and safety.

HeidelbergCement has been active in a number of national Green Building Councils for many years, and intends to expand this commitment in its new role as Regional Partner of the ERN.

The company held its 131st Annual General Meeting virtually on 04 June due to the coronavirus pandemic.

The company has had a positive start to year, although due to the impact of the coronavirus its 2020 outlook remains uncertain.

The company is to introduce short-time work for employees in Germany, while the Supervisory Board and the Management Board of the company are to waive 20 % of their fixed salaries in Q2 2020.

The April issue of World Cement and its special North America supplement are now available online!

The company has priced a Eurobond issue (ISIN XS2154336338) under its €10 billion EMTN programme with an issuance volume of €650 million and a maturity date of 9 October 2024.

HeidelbergCement’s British subsidiary, Hanson UK, is to take part in a research project on the use of climate-neutral fuels for cement production.

The company has shared its results for 2019 and its initial outlook for 2020.