HeidelbergCement – Concrete Products

HeidelbergCement invests in AI-mated maturity sensor technology

June 16, 2022June 16, 2022 Concrete News

Lehigh Hanson Inc. parent HeidelbergCement AG has taken a strategic minority stake in Ottawa-based Giatec, whose proprietary sensors equip producers and their customers to monitor concrete maturity in real time. Combined with artificial intelligence algorithms configured to integrate with a wide range of concrete industry software solutions, the sensor data augments cement optimization, quality control, and formwork operations. “Our investment…

Industry leaders ace climate audit

January 13, 2022January 13, 2022 Concrete News

By Don Marsh Three of the top five global cement, aggregate and concrete producers made the 2021 Climate Disclosure Project A List, reflecting transparency in environmental impact, greenhouse gas (GHG) emissions management and water resource metrics. Cemex S.A.B. de C.V., HeidelbergCement AG and Holcim AG are among 200 A List/Climate category performers from a pool of 10,000-plus companies. London-based Climate…

Lehigh Hanson closes on reserves-rich Corliss Resources

January 10, 2022January 10, 2022 Concrete News

Sources: HeidelbergCement AG; CP staff Lehigh Hanson Inc. has finalized the acquisition of Sumner, Wash.-based Corliss Resources Inc., one of the Pacific Northwest’s largest, family-owned aggregates and ready-mixed concrete producers. The deal includes sand & gravel operations with annual shipments of 2 million-plus tons, reserves exceeding 175 million tons, and four ready mixed concrete plants serving the Greater Seattle area,…

Tech ambitions drive HeidelbergCement to Command Alkon stake

September 28, 2021September 28, 2021 Concrete News

Sources: HeidelbergCement AG, Germany; Command Alkon, Birmingham, Ala.; CP staff Lehigh Hanson Inc. parent company HeidelbergCement has entered an agreement to take a 45 percent stake in Command Alkon, the global leader in software and information technology services for heavy building materials. San Francisco-based investor Thoma Bravo, which acquired Command Alkon last year, will retain a 55 percent interest. The…

Lehigh, Giant parents scrap Keystone Cement purchase agreement

June 9, 2021June 9, 2021 Concrete News

Sources: U.S. Federal Trade Commission; CP staff HeidelbergCement AG of Germany and Elementia S.A.B. de C.V. of Mexico, along with their North American subsidiaries—Lehigh Hanson Inc., Lehigh Cement Co. LLC and Giant Cement Holding, Keystone Cement Co., respectively—have terminated an agreement regarding the sale of Keystone’s Bath, Pa. plant to Lehigh Cement. The move responds to a U.S. Federal Trade…

New era, new home for HeidelbergCement

December 4, 2020December 4, 2020 Concrete News

HeidelbergCement has ushered in a new era with the opening of its revamped headquarters in Heidelberg, Germany after three years of construction. Designed by Frankfurt-based Albert Speer + Partner, the building is considered a sample project for sustainability that demonstrates the versatility of concrete.

Arbitrator closes HeidelbergCement earnout claim in Forterra’s favor

September 15, 2020September 21, 2020 Concrete News

Sources: Forterra Inc., Irving, Texas; CP staff

A neutral accounting arbitrator has determined that no earnout payment from concrete pipe and precast giant Forterra is due to HeidelbergCement AG under terms of a 2015 Hanson Building Products business spinoff, initially valued at $1.2 billion. HeidelbergCement had sought a $100 million earnout payment based on the fiscal 2015 performance of Hanson Building Products, whose Dallas-based suitor, Lone Star Fund IX (U.S.) LP, adopted the Forterra brand. The Delaware Court of Chancery deferred an EBITDA (earnings before interest, taxes, depreciation and amortization) calculation—central to the earnout payment clause—to the arbitrator in conjunction with a late-2017 dismissal of a HeidelbergCement suit.

Oxygen fuels cement producers’ carbon capture venture

December 11, 2019 Concrete News

Sources: HeidelbergCement AG, Germany; CP staff

The parent companies of Lehigh Hanson Inc., Buzzi Unicem and National Cement Co. have joined a fourth European peer on Cement Innovation for Climate or CI4C, a research corporation investigating the potential of oxygen fuel technology to maximize carbon dioxide capture in portland cement production.

Lehigh Hanson strengthens Mid-Atlantic footprint with Keystone

September 30, 2019 Concrete News

Sources: HeidelbergCement AG, Germany; CP staff

In a $151 million cash deal, Lehigh Hanson Inc. will acquire the 1.1 million ton per year capacity Keystone cement plant in Bath, Pa., from Giant Cement, a subsidiary of Mexico’s Elementia S.A.B. de C.V.