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Top related persons:
Dominik von Achten - 2 Patrick Pleul - 1 CNBC's - 1 Klaus Wohlrabe - 1 Robert Habeck - 1 Wohlrabe - 1 It's - 1 Achten - 1
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Germany Ifo Heidelberg
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Getty - 1 Heidelberg Materials - 1 Ifo Institute for Economic Research - 1 Hamburg Commercial Bank - 1 PMI - 1 Climate - 1 Heidelberg - 1

Search resuls for: "Dominik von Achten"


6 mentions found


☆ Germany’s housebuilding sector is in a 'confidence crisis' as the economy struggles
  + stars: | 2024-02-23 | by ( Sophie Kiderlin | In | ) www.cnbc.com   time to read: +3 min
Patrick Pleul | Picture Alliance | Getty ImagesGermany's housebuilding sector has gone from bad to worse in recent months. "The housebuilding sector is, I would say, a little bit in a confidence crisis," Dominik von Achten, chairman of German building materials company Heidelberg Materials, told CNBC's "Squawk Box Europe" on Thursday. In January both the current sentiment and expectations for the German residential construction sector fell to all-time lows, according to data from the Ifo Institute for Economic Research. The business climate reading fell to a negative 59 points, while expectations dropped to negative 68.9 points in the month. Habeck pointed to higher interest rates as a key challenge for the economy, explaining that those had led to reduced investments, especially in the construction sector.
Persons: Patrick Pleul, Dominik von Achten, CNBC's, Klaus Wohlrabe, Robert Habeck, Wohlrabe, It's, Achten Organizations: Getty, Heidelberg Materials, Ifo Institute for Economic Research, Hamburg Commercial Bank, PMI, Climate Locations: Germany, Ifo, Heidelberg
☆ German housebuilding is in a 'confidence crisis,' Heidelberg Materials CEO says
  + stars: | 2024-02-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGerman housebuilding is in a 'confidence crisis,' Heidelberg Materials CEO saysHeidelberg Materials CEO Dominik von Achten discusses the company's results and the state of the German housebuilding sector.
Persons: Dominik von Achten Organizations: Heidelberg
☆ Heidelberg Materials CEO: Energy prices to remain volatile in 2023
  + stars: | 2023-02-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHeidelberg Materials CEO: Energy prices to remain volatile in 2023Dominik von Achten, CEO of the German building materials company, discusses its results and says it's positive about 2023.
☆ Germany backs Norwegian plan to capture carbon from cement
  + stars: | 2023-01-06 | by ( ) www.reuters.com   time to read: +2 min
Habeck's visit to the Norcem cement plant in Brevik, Norway, represents a shift in German policy back towards efforts to deal with planet-warming emissions by capturing them and making use (CCSU) of them in industrial processes. Projects have repeatedly stalled on issues of cost and environmental opposition as campaigners have been concerned carbon capture and storage can serve to prolong the use of fossil fuels. As cement-making inevitably emits carbon, its capture is necessary to mitigate pollution, and the Norwegian plant is meant to serve as a global blueprint, eventually capturing 400,000 tonnes of CO2 - half its emissions - per year. Germany aims to cut 65% of carbon dioxide emissions by 2030 compared with 1990 and to become carbon-neutral by 2045. During Habeck's visit, Norwegian state-controlled oil firm Equinor (EQNR.OL) and German utility RWE said separately they planned to develop a supply chain for low-carbon hydrogen.
☆ Heidelberg Materials CEO says the cost of raw materials is causing some delays
  + stars: | 2022-11-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHeidelberg Materials CEO says the cost of raw materials is causing some delaysDominik von Achten, CEO of Heidelberg Materials, discusses the company's third-quarter earnings, its transition to a more sustainable product portfolio, and how increased raw material costs are impacting the business.
☆ Factbox: How Germany's industrial giants are preparing for winter
  + stars: | 2022-09-27 | by ( Victoria Waldersee | ) www.reuters.com   time to read: +7 min
Industrial giants, in particular gas-heavy industries like chemicals, have begun shifting production and sourcing from elsewhere. It is now sourcing some of its ammonia from outside of Europe, where prices are lower, a spokesperson said. read moreBMW (BMWG.DE)BMW consumes around 3,500 gigawatt hours (GWh) of energy annually in Germany and Austria, three-quarters of which comes from natural gas. Chief executive Dominik von Achten said the company was shifting production at plants to times when power prices were lower, such as weekends. LINDEThe world's largest industrial gas company said in July it produced gases which were critical from a medical or process safety perspective and so believed it would be prioritised for gas allocation from Germany' government.
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