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Dominik von Achten - 4 — - 2 ” - 2 Jeff Germain - 1 Germain - 1 David Kelly - 1 Brandes - 1 He's - 1
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Search resuls for: "Heidelberg Materials"


15 mentions found


☆ 'The U.S. is fast-growing, but I wouldn't give up Europe,' Heidelberg Materials CEO says
  + stars: | 2024-11-07 | 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 Email'The U.S. is fast-growing, but I wouldn't give up Europe,' Heidelberg Materials CEO saysHeidelberg Materials CEO Dominik von Achten joins CNBC after the group raised its full-year outlook amid a strong performance in North America.
Persons: Dominik von Achten Organizations: Heidelberg, CNBC Locations: U.S, North America
☆ Heidelberg Materials still going strong in Europe despite 'sluggish market,' says CEO
  + stars: | 2024-07-30 | 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 still going strong in Europe despite 'sluggish market,' says CEODominik von Achten, CEO of Heidelberg Materials, talks through the German company's latest earning results.
Persons: Dominik von Achten Organizations: Heidelberg, Heidelberg Materials Locations: Europe
☆ Make these 4 moves to capitalize on one of the best investing opportunities in 50 years, according to a top-1% fund manager who's dominated in the last decade
  + stars: | 2024-04-06 | by ( James Faris | ) www.businessinsider.com   time to read: +6 min
Read previewAlthough US stocks have been all the rage this year, a top-performing fund manager remains convinced that the most compelling investing opportunities are in international equities. Its 80% gain over the past five years is more than double that of the STOXX Europe 600 and is six-fold above the 13% return of Vanguard's Total International Stock Index ETF (VXUS). The Brandes International Equity Fund has been in the top 10% of its category in the last 10 years, according to Morningstar, which includes a top-1% finish in 2023. AdvertisementOnce the fund manager finds stocks that fit this bill, he thinks more like a business owner than a stock trader. Of all the opportunities in international markets, Germain is especially drawn to four stocks across various countries and industries.
Persons: —, Jeff Germain, Germain, David Kelly, Brandes, He's, " Germain, Royce Organizations: Service, Vanguard's, Stock, Business, Brandes Investment Partners, Brandes International Equity Fund, JPMorgan Asset Management, Morningstar, Heidelberg, Embraer, Royce, Heineken Locations: German, Brazil, Britain
☆ Big Oil's favorite climate solution is 'like trying to push water uphill,' climate chief says
  + stars: | 2024-02-28 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com   time to read: +2 min
This photograph taken on February 27, 2024, shows the the Heidelberg Materials cement plant in Antoing, during a press visit. The cement plant intends to equip it's kiln with a carbon capture facility, which will enable the Antoing plant to achieve a net-zero carbon balance. Jim Skea, the head of the U.N.'s Intergovernmental Panel on Climate Change, warned on Tuesday that scaling up carbon capture still faces significant challenges. "CCS is much more like trying to push water uphill to get it into technological systems, it is more challenging." Skea's comments came during the first day of International Energy Week, formerly known as International Petroleum Week — a three-day global energy conference in London that convenes senior industry figures.
Persons: Jim Skea, Skea Organizations: International Energy, International Petroleum Locations: Heidelberg, Antoing, London
☆ 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
☆ Georgia Case Over Railroad's Use of Eminent Domain Could Have Property Law Implications
  + stars: | 2023-11-27 | by ( Associated Press | Nov. | At A.M. | ) www.usnews.com   time to read: +4 min
ATLANTA (AP) — It's a fight over land in one of rural Georgia's poorest areas, but it could have implications for property law across the state and nation. A hearing officer will take up to three days of testimony, making a recommendation to the five elected members of the Georgia Public Service Commission, who will ultimately decide. Railroads have long had the power of eminent domain, but Georgia law says such land seizures must be for “public use." “This is not a taking of necessity from private property owners to serve truly public interests and the public as a whole. The case matters because private entities need to condemn private land not only to build railroads, but also to build other facilities such as pipelines and electric transmission lines.
Persons: —, Donald Garret Sr, won’t, ”, Daniel Kochan, Ben Tarbutton III, Janet Paige Smith, ” Smith Organizations: ATLANTA, Georgia Public Service Commission, Sandersville Railroad, CSX, Atlanta . People, Heidelberg Materials, Sandersville, Institute for Justice, Railroads, Virginia's George Mason University, Community Coalition, Southern Poverty Law Locations: Georgia's, Georgia, Sparta, Atlanta, New London , Connecticut, Heidelberg
☆ Building Green: New Technologies to Create Less Polluting Cement
  + stars: | 2023-08-24 | by ( Yusuf Khan | ) www.wsj.com   time to read: +8 min
Roughly 7% of all carbon emissions today come from cement production, making it one of the highest-emitting industrial sectors, according to the consulting firm McKinsey. PREVIEW“Concrete is an essential building material,” said Claude Loréa, director of cement, innovation and ESG at the Global Cement and Concrete Association. About two thirds of the clinker emissions are released by the limestone when heated while the rest come from the combustion of fuels to create the heat. Increased efficiencyOne way the industry is looking to improve sustainability in cement production is by targeting efficiency gains. Cemex, one of the world’s largest cement producers, has been working with Switzerland-based Synhelion to produce clinker using solar energy rather than coal.
Persons: ”, Claude Loréa, Aidan O’Sullivan, ” O’Sullivan, Gianluca Ambrosetti, Christoph Beumelburg, Rick Fox, Fox, Partanna, Hurricane Dorian, Yusuf Khan Organizations: McKinsey, Sustainable Business, Global, Concrete Association, Carbon Re, International Energy Agency, IEA, Shell, National Basketball Association Locations: portland, Spain, Switzerland, Heidelberg, Brevik, Norway, Bergen, “, Delaware, Bahamas, Vegas, yusuf.khan
☆ A retired Georgia couple is fighting back against a railroad company that wants to take land their family has owned for generations
  + stars: | 2023-05-13 | by ( Sam Tabahriti | ) www.businessinsider.com   time to read: +6 min
A retired Georgia couple is battling a railroad company that wants their land. The couple is part of a group fighting Sandersville Railroad's plan to use the eminent domain process. The Institute for Justice has accused the railroad company of abusing eminent-domain power. Blaine and Marvin Smith own separate parcels of land, both of which Sandersville's push for eminent domain would impact. Institute for JusticeBen Tarbutton III, a representative for Sandersville Railroad, said the company disagreed "with the assertions made by the Institute for Justice."
☆ Holcim shrugs off interest rate fears to raise guidance
  + stars: | 2023-04-21 | by ( John Revill | ) www.reuters.com   time to read: +3 min
Other countries such as Britain have also seen downturns this year, as higher interest rates weigh on building projects. But Holcim was undeterred, raising its outlook after what it called a strong start to the year. Holcim's first-quarter sales fell to 5.73 billion Swiss francs ($6.41 billion) from 6.44 billion, but beating the 5.66 billion forecast by analysts in a consensus of estimates. Recurring operating profit fell to 493 million francs, but topped the 464 million which analysts had forecast. On a like-for-like basis, which cuts out the impact of divestments and currency swings, sales rose 8% and recurring operating profit increased by 12%.
☆ 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.
☆ 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.
☆ Germany girds for gas supply pain, targets $93 billion price relief plan
  + stars: | 2022-10-09 | by ( Holger Hansen | ) www.reuters.com   time to read: +4 min
Under a second stage of Germany's plan, the brake would cut the gas price to 12 cents from March through to the end of April 2024 on 80% of usage. For large industrial customers, a price brake of 7 cents is to apply to the procurement price from January 2023. Hans Juergen Kerkhoff, president of the German Steel Federation, said the scheme was a key building block to support companies during the energy crisis. Comparison portal Verivox said its calculations showed that the brake proposal would reduce household gas costs by around 41%. "The gas price brake is a very important first step that gives many companies back some confidence that they can overcome the crisis," VCI Managing Director Wolfgang Grosse Entrup said in a statement, calling for an electricity price brake as well.
☆ How Germany's industrial giants are preparing for winter
  + stars: | 2022-09-27 | by ( Victoria Waldersee | ) www.reuters.com   time to read: +7 min
Some industrial giants in particular gas-heavy industries like chemicals have begun shifting production and sourcing from elsewhere, while others are switching from gas to coal or oil - spelling trouble for their carbon footprint. 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. The carmaker can reduce its gas intake by at least 15% compared to last year, the company's chief financial officer said on Monday. 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. read moreA spokesperson declined to provide further information, saying an update would be provided later in October in line with third quarter results.
☆ 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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