HeidelbergCement AG Stock

Description HeidelbergCement

HeidelbergCement is a multinational building materials company based in Germany. It is one of the world's largest producers of cement, aggregates (crushed stone, gravel, and sand), and ready-mix concrete. The company operates in more than 50 countries, with approximately 52,000 employees.

HeidelbergCement's products are used in construction projects of all sizes, from small residential developments to large infrastructure projects like highways, airports, and bridges. The company's customers include architects, engineers, builders, and contractors.

In addition to its core business, HeidelbergCement is committed to sustainability, with environmental protection and responsible use of natural resources as key values. The company targets to reduce its carbon emissions by 30% by 2025 and has ambitious plans for further improvement of its environmental performance.

HeidelbergCement is listed on the Frankfurt Stock Exchange, and its shares are also traded on the OTC market in the US. As of August 11, 2021, the company's market capitalization was approximately 21 billion euros.

Competitors of HeidelbergCement

HeidelbergCement is a global building materials company that produces and distributes cement, concrete, aggregates, and other related products. Some of its biggest competitors in the industry include:

1. LafargeHolcim - It is a Swiss company and the world's largest cement manufacturer. It operates in more than 70 countries and has a strong presence in North America, Europe, and Asia.

2. Cemex - It is a Mexican cement and building materials company with operations in over 50 countries. It is the largest producer of cement in Mexico and has a significant presence in the United States, Europe, and Asia.

3. CRH plc - It is an Irish building materials company that produces and distributes cement, aggregates, asphalt, and other related products. It has operations in over 30 countries, including the United States, Europe, and Asia-Pacific.

4. Buzzi Unicem - It is an Italian cement and building materials company that operates in 12 countries, including the United States, Europe, and Asia. It is known for its high-quality products and innovative solutions in the construction industry.

All of these companies are major players in the building materials industry and compete with HeidelbergCement for market share and profitability.

Suppliers of HeidelbergCement

HeidelbergCement is a multinational building materials company with operations in over 60 countries. As a listed company, it has several important suppliers that contribute to its products and services.

The most important suppliers for HeidelbergCement include:

1. Raw materials suppliers: HeidelbergCement sources raw materials such as limestone, clay, sand, and iron ore from various suppliers located in different parts of the world.

2. Energy suppliers: HeidelbergCement relies heavily on energy suppliers to power its operations. Energy suppliers provide the company with electricity, natural gas, and other forms of energy needed to operate its production facilities.

3. Transport and logistics providers: The company relies on transport and logistics providers to move raw materials, intermediates, and finished goods from one location to another. These providers include shipping companies, rail and road transport providers, and trucking companies.

4. Equipment and machinery suppliers: HeidelbergCement needs a range of equipment and machinery to operate its production facilities. These include crushers, milling machines, kilns, and other industrial equipment. Equipment and machinery suppliers play a crucial role in ensuring that HeidelbergCement maintains its production facilities effectively.

Overall, the suppliers of HeidelbergCement are crucial to the success of the company's operations. The company relies on these suppliers to provide it with the materials, energy, and equipment needed to produce and deliver its products to customers around the world.