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An announcement from Holcim ( (CH:HOLN) ) is now available.
Holcim has secured EU funding for its Carbon Hub CPT 01 project in Campulung, Romania, marking Eastern Europe’s first large-scale onshore carbon capture and storage (CCS) initiative. This project aims to produce 2 million tons of near-zero cement annually from 2032, aligning with the EU’s Clean Industrial Deal and Holcim’s NextGen Growth 2030 strategy. The initiative, supported by an industrial consortium including Carmeuse, will leverage proven CCS technology to advance sustainable innovation and create high-quality jobs in Romania. Holcim now leads the industry with eight EU-supported carbon capture projects across Europe, enhancing its position in the sustainable construction sector.
The most recent analyst rating on (CH:HOLN) stock is a Buy with a CHF77.50 price target. To see the full list of analyst forecasts on Holcim stock, see the CH:HOLN Stock Forecast page.
More about Holcim
Holcim is a leading partner in sustainable construction, with net sales of CHF 16.2 billion in 2024. Headquartered in Zug, Switzerland, the company operates in 44 markets across Europe, Latin America, and Asia, Middle East & Africa, employing over 45,000 people. Holcim provides high-value building materials and solutions, including brands like ECOPlanet, ECOPact, and ECOCycle®.
Average Trading Volume: 1,099,511
Technical Sentiment Signal: Strong Buy
Current Market Cap: CHF38B
Find detailed analytics on HOLN stock on TipRanks’ Stock Analysis page.