Heidelberg Materials to Close Paderborn Cement Plant

Dow Jones
03/06
 

By Nina Kienle

 

Heidelberg Materials said it would close a cement plant in west Germany due to a significant decline in cement sales driven by weak construction demand.

The German building materials group on Friday said a total of 53 employees would be affected by the closure of the Paderborn Cement Plant.

Solutions are being developed, that include internal transfers to nearby sites within the company, Heidelberg Materials said.

Open positions created through early retirement programs at neighboring cements plants are also being offered to the affected employees, it added.

The closure only applies to the cement plant, while activities from subsidiary Mineralik, as well as operations of the local ready-mixed concrete plant will remain unchanged, the group said.

The step is part of Heidelberg Material's optimization of its European production network, increasingly aligning its cement portfolio toward low-carbon products, it said.

 

Write to Nina Kienle at nina.kienle@wsj.com

 

(END) Dow Jones Newswires

March 06, 2026 06:11 ET (11:11 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10