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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| CRH Plc | NYSE:CRH | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 73.08 | 0 | 09:43:57 |
From Jun 2023 to Jun 2024
By Dominic Chopping
STOCKHOLM--Volvo has signed an agreement with Irish building-materials supplier CRH as two companies aim to accelerate net-zero innovations in the design and deployment of on-road vehicles and off-road equipment used in construction.
Swedish truck maker Volvo said Tuesday that the memorandum of understanding will focus on next generation technology deployment, scaling, and operational efficiency.
CRH, which moved its primary listing to New York in September, aims to identify opportunities to maximize the value of sustainable innovation in construction, while Volvo will contribute with expertise from its truck and construction equipment brands in sustainable transport and infrastructure solutions.
Volvo's target is to have 35% fully electric sales by 2030 and be net-zero in its value chain by 2040. CRH is targeting a 30% reduction in groupwide emissions by 2030 and to become a net-zero business by 2050.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
November 14, 2023 07:55 ET (12:55 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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