Cement News tagged under: France

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Vicat to revise 2020 outlook in view of coronavirus

30 March 2020, Published under Cement News

Vicat has warned that while its 2020 outlook needs to be revised in terms of the potential impact of COVID-19 on the cement producer’s business, it is not able at this stage to provide a detailed and accurate assessment of how its markets and financial performance will develop during the course of the year. Adaptation measures have already been implemented, including a plan to reduce operating costs and defer non-strategic capital expenditure.

Masaveu doubles US exports in 2019

27 February 2020, Published under Cement News

Masaveu has doubled its export shipments to the USA from its Tudela Veguín plant in Spain in 2019. The US is now the third-largest market for the cement producer, representing an export volume of 118,673t in 2019, compared to 50,061t in the previous year. The exports to the US account for 18.3 per cent of the company’s total exports. To improve its export operations the company inaugurated a new terminal in Muelle Norte, to expand its El Musel facility, at the end of 2019. It is the third ...

Hoffmann Green Cement Technologies appoints Head of New Construction

18 February 2020, Published under Cement News

Hoffmann Green Cement Technologies, a pioneer in low-carbon cement, has announced the appointment of Olivier Lefelle as Head of New Construction. He will oversee the construction of the two new production sites, H2 and H3, in Vendée and the Paris region respectively, each of which will have a capacity of 250,000tpa of low-carbon cement. Julien Blanchard and David Hoffmann, co-founders of Hoffmann Green Cement Technologies, state: "Olivier’s mission will be to oversee the construction of o...

Vicat reports 6% increase in consolidated sales for 2019

14 February 2020, Published under Cement News

Vicat has reported a 6.1 per cent increase in consolidated sales to EUR2.74bn for 2019, rising from EUR2.58bn in the previous year. EBITDA showed a similar 6.9 per cent YoY growth to EUR526m from EUR492m, while the EBITDA margin edged up to 19.2 per cent from 19.1 per cent in 2018. "The Vicat Group’s solid performance in 2019 reflects the relevance and robustness of its business model. Strong growth in France, India, the USA, Africa and Kazakhstan helped offset difficult market conditions i...

Vicat christens its first bulk cement carrier

12 February 2020, Published under Cement News

Vicat recently christened its first bulk cement carrier 'Capo Cinto' in Nice, France. As well as confirming the French company’s community focus in the southeastern part of the country, Vicat’s acquisition of its first bulk cement carrier, under a partnership with maritime logistics specialist ABCRM, is proof of enduring support for its business in Corsica, and it boosts the quality of the service afforded to local customers, the company said. The acquisition of Vicat's first bulk carrier s...

Hoffmann Green granted US patent

30 January 2020, Published under Cement News

France-based Hoffmann Green Cement Technologies has been granted a patent for its H-P2A technology in the USA. H-P2A (High-Performance Alkaline Activation) is a geopolymer technology enabling low-carbon cements to be formulated, based on the use of co-products produced by industry, according to a press release. "The granting of this patent for our H-P2A technology in the United States is fully in line with our research and development strategy. We have a duty to anticipate and protect ou...

Hoffmann Green meets targets and reaffirms future

22 January 2020, Published under Cement News

France-based Hoffmann Green has announced that it met its low-carbon cement production and sales target of 1000t during 2019, following the opening of its first production site in Vendée.   "These 1000t of low-carbon cement represent a first major milestone in our industrial and commercial development. This marks the beginning of a real paradigm shift in the construction sector for building tomorrow's sustainable cities. Encouraged by this success, in 2020 and subsequent years, we will focus...

Eqiom tests intermodal cement transport

17 December 2019, Published under Cement News

In the last three weeks, France-based cement producer  Eqiom has been testing the movement of cement by intermodal transport. The company hopes to find a new solution via road and inland waterways to supply its customers in Ile-de-France with up to 25 containers of bulk cement per week from its plant in Grand Couronne, near Rouen. The CRH-owned cement company expects to use a regular river transport shuttle from Le Havre to Gennevilliers, manage by Greenmodal Transport. River transporrt wa...

Vicat gets more American sales, north and south

05 November 2019, Published under Cement News

Vicat's turnover for the first nine months of 2019 improved by 5.7 per cent to EUR2059m, which represents an underlying reduction of 0.7 per cent. Cement deliveries declined by 4.4 per cent to 16.66Mt. The aggregates and concrete turnover improved by 9.3 per cent to EUR819m with shipments of aggregates edging ahead by 0.3 per cent to 17.21Mt and deliveries of ready-mixed concrete declined by 2.4 per cent to 6.76Mm³. The turnover from other activities was off by 1.5 per cent at EUR328m.  T...

Hoffmann Green raises EUR65.4m for its IPO

18 October 2019, Published under Cement News

France-based Hoffmann Green Cement Technologies has raised EUR65.4m as a result of its initial public offering (IPO) on the Euronext Growth Paris bourse. The total amount of the offer could be increased to EUR75.2m if the over-allotment option is taken, said the company. The price of the offer was set at EUR18/share and the transaction was oversubscribed 2.2 times. The shares will begin trading on Euronext Growth Paris on 21 October 2019. Following the IPO the market capitalisation of Ho...