Cement News tagged under: France

RSS feed

Vicat suffers from currency weakness in several countries

04 August 2017, Published under Cement News

Vicat's first half turnover edged ahead by 0.8 per cent to EUR1248m, or by 0.9 per cent on a comparative basis, but the EBITDA declined by 8.7 per cent to EUR188m and the margin declined from 16.7 per cent to 15.1 per cent. The trading profit came off by 16.2 per cent to EUR86m, while the net interest charge was 29.9 per cent lower at EUR12.9m, giving a attributable profit 17 per cent lower at EUR40m.  Net debt at the end of the period amounted to EUR1006m, a five per cent reduction, and th...

Positive trends in European construction recovery

14 July 2017, Published under Cement News

The recovery in European construction activity appears to be making progress with improvements being seen in the housing segment in some key markets, while civil engineering activity is expected to pick up going forward. Eurostat's construction index shows that the downturn in activity for construction within the EU-28 brought on by the global financial crisis lasted longer than for the industry sector. Despite occasional short-lived periods of growth, the index of production for construct...

SFIC: French cement demand to grow 3-4% in 2017

02 June 2017, Published under Cement News

A boom in the French housing market is fuelling domestic cement demand. While in 2016 cement consumption reached 17.5Mt, the market is expected to continue its expansion this year to around 18Mt. “Our statisticians forecast a growth of 3-4 per cent in 2017, representing a cement demand between 17.9-18.1Mt,” said Raoul de Parisot, president of the French cement association, SFIC. “In the first quarter, we have seen sales advance between 1-2 per cent. But we expect an acceleration in th...

Lafarge France to modernise Martres-Tolosane unit

12 May 2017, Published under Cement News

Lafarge France will invest EUR100m in the modernisation of its cement plant at Martres-Tolosane in Haute-Garonne, France. The company is currently selecting a contractor to carry out the work, which is scheduled to start at the end of the year. Jean-Louis Chauzy, president of the Economic, Social and Environmental Council of Occitanie, expressed his concerned that the cement company would choose a Chinese contractor rather than a French company, but Lafarge responded by saying no decision...

Vicat expects improved Europe, US, India and west African markets

03 May 2017, Published under Cement News

Vicat's first-quarter turnover eased by 0.5 per cent to EUR551m, which represents an underlying advance of 1.4 per cent. The cement turnover declined by three per cent to EUR283m, as cement shipments advanced by 1.2 per cent to 4.89Mt. Before inter-sector eliminations, the cement turnover amounted to EUR335m. The turnover in concrete and aggregates was three per cent ahead at EUR204m, which represents an underlying decline of 2.5 per cent, as aggregates shipments rose by 3.7 per cent to 5...

Who will gain from French construction boom?

07 April 2017, Published under Cement News

Analysts have been optimistic about the prospects of the French construction market during 2017. The Federation Francaise de Batiment reports that the recovery is underway, while French market analyst CM-CIC has revised its growth forecast for construction spending up to 3.3 per cent in 2017. But will the mood change after the French elections in May? Much of the demand for the construction sector has come from the improving French housing market, which has been on the rebound si...

The world in 2016 and outlook for 2017

10 February 2017, Published under Cement News

This year will be a challenging year for the multinational cement companies, which are now faced by uneven economic performance in the emerging markets, combined with a new era of global political uncertainty that could further destabilise markets. On balance, however, global growth looks set to be anchored by positive trends in the major markets of China, India and the US, more than offsetting the poor performance elsewhere. The large cement majors have spent years diversifying their por...

France: cement demand up 1.7%, positive outlook for 2017

01 February 2017, Published under Cement News

Cement demand in France has increased 1.7 per cent to 17.4Mt in 2016, according to the French cement association, SFIC. The association expects this trend to continue in 2017 thanks to strong growth in housing construction.

France: Addoha Group's plant draws right-wing opposition

22 December 2016, Published under Cement News

The CEO of Addoha Group, Anas Sefrioui, could see his Fos-sur-Mer cement plant project permanently held up due to local political contingencies. in 2012 Groupe Sefrioui, through its subsidiary Sudvrac, started a project to build a cement plant, near the port of Fos-Sur-Mer, some 50km from Marseille. The EUR50m project is expected to produce 0.4Mta of cement and create more than 100 jobs. However, the project has faced significant opposition with the town hall repeatedly request...

France: Cemex highlights involvement in Grand Paris project

21 December 2016, Published under Cement News

Cemex has released details of its work on the Grand Paris infrastructure project, the largest such programme in France. The company has supplied over 55,000m 3 of concrete for the extension of the Paris Metro, participated in the construction of the ZAC Clichy Batignolles Development Area and provided logistical support for the whole development. “We are proud to participate in monumental projects like the Grand Paris, which will not only reshape the iconic city of Paris, but also improv...