Cement News tagged under: France

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Vicat sees improved activity in May

24 June 2020, Published under Cement News

France-based cement producer Vicat has provided an update of business levels in May, noting a marked improvement when compared with market performance in March and April. In France business activity has been improving steadily since the low point of mid-March and by the end of May, the level was slightly lower than that recorded in the year-ago period. Switzerland also continues to perform well. The challenging macroeconomic and competitive environment in Turkey and Egypt continue to aff...

Hoffmann Green Cement Technologies appoint Ile-de-France region promoter

19 May 2020, Published under Cement News

Hoffmann Green Cement Technologies, a low-carbon cement producer, thas announced the appointment of François de Gliniasty as Technical and Commercial Promoter for the Ile-de-France region. François de Gliniasty, 45, has over 25 years of experience steering business promotion, sales and logistics strategies. As Technical and Commercial Promoter, François de Gliniasty’s mission will be to get the innovative technologies developed by Hoffmann Green referenced and included in construction proj...

Vicat post 3% sales increase in 1Q20

06 May 2020, Published under Cement News

Vicat reported a 2.6 per cent advance in total consolidated sales in the January-March 2020 period to EUR615.5m from EUR600m in the 1Q19. At constant scope and exchange rates, consolidated sales edged up 0.2 per cent YoY. The company posted a 5.5 per cent rise in consolidated cement sales to EUR319m in the first quarter of 2020 – or an increase of 3.7 per cent at constant scope and exchange rates – when compared with the 1Q19. Concrete and aggregate sales were up 1.4 per cent YoY to EUR2...

Cem'In'Eu prepares start-up of Rhône Ciments

05 May 2020, Published under Cement News

Cem'In'Eu is starting up Rhône Ciments, its second cement plant in Portes-lès-Valence, Drôme region, France. "Moving to Portes-lès-Valence allows us to be in the middle of a Lyon-Marseille-Montpellier triangle but also to be connected to the Alpine valleys. We are thus at the heart of the large southeast market," explains Vincent Lefebvre, Cem’In’Eu  president and founder. The company imports clinker from a 5Mta integrated cement works in eastern Turkey to supply its factory, which has i...

Hoffmann Green Cement Technologies sees turnover up in 2019

28 April 2020, Published under Cement News

Hoffmann Green Cement Technologies (HGCT) saw a hike in its turnover to EUR0.62m in 2019 from EUR0.289m in 2018. The company’s EBITDA declined to EUR-1.846m while EBIT reached EUR-3.079m due to significantly-higher amortisation charges. Its operational result came to EUR-3.1m, mainly due a 20 per cent non-conversion premium of convertible bonds into shares, which was noted at the time of the company’s IPO. The company’s net income reached EUR-4.339m after taking into account a EUR1.9m tax pr...

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...