Cement News tagged under: France

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Slow recovery for Europe's construction and infrastructure

23 February 2024, Published under Cement News

As government economic stimulus packages for dealing with COVID gradually faded out in 2023, Europe's construction and infrastructure sector witnessed a fall in demand and saw the collapse of many developers. Although inflation is set to decline, aleviating the cost of building materials, analysts CIC-Market Solutions still expect construction output in Europe to have declined by 2.8 per cent in 2023 with a further 2.7 per cent drop forecast in 2024. And while the sector sees demand slipping...

NeoCem to build 100,000tpa calcined clay plant

23 February 2024, Published under Cement News

Following four years of research NeoCem will install the company's first calcined clay production line in Saint-Maximin, near Senlis, France. The facility will have a capacity of 100,000tpa. To produce the cement, the company will use a flash calcination process, whereby the clay is crushed, dried and heated to 750˚C. It is then mixed with clinker and limestone and no longer needs to be reheated, according to Christophe Deboffe, founder and president of NeoCem and its parent, Neo-Eco group...

Saint-Gobain in advanced talks to acquire CSR Ltd

22 February 2024, Published under Cement News

Saint-Gobain has approached the board of CSR Ltd, a leading Australian building materials company listed on the Australian Securities Exchange, with a non-binding indicative offer to acquire all of CSR’s issued share capital by way of a scheme of arrangement at an offer price of AUD9.00 (US$5.90) cash per share. Under Saint-Gobain’s proposal, CSR would be entitled to pay a final dividend of up to AUD0.25 per share for its financial year ending 31 March 2024, which would be deducted from the...

Vicat posts better than expected results in 2023

19 February 2024, Published under Cement News

Vicat posted 2023 EBITDA of EUR740m, a rise of 30 per cent compared to 2022, an improvement on analysts CIC Market Solutions’ expectations of EUR709-716m. Several factors account for Vicat's strong financial results, claims CIC Market Solutions. Despite a sharp downturn in the new housing segment in Europe (41 per cent of revenues, and 31 per cent in France), consolidated volumes were up 6.3 per cent, thanks in particular to the ramp-up of the Ragland kiln in Alabama. In the Americas, w...

Hoffmann Green posts 78% YoY increase in sales volumes

16 February 2024, Published under Cement News

Hoffmann Green Cement Technologies has reported revenue of EUR6m in 2023, a 2.7 times increase on the previous year. According to the company, over the past three years, revenue has multiplied by 12, indicative of what it calls its "uninterrupted growth trajectory". Revenue for 2023 corresponds to EUR4m from the sales of cements, mainly H-UKR technology, and EUR2m from the licensing contract signed with the Saudi Shurfah Group.  Sales volumes for the 12-month period came in at over 21,3...

Vicat reports 8% growth YoY in 2023

15 February 2024, Published under Cement News

Vicat has reported 8.1 per cent YoY growth in consolidated sales to EUR3.94bn in 2023, compared to EUR3.64bn in the previous year. Over the same period EBITDA has improved by 29.8 per cent from EUR570m to EUR740m. The EBITDA margin has expanded by 3.1 points from 15.7 per cent to 18.8 per cent. The company attributes the advance to its “geographically balanced” portfolio benefiting from cash generation in developed markets and growth opportunities in emerging markets.  France, which acc...

Saint-Gobain appoints new president of SGDB France

13 February 2024, Published under Cement News

Effective from 1 April 2024, Olivier Mercadal will become president of Saint-Gobain Distribution Bâtiment France (SGDB France), reporting to Thierry Fournier, CEO France and CEO Southern Europe, Middle East, Africa Region for Saint-Gobain. Mr Mercadal succeeds Patrice Richard who has decided to retire after 29 years, including the last 14 years as head of construction material trading activities in France. Mr Mercadal joined Saint-Gobain in 2001 and held the positions of executive ge...

Saint-Gobain signs energy PPA in Italy

08 February 2024, Published under Cement News

Saint-Gobain has signed a 10-year renewable electricity supply contract in Italy with Axpo Italia. The power purchase agreement (PPA) covers the purchase of electricity generated by a newly-built wind farm in the Puglia region. Axpo Italia will provide around 22GWh of green electricity per year, or 11 per cent of Saint-Gobain’s electricity needs in Italy. This contract is the fifth PPA signed by Saint-Gobain in Italy. Combined, the five projects are expected to cover more than 20 ...

Hoffmann Green agreement targets private individuals

01 February 2024, Published under Cement News

Hoffmann Green Cement Technologies has signed a strategic partnership to sell its clinker-free low-carbon cements through the retail network of Bricomarché, Bricorama, Brico Cash and Tridôme (part of Les Mousquetaires Group). Through this agreement, the four DIY chains of the Les Mousquetaires group, Bricomarché, Bricorama Brico Cash and Tridôme, are pursuing their commitment to a global and ambitious CSR strategy, "to develop a more responsible business committed to local communities, and...

Hoffmann Green signs housebuilding contract

10 January 2024, Published under Cement News

France-based Hoffmann Green Cement Technologies , a manufacturer of clinker-free cement, has announced the signing of a partnership until the end of 2027 with Groupe Trecobat, the fourth-largest builder of single-family homes in France.  This partnership with Hoffmann Green will enable Groupe Trecobat to reinforce its low-carbon strategy by taking advantage of Hoffmann’s clinker-free cements for the construction of Trecobat Green homes . For Hoffmann Green, this marks the first partn...