Cement News tagged under: Vicat

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The growing need to recycle concrete safely and responsibly

24 June 2022, Published under Cement News

This week Holcim announced that it has successfully created the first clinker made entirely of recycled minerals and concrete. The circular economy can be truly closed in a circle if concrete can be reused to make clinker and in turn cement. Holcim believes the process will improve decarbonisation of the industry and help to reach net-zero emissions. However, there are many arguments against the recycling concrete for new buildings and cement manufacture. Holcim's breakthrough research a...

Carbon8 secures GBP5m investment to accelerate CCUS deployment

16 June 2022, Published under Cement News

At Vivatech (Paris), Carbon8, the UK clean technology company specialising in carbon capture, utilisation and storage (CCUS), announce the closure of a GBP5m funding round. Vicat , the international cement group, EDF Group and its corporate venture capital arm, EDF Pulse Ventures, have co-invested GBP4m in Carbon8. John Pilkington, CEO of Carbon8, said: “Vicat Group and EDF Group share Carbon8’s vision of pioneering cleantech solutions for heavy industry and helping industry achieve their ...

Polysius wins CI4C order for oxyfuel system at Mergelstetten

09 June 2022, Published under Cement News

The research company CI4C (Cement Innovation for Climate), founded by the four cement manufacturers  Dyckerhoff GmbH  ( Buzzi Unicem SpA ),  HeidelbergCement AG ,  Schwenk Zement GmbH & Co KG  and  Vicat SA , has commissioned thyssenkrupp's Polysius business unit to build a polysius ®  pure oxyfuel kiln system on the site of Schwenck Zement's Mergelstetten cement plant in southern Germany. The polysius ®  pure oxyfuel process is a new type of clinker production process in which the othe...

Vicat sees 12% rise in consolidated sales in the 1Q22

05 May 2022, Published under Cement News

Vicat has posted a 12.4 per cent uptick at constant scope and exchange rates in 1Q22 consolidated sales to EUR789m when compared with the equivalent year-ago period. The reported YoY change was 11.6 per cent. The company saw solid sales growth in all regions and higher selling prices. In addition, no impact from the Ukraine-Russia conflict on the group’s activity was noted in the 1Q22. Commenting on these figures, the Group's Chairman and CEO, Guy Sidos, said: "Vicat’s first-quarter sales...

FLSmidth forms ECOClay partnership to fully electrify clay calcination

27 April 2022, Published under Cement News

To further decarbonise the cement industry, FLSmidth and a series of leading industry experts have formed a new partnership called ECoClay TM . To reduce CO 2 emissions from cement production by up to 50 per cent, the ECoClay partners will develop and commercialise the technology needed to replace fossil fuels in the calcination of clay by fully electrifying the process.  Current clay calcination processes have gained momentum in recent years – especially with FLSmidth’s flash calciner sys...

Vicat Cement Egypt's acquisition of Sinai Cement approved

14 April 2022, Published under Cement News

The Financial Regulatory Authority (FRA) has approved the publication of a disclosure of an acquisition offer by Vicat Cement Egypt for a 42.12 per cent stake in Sinai Cement Co at EGP6.74 (US$0.36) per share, according to a filing to the Egyptian Exchange (EGX). Vicat will buy 56.064m shares in Sinai Cement, increasing its stake in the company to 100 per cent.

Calcined clays: making a global impact

01 April 2022, Published under Cement News

This week FLSmidth announced that it would be supporting the largest calcined clay installation in the world in Ghana for CBI Ghana at its Accra plant. It is a good time to look at how many of these calcined clay projects are now underway and how much investment is being placed in this carbon reduction technology. CBI Ghana's project instantly excites because it is billed as currently the largest calcined clay project in the cement industry. The grinding capacity will increase by 120 per ...

Vicat and Egypt settle investment dispute

24 March 2022, Published under Cement News

Egypt’s Prime Minister, Mostafa Madbouli, and the Minister of Justice, Omar Marwan, have witnessed the signing of a final settlement agreement on the country’s investment dispute with Vicat , a shareholder in Sinai Cement Co . The agreement was signed by Minister of International Cooperation, Rania el Mashat on behalf of the government, and Vicat’s Chairman and CEO, Guy Sidos. Under the agreement, the arbitration case between the two parties before the International Center for Settlemen...

Vicat reports 29% rise in consolidated net income in 2021

16 February 2022, Published under Cement News

Vicat saw its consolidated sales advance by 11.3 per cent to EUR3123m in 2021 from EUR2805m in 2020. At constant scope and exchange rates the increase was 16.2 per cent. EBITDA was up 11.1 per cent and 14.5 per cent like for like (LfL) to EUR619m in 2021 from EUR557m in the previous year. However, the EBITDA margin slipped from 19.9 per cent in 2020 to 19.8 per cent in 2021. Consolidated net income increased by 29.1 per cent (31.8 per cent LfL) YoY to EUR222m from EUR172m in 2020, with...

Vicat to invest EUR800m to meet 2030 climate targets

19 November 2021, Published under Cement News

This week, Vicat held a meeting at L'Isle d'Abeau on the company's climate strategy. The French producer has been describing how it will meet its 2030 and 2050 emission targets throughout its value chain in building materials. Vicat reports that just to meet its 2030 objectives it will need to invest an estimated EUR800m. Capex investment of this magnitude will be shared with clinker factor and activated clay investment accounting for 30 per cent of the budget, fuel substitution representi...