Cement News tagged under: Vicat
Collaboration and circular economy building09 December 2022, Published under Cement NewsThis week Vicat announced that it was collaborating in a new consortium of manufacturers called the 'Advancement of Excellence in Industry' to advance decarbonisation, the circular economy, the factory of the future and the digital transition. To this end, it will construct a regional campus in Auvergne-Rhone-Alpes. A key insight behind the initiative is that building circular economies can only succeed through collaboration, therefore more partnerships will need to be formed to achieve n... |
Vicat posts 16% increase in 9M consolidated revenue08 November 2022, Published under Cement NewsVicat posted a 15.7 per cent YoY increase to EUR2697m (US$2691m) in consolidated revenue at constant scope and exchange rates in the January-September 2022 period. On a reported basis, the increase was 14.6 per cent YoY. The variation takes into account a negative foreign exchange effect of more than EUR9m as the euro appreciated against the lira and the Egyptian pound. The scope of the result also fell by nearly EUR17m due to the sale of Créabéton in Switzerland, which was only partly off... |
Bharathi Cement launches new terminal and new product11 October 2022, Published under Cement NewsBharathi Cement , part of Vicat , has inaugurated its new 0.75Mta bulk cement terminal in Coimbatore, in the South Indian state of Tamil Nadu. The new terminal in a fully automated packing and distribution facility, operated by just 16 employees, reports APN News. With dedicated own container wagons and a 24hr loading facility, it is the first terminal in India to have end-to-end logistic automation for the transportation of bulk cement in containers, directly serving customers without any... |
Vicat reports 13% rise in 1H sales but rising energy costs affect EBITDA28 July 2022, Published under Cement NewsVicat reported a 12.5 per cent increase in first-half sales to EUR1755m (US$1790.6m) in the January-June 2022 period when compared with the 1H21, when sales reached EUR1560m. At constant scope and exchange rates, the advance was 14.5 per cent. However, in the 1H22 EBITDA declined by 10.4 per cent YoY (9.8 per cent at constant scope and exchange rates) to EUR269m from EUR300m in the 1H21. The EBITDA margin retreated to 15.3 per cent from 19.2 per cent in the year-ago period. The company... |
The growing need to recycle concrete safely and responsibly24 June 2022, Published under Cement NewsThis 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 deployment16 June 2022, Published under Cement NewsAt 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 Mergelstetten09 June 2022, Published under Cement NewsThe 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 Schwenk Zement's Mergelstetten cement plant in southern Germany. The polysius ® pure oxyfuel process is a new type of clinker production process in which the other... |
Vicat sees 12% rise in consolidated sales in the 1Q2205 May 2022, Published under Cement NewsVicat 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 calcination27 April 2022, Published under Cement NewsTo 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 approved14 April 2022, Published under Cement NewsThe 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. |