Displaying items by tag: France

France: Heidelberg Materials has ordered an MVR 5000 C-4 vertical roller mill from Gebr. Pfeiffer for its Airvault plant to grind ultra-fine Portland cement. The mill will be equipped with an SLS 4500 VC classifier to produce 145t/hr of Portland cement at a fineness of 4500cm²/g. The design allows for high-efficiency grinding and lower CO₂ emissions by reducing clinker content in blended cements. The contract is managed by China-based contractor CBMI. Commissioning is expected in the first half of 2026.

France: Vicat recorded consolidated sales of €3.9bn, a year-on-year decrease of 1%, in 2024. It cited negative exchange rates, including for the Turkish Lira and Egyptian Pound. €1.16bn in sales came from its operations in France and €1bn from its US operations. It also reported earnings before interest, taxation, depreciation and amortisation (EBITDA) of €783m, up by 6% year-on-year. Its Cement business underwent a 3% decline in volumes during the year, driven by declines in France and India. Demand in France reportedly reached a 25-year low. The company noted an increase in the use of alternative fuels to 36% and has set itself the target of lowering its direct specific emissions to 497kg of CO₂ per tonne of cement equivalent and to 430kg CO₂ per tonne of cement equivalent in Europe by 2030. At the end of 2024, these figures stood at 576kg and 497kg respectively.

At the end of 2024, the Group's financial structure remains ‘solid,’ with net debt down by €185m over 2024. In 2025, it will aim for an increase in sales on a like-for-like basis and ‘low single-digit’ EBITDA growth.

Guy Sidos, chair and CEO of Vicat, said "In a deteriorated environment in Europe, the group has delivered historic results. We have witnessed strong growth in the US and progress in the Mediterranean region. I am confident that 2025 will be another successful year for Vicat, thanks to continued momentum in the US, stabilisation in Europe and the first contribution from our investment in Senegal.”

France: Hoffmann Green has reported a revenue of €13.2m in 2024, doubling its revenue from 2023. The sale of cements contributed €2.8m, while entry fees from licensing agreements contributed €10.5m. The producer sold 16,269t of cement in 2024, despite the deterioration of the local market. It signed licensing agreements in the US, UK and Ireland, and expects to reach its earnings before interest, taxation, depreciation and amortisation (EBITDA) break-even point in 2024.

Co-founders of Hoffmann Green Cement Technologies, Julien Blanchard and David Hoffmann, said "Despite a stagnant national construction market, Hoffmann Green has achieved a historic 2024 financial year, doubling its revenue, reaching an estimated EBITDA break-even for the first time since the company was founded, and the signing of numerous partnerships, particularly as part of our international development."

France: Ecocem will build its first production facility dedicated to ACT, its low-carbon cement technology, at its Dunkirk site. The new site will be operational by 2026 with an initial capacity of 300,000t/yr of ACT.

The expansion will increase the plant's total production capacity to beyond 1Mt/yr and strengthen Ecocem’s operations in northern France, Paris and export markets. The first half of 2025 will see the installation of the key component of the facility, the mill, which will produce the required fillers, as well as expansion of blending and storage facilities. ACT is expected to be delivered to the market in the second half of 2026.

The total investment for the expansion is €50m, funded through a ‘green loan’ from the EthiFinance agency and supported by the French government and local authorities. France 2030's ‘Première Usine’ initiative also awarded a €3.6m grant, with additional grants from the Hauts-de-France Region and Dunkirk Urban Community.

Ecocem will partner with limestone supplier CB Green for the commercial production and delivery of ACT at the Dunkirk site.

France: Bouygues Construction and Ecocem have signed a partnership to facilitate the use of Ecocem’s low-carbon ACT cement technology in Bouygues Construction’s projects.

The collaboration involves three stages of testing and validation. First, Bouygues Construction will conduct independent laboratory tests to evaluate ACT’s performance. Next, structural concrete walls will be built at Bouygues Construction’s facilities in Chilly-Mazarin, France starting in early 2025, and monitored to ensure thorough testing. Finally, a full-scale mock-up, including all structural elements, will be constructed to assess the in-situ application of ACT technology.  The testing programme aims to integrate ACT technology into Bouygues Construction projects following successful validation.

US/France: Hoffmann Green Cement Technologies has extended its licensing agreement with Hoffmann Green USA, signed in July 2024, to cover 25 states in the eastern United States. This has triggered an additional entry fee of €8m, following the €2m already received. The agreement grants industrial and technological transfer rights and exclusivity in the expanded territory. It includes fixed and variable royalties based on sales of Hoffmann Green cements. Hoffmann Green USA may also sub-license units in these territories, with discussions currently underway with potential sub-licensees.

France: Lafarge France has appointed Alexandre Duca as its chief financial officer. He will report to Xavier Guesnu, the CEO of the subsidiary of Holcim.

Duca has worked for Lafarge since 2000 when he started working as a management assistant at the Cruas lime plant. He later joined the financial control team for Lafarge in 2008 before working in Russia in 2011 as Director of Management Control. Following the merger with Holcim in 2015, he was appointed as Regional Financial Controller for Asia in 2016 and then for Europe in 2019. He then became the CFO of Lafarge Cement and Geocycle France in 2021. Duca is a graduate from the University of Paris-Dauphine.

France: Holcim has been awarded a new grant from the EU Innovation Fund for its ‘CarboClearTech’ carbon capture, utilisation and storage (CCUS) project in Martres-Tolosane, France. This support marks Holcim's seventh large-scale EU-backed CCUS project. The value of the funding was not disclosed by the company.

France: Calderys has appointed Sander Bovee as its Chief Financial Officer (CFO).

Bovee, a Dutch national, previously worked for Nouryon (formerly known as AkzoNobel Specialty Chemicals), a specialty chemicals company, as its Vice President of Group Control & Treasury. He was also the company’s interim CFO for a period. Prior to this he worked for AkzoNobel in a variety of business and corporate finance roles based in the US, China and the Netherlands. He holds a master’s degree in economics and an executive masters in Finance and Control at Maastricht University.

France: F Scott, a French group based in Switzerland, is set to construct a new grinding plant in Montoir-de-Bretagne, Loire-Atlantique, by 2027. The €55m investment is expected to create 50 jobs, according to API agency. The plant will import 300,000t/yr of blast furnace slag and a similar amount of clinker by ship, with plans to potentially switch to calcined clay for producing low-carbon cement. F Scott's proposal was approved in mid-late 2023 following a call for expressions of interest by the major maritime port of Nantes-Saint-Nazaire for a bulk products storage and industrial processing unit.