Displaying items by tag: France
Hoffmann Green Cement Technologies to supply low-CO2 concrete to social housing project
07 October 2020France: Social housing developer Immobilière 3F says that it has signed a contract with construction company Groupe GCC for the use of Hoffmann Green Cement Technologies' 78% reduced-carbon dioxide (CO2) emissions concrete for the construction of an 85-unit housing project in Saint-Leu-la-Forêt, Île-de-France.
Groupe GCC says that it participated in the development of the concrete as part of a three-year development partnership agreement with Hoffmann Green Cement Technologies signed in July 2020.
France: Hoffman Green Cement Technologies recorded a net loss of Euro 4.41m in the first half of 2020, up by 320% year on-year from a loss of Euro1.04m in the first half of 2019. Its revenues nearly tripled to Euro96,000 from Euro33,000.
Co-founders Julien Blanchard and David Hoffman said, “The first half of 2020 was very active, notably on the industrial and commercial fronts. We continued our actions in all of our strategic areas under sometimes delicate conditions as a result of the Covid-19 pandemic. The rollout of our industrial plan is progressing in line with our objectives. We have used this period to integrate additional resources that will enable us to accelerate our development in the coming months and years.” They added, “Thanks to the recent resumption of building sites activity and more generally of the construction sector, we have been able to reactivate our commercial negotiations and have signed a number of new contracts since July 2020.”
Eqiom relocates headquarters to Courbevoie
11 September 2020France: Eqiom has announced the relocation of its headquarters to Courbevoie, Hauts-de-Seine Department from Levallois-Perret, also in Hauts-de-Seine Department. The company said that “new working methods favouring digital work, the agility of group work and the importance of good life practices” compounded the decision to move. It added, “The transfer operation was completed in just three days with no major surprises.”
LafargeHolcim defends itself against River Seine pollution finding
02 September 2020France: LafargeHolcim has said that Lafarge Béton is not responsible for the discharge of ‘particles of cement, treatment liquids and plastic microfibers’ from its Bercy concrete plant in Paris Department. The La Télégramme newspaper has reported that the plant has been under environmental inspection since late August 2020. The company says that the pollution resulted from a single incident ‘caused by malicious parties’ who knew of the on-going investigation.
The mayor of Paris has contacted the public prosecutor to request a criminal action against LafargeHolcim.
Imerys to buy majority stake in Haznedar
12 August 2020France: Imerys has signed an agreement to buy a 60% stake of Haznedar Group, a Turkey-based monolithic refractories and refractory bricks producer for the cement, steel, iron and petrochemical markets. The acquisition is expected to conclude in the fourth quarter of 2020 subject to approval by competition authorities. No value for the deal has been released.
The acquisition will add basic and acidic refractory bricks to Imerys’ product range and extend its industrial footprint with a production base in Turkey. It is also expected to strengthen its position within the Turkish market. The business will be consolidated in Imerys’ High Temperature Solutions business area, part of its High Temperature Materials & Solutions segment.
France: Falls in sales in India, France and Italy since the end of the first quarter of 2020 have negatively affected Vicat’s half year results. However, it noted a rebound at the end of the period, particularly in France, and reported earnings growth in the US and Brazil. Its consolidated sales fell by 2.7% year-on-year to Euro1.30bn in the first half of 2020 from Euro1.34bn in the same period in 2019. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) decreased by 6.7% to Euro213mm.
“We kept our production activities running at almost all our sites to keep pace with market trends and seize any commercial opportunities by remaining close to our customers, which has helped to mitigate the impact of the crisis,” said Guy Sidos, the group’s chairman and chief executive officer (CEO). He added that, “In this unprecedented environment, visibility on our full-year performance remains limited.”
LafargeHolcim reports return to normality as lockdowns end, despite punishing first half
30 July 2020Switzerland: LafargeHolcim says that net sales in each of its five regions ‘returned to prior-year levels by the end of June 2020’ following the easing of coronavirus-related lockdowns. Its net sales fell by 10.8% year-on-year to Euro9.95bn in the first half of 2020 on a like-for-like basis due to the ‘severe’ impact of the lockdowns on construction sites in several of its main operating countries. It also blamed negative currency effects for an additional fall in sales. Its recurring earnings before interest and taxation (EBIT) dropped by 22% to Euro1.11bn. Its net debt decreased by 15.8% to Euro9.91bn from Euro11.8bn. Cement sales volumes fell by 13.1% to 87.2Mt, aggregates by 6% to 114Mt and ready-mix concrete (RMC) by 18.6% to 19.2Mm3.
Group chief executive officer Jan Jenisch said, “Our half-year results demonstrate the great resilience of our business. I’m encouraged by our team’s agility to weather the storm with the rapid execution of our ‘Health, Cost & Cash’ action plan, effectively driving cost savings ahead of expectations, improving net working capital and delivering record free cash flow.” He added, “The peak of the crisis is behind us. We expect a solid second half of the year based on June’s full recovery, the trend of our order book and upcoming government stimulus packages.”
By region the group noted the most severe coronavirus-related disruption in Asia-Pacific despite China delivering a full recovery and growing sales volumes by the end of the second quarter. In Europe lockdowns in the UK and France had a particular impact and it said that, “volumes suggest a V-shaped recovery in June 2020 for the majority of markets, except in the UK.” Significant impacts were noted in Ecuador, Colombia and El Salvador in Latin America. Sales volumes declined in Algeria, Egypt, Iraq and South Africa in the group’s Middle East Africa region but Nigeria delivered a ‘resilient’ performance. Finally, North America was the groups best performing region with slight dips in cement and aggregate sales volumes but a rise in RMX and rising recurring EBIT. This was attributed to, “fast and effective cost management in the US.”
France: Hoffmann Green Cement Technologies has announced the signing of a supply contract with precast concrete structural engineers CAPREMIB. It says that the contract covers the supply of a minimum volume of low-carbon cement for the production of wooden concrete sound barriers for use in stadia and public spaces such as underground stations.
Co-founders Julien Blanchard and David Hoffman said, “We are delighted to have signed this contract with CAPREMIB, a highly innovative player in the construction sector. This partnership follows months of technical tests, and will allow the CAPREMIB group to produce wooden concrete acoustic screens with a lower carbon footprint. Combining wood and concrete in the manufacturing of this type of product meets market expectations and illustrates our ability to continually increase the growing number of applications for our technologies.”
Fives receives government loan
15 July 2020France: The government has given a 90% guarantee for a Euro200m loan taken by process technologies and automation specialist Fives from six banks. The company said that the loan, “allows Fives to secure its required liquidity in a time when the Covid-19 crisis has slowed down the business activity in many of its markets. It will also contribute to finance the group’s technological and commercial developments to prepare the future and confirm its positioning as a key player in the industry of the future.”
Vicat to implement Carbon8 Systems carbon capture and use system at Montalieu cement plant
10 July 2020France: UK-based Carbon8 Systems has announced plans for the commercial implementation of its carbon capture and use (CCU) system at Vicat’s Montalieu integrated cement plant in France. It follows successful demonstration projects at cement plants in the UK and Canada.
The company’s CO2ntainer product will be deployed directly onsite at the plant and integrated into Vicat's existing industrial processes. It will capture CO2 directly from the plant's flue gas emissions and use this as part of its Accelerated Carbonisation Technology (ACT) process. This accelerates the carbonation of cement bypass dust into lightweight aggregates. In its first phase of operation it will process and convert up to 12,000t of cement bypass dust.