Displaying items by tag: VICAT

France: Vicat’s Montalieu-Vercieu cement plant will host a carbon capture and storage (CCS) installation and methanol plant under a joint project by Vicat and Groupe EDF subsidiary Hynamics known as Hynovi. The project aims to achieve 40% carbon capture at the plant. A 330MW electrolyser will convert captured CO2 to methanol through oxycombustion. Commisioning of the entire system is scheduled for 2025. The partners said that Hynovi may subsequently be taken up by cement plants globally.

Egypt: France-based Vicat raised a case against the Egyptian government with the International Centre for Settlement of Investment Disputes (ICSID) in late June 2021. It concerns its cement production business. Reporting by the Qatar-based New Arab newspaper alleges that the cement producer was forced to reduce its shares in its subsidiary Sinai Cement due to a law stopping foreign ownership of companies operating in the Sinai Peninsula on the basis of security grounds. It reports that Vicat has reduced its shares in its subsidiary to 42% from 56% previously.

Vicat confirmed in its financial report for 2020 that it was in the process of taking legal action locally on the matter of foreign ownership in the Sinai region. It added that an investment of around Euro35m in Sinai Cement had been delayed due to administrative approval time. In July 2021, Tamer Magdy, the country manager for Sinai Cement, told local press that Vicat was keen to continue investing in the market.

France: Vicat’s consolidated sales rose by 19.6% year-on-year to Euro1.56bn in the first half of 2021 from US$1.30bn in the same period in 2020. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) increased by 41% to Euro300m from Euro213m. Sales and earnings rose in all territories on an adjusted basis as markets recovered from a poor second quarter in 2020 due to the coronavirus pandemic, particularly in India and France.

“Focused on its carbon footprint reduction targets, the group has accelerated the commercialisation of its low-carbon product lines, adapted to the global climate challenge,” said Guy Sidos, the group’s chairman and chief executive officer. The company added that the upgrade of its Ragland cement plant in the US is on track for expected commissioning in the first half of 2022 and that it is ramping up a new mill in Mali.

Egypt: Tamer Magdy, the country manager for Sinai Cement, says that parent company Vicat is keen to continuing to invest in the local market. He noted that noted that the France-based building materials producer is a long-term investor with confidence in the Egyptian economy and that it has no plans to leave, according to the Daily News Egypt newspaper.

He praised the government’s decision in early July 2021 to introduce reduced cement production quotas. The group is also keen for the authorities to develop the Sinai region more, where its main market is based. Vicat has operated in Egypt since 2003 when it acquired Sinai Cement. However, Magdy also called on the government to provide subsidies for exports.

France: Denmark-based FLSmidth has won a contract to supply a 400t/day calcined clay production line to Vicat’s Xeuilley integrated cement plant. The order includes flash calciner technology, an environmental control system and alternative fuel (AF) firing, handling and storage equipment. The line will have a design capacity of up to 525t/day and is scheduled for commissioning in 2023. It will enable clinker substitution in cement of up to 40%, according to the supplier. It says that cement produced using calcined clay will have a 16% smaller carbon footprint than its clinker-based equivalent. The value of the contract is Euro26.8m.

Vicat deputy chief executive officer Eric Bourdon said, “EU regulations and increasing demand for more sustainable cement has accelerated the decision to introduce clay as an environmental alternative to clinker in our production. With clay readily available in the area and positive results from pilots at FLSmidth’s test facilities in Denmark, we feel confident about the technology and hope to be able to expand further in the future.”

Switzerland: France-based Vicat subsidiary Vigier Holding has agreed to sell precast concrete producer Creabeton Matériaux to Müller Steinag Holding. The group says that it will finalise the deal within the first half of 2021.

Creabeton Matériaux specialises in the prefabrication of concrete products. It has a workforce of nearly 380 employees and reported a turnover of Euro83m in 2020. Vigier Holding will retains its railway business including the construction of concrete sleepers.

France: Vicat recorded full-year consolidated sales of Euro2.81bn in 2020, up by 2% year-on-year from Euro2.74bn in 2019. Earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 6% to Euro557m from Euro526m. Consolidated net income rose by 8% to Euro172m from Euro160m.

The group said that organic sales were ‘strong,’ rising in all regions except in France, by 6% in total. It attributed the decline to a near-total shutdown due to the coronavirus outbreak in mid-March 2020, which lifted incrementally throughout the first half of the year. Vicat France’s cement business recovered ‘robustly’ in the second half of 2020, resulting in an operational sales increase of 3% for the year. Full stoppages of activity lasted for 33 days in India and for 30 days in Italy. Despite these challenges, business growth, cost-cutting and lower energy costs drove earnings growth, with ‘very sharp improvements’ recorded in the Americas and in Asia. Additionally, the ramp-up of a new grinding plant in Mali and production performance improvements in Senegal supported a ‘significant’ earnings increase in Africa.

Chair and chief executive officerGuy Sidos said, “Thanks to our employees’ tremendous efforts and commitment, the Vicat group strengthened its position amid the unprecedented current pandemic situation. Our resilience and flexibility allowed us to make organisational changes in order to reconcile our competing imperatives of keeping everyone safe and healthy, unlocking savings and making rapid adjustments, such as relocating our Paris head office to L’Isle d’Abeau in the Auvergne-Rhône-Alpes region. Likewise, we made improvements to Vicat’s governance and stepped up our environmental and digital transformation programmes. Given the strength of our cash generation, we were able to resume key productivity investment programmes for the future. Despite the adversity we faced, our teams across all our various regions successfully delivered higher production efficiency levels and met market demand cost-effectively, paving the way for a solid increase in the Vicat group’s results.”

In 2021, the group plans to expand cement production and invest in new cement terminals in India and to continue with the upgrade of its Ragland cement plant in the US. It also says that it will ramp up projects aimed at meeting its carbon footprint reduction targets. The group expects its earnings to rise at constant scope and exchange rates over the full year.

US: France-based Vicat subsidiary National Cement Company of Alabama has completed the installation of a new 5000t/day clinker line at its Ragland, Alabama cement plant. The line has a raw meal capacity of 13,000t.

Vicat engineering senior vice president Jean-Claude Brocheton congratulated the installation team on the ‘major step’ and on completing the work ahead of schedule.

France: Vicat has joined US-based Schlumberger New Energy, clean energy specialist CEA, Vinci Construction and the Occitan Regional Agency of Energy and Climate (AREC) in a hydrogen production technology joint venture called Genvia. The partnership will establish a ‘gigafactory’ at which to develop high-temperature reversible solid oxide electrolyser technology. The gigafactory will be situated in Béziers, Occitan. Deployment will take place via CEA’s Grenoble, Auvergne-Rhône-Alpes site.

“We are very pleased to be working alongside such experienced and strong partners as we strive to develop technologies that enable decarbonisation,” said François Jacq, chairman of the CEA. “Together, building on a set of technologies developed by the CEA over the last decade, we have ambitious growth plans for a technology that we expect to be a game-changer in the production of clean hydrogen. This initiative demonstrates an alignment of environmental and economic growth ambitions that is important for France and Europe in support of the government's and the commission's recovery plan.”

The technology Genvia plans to use is intended to achieve a high system efficiency, resulting in less electricity use per kg of hydrogen produced. The venture says that the technology is the first of its kind that is fully reversible, giving it the flexibility to switch between electrolysis and fuel cell functions.

France: Vicat started using a CO₂ntainer system supplied by UK-based Carbon8 Systems at its Montalieu-Vercieu cement plant in November 2020. It uses captured CO₂ from the unit’s flue gas emissions to carbonate cement-plant dust and produce aggregate, which can then be used to make products such as concrete. The system has particular relevance for a plant burning alternative fuels due to the additional chlorinated dust created compared to the use of conventional fossil fuels. The company says it is the first European cement producer to use the process at an industrial scale. Previously, Carbon8 Systems said that its CO₂ntainer would process and convert up to 12,000t of cement bypass dust in its first phase of operation.

Vicat Group scientific director Laury Barnes-Davin said, “We were drawn to Carbon8 Systems’ two-part technology: capturing the CO₂ that Montalieu emits, and using it to produce an aggregate that can be marketed in the construction industry. It opens up great potential for our operations not just in France but also in all the countries where we work across the globe.” The group hopes to reach a 100% alternative fuel substitution rate in France by 2024.