Cement News tagged under: France
Saint-Gobain signs Romanian energy deal06 May 2024, Published under Cement NewsSaint-Gobain has signed a five-year renewable electricity supply agreement (power purchase agreement or PPA) in Romania with energy supplier OMV PETROM SA. The contract covers the purchase of green electricity from wind and photovoltaic sources provided by OMV PETROM SA and will start in January 2026. OMV PETROM SA will provide around 800GWh of green electricity for a period of five years. This contract, combined with a photovoltaic park currently in the final stage of development at ... |
Vicat sees 8% like-for-like advance in 1Q sales01 May 2024, Published under Cement NewsVicat reported a 1.2 per cent YoY (+7.9 per cent like for like (lfl)) uptick in consolidated sales to EUR911m in the first quarter of 2024 from EUR899m in the 1Q23. The company attributes the positive results to 4.1 per cent increase in cement volumes to 6.9Mt, a 5.4 per cent advance in concrete volumes to 2.2Mm3 and a still resilient pricing environment in most markets with a favourable cost/price differential. “The Vicat Group enters 2024 with organic growth of nearly eight per cent, dri... |
Saint-Gobain sales slip 6% in 1Q2429 April 2024, Published under Cement NewsSaint-Gobain has reported total group sales of EUR11,356m in the first quarter of 2024, down 5.8 per cent from EUR12,406m in the same period a year earlier. According to the company, the decline was due to a contraction in new construction in Europe, but supported by growth in the Americas and Asia-Pacific. Volumes also fell, down 4.7 per cent YoY, while prices slipped 1.1 per cent. In northern Europe sales declined 11 per cent YoY in the 1Q24, coming in at EUR2779m. Volumes saw a 9.3 ... |
Saint-Gobain acquires Canada-based Bailey Group09 April 2024, Published under Cement NewsSaint-Gobain has entered into a definitive agreement for the acquisition of The Bailey Group Companies, consisting of Bailey-Hunt Ltd and its subsidiaries, a privately owned manufacturer of metal building solutions for light construction in Canada, for CAD880m (US$651.8m) in cash. Bailey is a leading player in metal framing in Canada, posting sales of CAD532m in 2023. With a 75-year history, it operates 12 manufacturing plants across Canada and has been a long-standing partner of Saint... |
Heidelberg Materials France to close two plants05 April 2024, Published under Cement NewsCiments Calcia , part of Heidelberg Materials France , is closing two of its plants as part of a restructuring programme. The two sites due to close are in Beffes (Cher) and Villiers-au-Bouin (Indre-et-Loire), both of which are scheduled to shut in October 2025. According to Heidelberg Materials France, the restructuring is the result of a significant decline in cement sales resulting from weak construction demand in the country. Sales volumes fell six per cent in 2023, after first dec... |
Saint-Gobain issues first double green bond27 March 2024, Published under Cement NewsSaint-Gobain has successfully priced its first double green bond, reinforcing its commitment to sustainable construction. This follows a Sustainability Linked Bond in August 2022 and renewal in December 2023 of its backup revolving credit facility as a Sustainability Linked Loan. Two tranches of the green bond have been issued – EUR1bn with a six-year maturity and a 3.375 per cent coupon, and EUR1bn with a 10-year maturity and a 3.625 per cent coupon. According to the company, the bonds... |
Hoffmann Green exceeds revenue target for 202319 March 2024, Published under Cement NewsHoffmann Green Cement Technologies has reported revenue of EUR6.04m in 2023, far exceeding its target of EUR4.5m, and marking a notable increase from EUR2.2m in the previous year. This is attributed to the increase in cement sales volumes and the signing of the company’s first international licensing contract in Saudi Arabia. EBITDA improved from -EUR6.6m in 2022 to -EUR5.2m the following year, while the company’s net loss increased from -EUR6.7m to -EUR7.9m over the same period. Sales... |
Hoffmann Green extends reach in western France12 March 2024, Published under Cement NewsHoffmann Green Cement Technologies has announced the signature of a commercial partnership with Groupe Tartarin, a company based in Vienne, western France, which manufactures a wide range of ready-to-use cements. Founded in 1923, Groupe Tartarin offers a wide range of ready-to-use cements to meet specific needs, from garages to garden sheds and industrial buildings. Based in the Vienne region of France, Tartarin is a key local player in the construction industry, supporting its custome... |
Hoffmann Green extends contract with Bouygues Immobilier11 March 2024, Published under Cement NewsHoffmann Green has announced a two-year extension of its partnership with Bouygues Immobilier, a key player in the French real estate development sector with a 70-year track record in the market. Signed in May 2022, the initial contract has been extended to 31 December 2025. According to Hoffmann Green, the renewal of its collaboration with Bouygues Immobilier reflects the success of the first innovative and sustainable projects realised with Hoffmann zero per cent clinker cement. Hoffm... |
GCCA supports major decarbonising talks in Paris on the built environment08 March 2024, Published under Cement NewsLeading organisations from the cement and concrete industry are attending international talks in Paris, where parties are hoped to agree a framework to decarbonise the built environment. The Global Buildings and Climate Forum, which take place this week, involves discussions between government ministers, local authorities, businesses, and other stakeholders, from across the world. The Global Cement and Concrete Association (GCCA) together with France Ciment, the national industry cement b... |