Cement News tagged under: France
Hoffmann Green launches IPO02 October 2019, Published under Cement NewsHoffmann Green Cement Technologies (HGCT) is launching its initial public offering (IPO) 2 October. The company plans to raise around EUR50m on the Euronext Growth market. HGCT’s cement production process reduces CO 2 emissions by 80 per cent due to a modification of the composition of the cement that eliminates the need for clinker, according to the company. The France-based cement producer aims to increase its cement capacity by a factor of 11 to 0.55Mta by 2024. The IPO will provide ... |
Vicat26 September 2019, Published under Cement NewsVicat’s consolidated sales in the 1H19 fell 0.6 per cent YoY, at constant scope and exchange rates, to EUR1340m. EBIT also contracted, down by eight per cent to EUR97m, compared to EUR107m in the 1H18. Vicat’s home market of France saw strong activity in the infrastructure, industrial and commercial markets, offsetting the contraction in the residential sector. Overall sales came in at EUR500m in the 1H19, up 5.1 per cent YoY, at constant scope and exchange rates, with cement sales advancing... |
European construction: set for continued growth?23 September 2019, Published under Cement NewsFollowing a buoyant 2017 and continued growth in 2018, the European construction market is expected to show modest growth this year. As a result, cement prices are expected to firm, easing the pressure on EBITDA margins of building material companies across the region. By Jean-Christophe Lefèvre-Moulenq, CM-CIC Market Solutions (ESN), France. In 2019, demand is forecast to increase by 1.4 per cent in western Europe After a particularly buoyant 2017, a sharp deceleration was expe... |
Flexicon (Europe) Ltd opens French office20 August 2019, Published under Cement NewsBulk handling equipment supplier Flexicon (Europe) Ltd has opened a new office in France to provide factory-direct sales and application engineering service to customers in Dijon and surrounding regions. The new office will be headed by Emmanuel Decoeur, regional sales manager. Headquartered in the USA, Flexicon are a leading producer of bulk handling equipment offered throughout Europe since 1974. |
Vicat sees poorer results in Turkey and Switzerland02 August 2019, Published under Cement NewsVicat's first-half turnover advanced by 4.6 per cent to EUR1340m but eased by 0.6 per cent on a comparative basis. EBITDA improved by 1.7 per cent to EUR228 while the margin eased from 17.5 per cent to 17 per cent. The trading profit declined by 9.4 per cent to EUR97m, while the net interest charge was EUR6m higher at EUR22m, giving an attributable profit 20.7 per cent lower at EUR46m. Cement deliveries were down by 4.9 per cent to 10.81Mt and the share of turnover from cement eased ma... |
LafargeHolcim doubles net income and reports 4% net sales growth31 July 2019, Published under Cement NewsLafargeHolcim posted a like-for-like (LfL) net sales growth of 3.5 per cent YoY in the first half of 2019. Sales increased from CHF13.272bn (US$13.4bn) in the 1H18 to CHF13.059bn with gains in all regions but particularly thanks to favourable market conditions in Europe and north America. Recurring EBITDA (pre-IFRS16) increased 10.8 per cent to CHF2.662bn from CHF2.484bn in the previous year’s first six months. Net income attributable to share holders of LafargeHolcim Ltd more than doubled... |
Aliénor Ciments awarded first NF Hydraulic Binder certification25 June 2019, Published under Cement NewsLess than a year after commissioning its cement plant at Tonneins, Aliénor Ciments has been awarded its first NF Hydraulic Binder certification. The certification relates to its CEM I 52.5 R CE CP2 NF product. The certification attests that the cement complies with the standards and additional requirements by Afnor Certification and allows the Cem’In’Eu subsidiary to display the NF mark on the packaging of the company’s relevant products and transport vehicles. |
Eqiom test 4 biogas trucks21 June 2019, Published under Cement NewsFrance-based Eqiom is testing four biogass trucks as part of the company’s strategy to reduce the carbon emissions generated by its trucks by six per cent by 2020. As an alternative to diesel, the biogas helps improve air quality and protect the environment. Natural gas for vehicles includes 95 per cent methane and very light hydrocarbons. The four vehicles are being put into operation in the CRH subsidiary's road transport between the north and the Paris region. In addition, one of th... |
Cem’In’Eu awards Portes les Valence grinding contract to FCB19 June 2019, Published under Cement NewsCem’In’Eu has awarded the contract for a 0.25Mta grinding plant at Portes les Valence, Drôme, France, to Fives FCB. The order includes an FCB-B ball mill with a capacity of 34tph, which will operate in closed circuit with an FCB TSV high-efficiency dynamic separator. In addition, Fives FCB will supply clinker, limestone and gypsum hoppers and loading systems. "This contract is the basis of a genuine partnership between Cem'In'Eu and Fives FCB which will involve the supply of other product... |
Vicat announces stake in 2170 to develop low-carbon cements28 May 2019, Published under Cement NewsVicat has approached 2170, a subsidiary of Burgundy-based JPS Granulats, to accelerate the development of low-carbon cements. The French cement producers has announced it would buy a stake in the capital of 2170, which prides itself on being the first French producer to receive the NF Hydraulic Binder certification in February 2018 for the production of blended cements. "Vicat has always favoured short circuits throughout the territories. The synergies deployed between our two companies wi... |