Cement News tagged under: Vicat
CI4C consortium makes progress with carbon capture project19 November 2020, Published under Cement NewsThe pilot project "catch4climate", for which four cement manufacturers have joined forces, is set to capture CO 2 at the site of the Mergelstetten cement plant in southern Germany. For this, the consortium intends to build and operate its own demonstration plant on a semi-industrial scale, where the oxyfuel process will be applied for CO 2 capture. The captured CO 2 will then be used to produce "reFuels", climate-neutral synthetic fuels such as kerosene for air traffic, with the help of r... |
Vicat in India’s solar journey06 October 2020, Published under Cement NewsVicat in India has been successfully embarking on its renewable energy journey, using a small-scale trial project as a starting point. Here the company shares the different phases of its project management approach and explains how the experience gained has led to larger solar installations at its two domestic cement facilities. By Vicat in India, India. Vicat in India’s 10MWp solar plant at the Bharathi cement works, Andhra Pradesh Founded in 1853, French multinational company ... |
C’est la Vicat15 September 2020, Published under Cement NewsSince Louis Vicat discovered artificial cement in 1817, the France-based Vicat group has expanded to be a major cement producer in 12 countries. The family-owned business was founded in 1853 when it launched its first dry-process plant. More recent investments have focussed on Vicat structuring its business around the circular economy, the regeneration of the Ragland plant in USA, the acquisition of Ciplan in Brazil, and greenfield expansion in India and Africa. Supporting revenues also cont... |
Vicat's 1H20 results see consolidated sales of EUR1.3bn31 July 2020, Published under Cement NewsVicat has announced 1H20 results with consolidated sales of EUR1.304bn, down 2.7 per cent from EUR1.340bn in 1H19. EBITDA reached EUR213m, representing a decline of 6.7 per cent on EUR228m earned in 1H19. The EBITDA margin stood at 16.3 per cent in the 1H20 compared with 17 per cent in 1H19. First-half operational sales of the cement business rose 0.9 per cent on a reported basis, and 1.9 per cent at constant scope and exchange rates. The concrete and aggregates business recorded a... |
Vicat signs decarbonisation agreement with Carbon8 Systems16 July 2020, Published under Cement NewsCarbon8 Systems, the UK company that invented and owns a process that combines industrial waste residues or byproducts with captured CO₂ emissions to produce high-value, lightweight construction aggregates, has signed a commercial agreement with Vicat Group. Carbon8 Systems will deploy its award-winning technology at Vicat's Montalieu cement plant in southern France next month. It is Carbon8 Systems' first commercial deployment of its CO₂ntainer system (a modular, containerised solution) in... |
Vicat sees improved activity in May24 June 2020, Published under Cement NewsFrance-based cement producer Vicat has provided an update of business levels in May, noting a marked improvement when compared with market performance in March and April. In France business activity has been improving steadily since the low point of mid-March and by the end of May, the level was slightly lower than that recorded in the year-ago period. Switzerland also continues to perform well. The challenging macroeconomic and competitive environment in Turkey and Egypt continue to aff... |
Vicat post 3% sales increase in 1Q2006 May 2020, Published under Cement NewsVicat reported a 2.6 per cent advance in total consolidated sales in the January-March 2020 period to EUR615.5m from EUR600m in the 1Q19. At constant scope and exchange rates, consolidated sales edged up 0.2 per cent YoY. The company posted a 5.5 per cent rise in consolidated cement sales to EUR319m in the first quarter of 2020 – or an increase of 3.7 per cent at constant scope and exchange rates – when compared with the 1Q19. Concrete and aggregate sales were up 1.4 per cent YoY to EUR2... |
Vicat to revise 2020 outlook in view of coronavirus30 March 2020, Published under Cement NewsVicat has warned that while its 2020 outlook needs to be revised in terms of the potential impact of COVID-19 on the cement producer’s business, it is not able at this stage to provide a detailed and accurate assessment of how its markets and financial performance will develop during the course of the year. Adaptation measures have already been implemented, including a plan to reduce operating costs and defer non-strategic capital expenditure. |
US cement market boosted FY19 financial results28 February 2020, Published under Cement NewsThis week, several leading cement producers reported on their FY19 business results. ICR has taken a look at the results of HeidelbergCement, LafargeHolcim, Dangote Cement, Vicat and Argos to see what regional patterns can be discerned from the recent results of these industry players. In terms of cement sales volumes (see Table 1), growth was limited to less than one per cent in 2019. Argos saw the largest advance at 0.7 per cent, but LafargeHolcim was well behind the other producers with... |
Vicat reports 6% increase in consolidated sales for 201914 February 2020, Published under Cement NewsVicat has reported a 6.1 per cent increase in consolidated sales to EUR2.74bn for 2019, rising from EUR2.58bn in the previous year. EBITDA showed a similar 6.9 per cent YoY growth to EUR526m from EUR492m, while the EBITDA margin edged up to 19.2 per cent from 19.1 per cent in 2018. "The Vicat Group’s solid performance in 2019 reflects the relevance and robustness of its business model. Strong growth in France, India, the USA, Africa and Kazakhstan helped offset difficult market conditions i... |