Hoffmann Green Ciment: The latest figures, news and market research on Hoffmann Green Ciment

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Country: France

Hoffmann Green conquers the United States 15/07/2024

- Hoffmann Green Cement Technologies (HGCT) start-up date: 2014
- Number of employees: 52 in 2023 - Sales in 2023: 6 million euros
- Sales target for 2026: 130 million euros - Investment in Bournezeau plant: 22 million euros
- Funds raised since inception: 120 million euros
- Exclusive U.S. licensing agreement: 30 years
- Initial license fee: 2 million euros, rising to 20 million euros by 2025
- Possible extension of license to all states, envisaging at least one production unit per state

Hoffmann Green's low-carbon cement hits DIY store shelves 01/02/2024

- Hoffmann Green Cement Technologies (HGCT) has signed a distribution contract with the Les Mousquetaires group to sell two of its low-carbon cements.
- These cements will be distributed in all the group's DIY chains: Bricorama, Brico Cash, Bricomarché and Tridôme, a total of 652 sales outlets.
- HGCT's H1 plant in Bournezeau has an annual production capacity of 50,000 tonnes, while the H2 plant produces 250,000 tonnes at full load.
- The order book already stands at 250,000 tonnes, worth 50 million euros.
- The company's estimated sales for fiscal 2023 are in the region of 5 million euros.
- The sales target for 2026 is 120 million euros, with four plants in operation.

Hoffmann Green deploys decarbonated cement in Saudi Arabia 07/09/2023

Hoffmann Green finalizes an exclusive 22-year licensing agreement with the Shurfah Group.
The construction of four plants in Saudi Arabia is estimated at 22 million euros each.
Each plant will have a capacity of 250,000 tons.
Hoffmann Green will receive an entry fee and annual royalties based on sales generated in Saudi Arabia.
The first plant in Saudi Arabia is scheduled for 2024.
Shurfah Holding's real estate assets exceeded 13.8 million homes and over 6 billion riyals in investments.
Hoffmann Green achieved sales of 2.2 million euros in 2022.
The company plans to produce 24,000 tonnes of decarbonated cement in France in 2023, and achieve sales of over 4.5 million euros.
Total production capacity will be 550,000 tonnes a year by 2026, generating sales of around 120 million euros, representing a 3% market share in France.

Hoffmann Green from the Vendée places its low-carbon cement in Saudi Arabia 23/06/2023

Hoffmann Green Cement Technologies confirms its international deployment, notably in Switzerland and Saudi Arabia.
Hoffmann Green's technology is a cold manufacturing process for low-carbon cement.
The Vendée-based SME has signed an agreement with the Saudi conglomerate Shurfah Holding to build four plants in Saudi Arabia.
The new production unit, inaugurated in May in Bournezeau, has an annual capacity of 250,000 tonnes.
Construction of the four plants in Saudi Arabia will be financed by Shurfah Holding.
The first plant in Saudi Arabia will be built in Riyadh, and work will start in 2024.
Hoffmann Green will receive royalties for the industrial and technological transfer.
Hoffmann Green already has an agreement in Switzerland with the family-owned Maulini construction group, and may sign one in the UK with Cemblend.

Low-carbon cement: Hoffmann Green goes from strength to strength 16/05/2023

Hoffmann Green Cement Technology expects commercial launch in 2023 04/04/2023

Sales 2022: 2.2 million euros (vs. 2.4 million in 2021)
Green cement sales in 2022: 12,000 tonnes (20% more than in 2021, but below the forecast of 80,000 tonnes)
Number of employees: 43
Fundraising: Nearly 100 million euros in two years
Ambition to have 4 operating units in Europe by 2026

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