Renewal and Extension of the Partnership Between HOFFMANN GREEN and RAVATE Group Until 2028
29 Abril 2024 - 3:00AM
Business Wire
Regulatory News:
Hoffmann Green Cement Technologies (ISIN: FR0013451044, Ticker:
ALHGR) (“Hoffmann Green Cement” or the “Company”) (Paris:ALHGR), an
industrial player committed to the decarbonation of the
construction sector that designs and markets innovative
clinker-free cements, announces the renewal for a further 4 years
and extension of its partnership with the Ravate group, a
long-established brand in Réunion and the Indian Ocean.
Signed in September 2021, the initial contract has been extended
until 2028. The extension of the partnership between Hoffmann Green
and the Ravate group reflects the success of Hoffmann Green's 0%
clinker cement among construction professionals and the retail
consumers on the Reunion island and in the Indian Ocean. The
partnership between the two groups has already resulted in the
construction of the single-family homes and the completion of
several construction projects using Hoffmann cement bags
distributed under the PRO CEMENT 52.5N brand.
The renewal of this partnership reflects the mutual trust
between the two Groups and reaffirms the Ravate Group's commitment
to eco-friendly construction, while guaranteeing the quality of the
products distributed. As part of this partnership, the Ravate Group
will continue to purchase and distribute Hoffmann Green's 0%
clinker decarbonated cements under the PRO CEMENT 52.5N brand in
Reunion, Mayotte and Mauritius. In this way, the Reunion-based
group will be offering the most carbon-free cement on the European
market to construction professionals and retail consumers at more
than 40 stores.
The renewed contract also includes the supply of PRO CEMENT
52.5N bulk cement to several ready-mix concrete plants in the
geographical area covered by the Ravate Group. As a result, a wider
range of players in the region's construction sector will be
supplied with concrete manufactured from Hoffmann 0% cement
clinker, from small-scale masons to large construction
companies.
Julien Blanchard and David Hoffmann, co-founders of Hoffmann
Green Cement Technologies, said: “The signing of this
partnership extension is perfectly in line with our development
strategy aimed at extending the distribution of our 0% clinker
cement to both professional and retail consumers. This renewed
commitment reflects our partner's enthusiasm to accelerate the
distribution of our 0% clinker decarbonated cements, marketed under
the PRO CEMENT 52.5N brand, in all its stores in the Indian Ocean
region. The supply of our cement to ready-mix concrete plants is
also strengthening our order book. We are delighted to continue our
partnership with the Ravate group, an independent family business
with which we share many values, particularly innovation and
respect for the environment.”
Abdoullah Ravate, Ravate Group’s President and Managing
Director, added: “The extension of our partnership with
Hoffmann Green reaffirms our determination to promote eco-friendly
construction methods while guaranteeing the quality of our
products. Thanks to Hoffmann Green's innovative technology, we can
achieve this commitment. Through this collaboration, we will
continue to distribute bags of 0% clinker cement under the PRO
CEMENT 52.5N brand to both professionals and retail consumers. We
will also distribute Hoffmann Green's 0% clinker cement to
ready-mix concrete plants, contributing to the decarbonization of
the construction sector for a wider range of regional players.
These initiatives are fully in line with our sustainable
development policy and our commitment to CSR.”
ABOUT HOFFMANN GREEN CEMENT TECHNOLOGIES
Founded in 2014 and based in Bournezeau (Vendée, Western
France), Hoffmann Green Cement Technologies designs, produces and
distributes innovative extremely low-carbon cements – with a carbon
footprint 5 times lower than traditional cement – that present, at
equivalent dosage and with no alteration to the concrete
manufacturing process, superior performances than traditional
cement.
Hoffmann Green operates two production units powered by a solar
tracker park on the Bournezeau site: a 4.0 factory and H2, the
world's first vertical cement plant inaugurated in May 2023. A
third factory will be established at the Grand Port of Dunkirk in
2025, bringing the total production capacity to 550,000 tons per
year, representing 3% of the French market. The group has
industrialized a genuine technological breakthrough based on
modifying cement composition and creating a cold manufacturing
process, with 0% clinker and low energy consumption, making it a
leading and unique player in the cement market that has not evolved
for 200 years.
In a context of climate urgency and energy price inflation,
Hoffmann Green Cement actively participates in energy transition by
producing clean cement that consumes 10 to 15 times less energy
than Portland cement. It also promotes eco-responsible construction
and encourages circular economy and natural resource preservation.
With its unparalleled and constantly evolving technological
expertise, driven by high-performing teams, Hoffmann Green Cement
Technologies serves all markets in the construction sector, both in
France and internationally.
Hoffmann Green was selected among the 2022 promotion of the top
20 French green startups as part of the French Tech Green20
program, led by the French Tech Mission in partnership with the
Ministry of Ecological Transition. In June 2023, the company was
selected for French Tech 2030, a new ambitious support program
operated by the French Tech Mission alongside the General
Secretariat for Investment (SGPI) and Bpifrance.
The company continues its international development with
contract signings in the United Kingdom, Belgium, Switzerland,
Saudi Arabia and recently in the United States.
For further information, please go to :
www.ciments-hoffmann.fr/
ABOUT GROUP RAVATE
The Ravate brand serves the inhabitants of the Indian Ocean
island of Réunion, and has been a part of the local economic fabric
for the last seventy years. It employs more than 1,000 people. The
Group’s first store opened in 1955 in the center of Saint-Denis,
the island’s capital. The company operates on the household goods
segment. It runs a number of domestic and international chains in
DIY, non-food discount and clothing, with a strong presence in
household appliances. Building La Réunion, cementing relations,
fostering excellence and promoting living together in harmony are
this family-run group’s values. Its founder Issop Ravate’s dream to
help the island’s inhabitants improve their living conditions is
continuing to be implemented.
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version on businesswire.com: https://www.businesswire.com/news/home/20240428153163/en/
Hoffmann Green Jérôme Caron Chief Financial Officer
finances@ciments-hoffmann.fr 02 51 460 600
NewCap Investors Relations Thomas Grojean Alban Dufumier
ciments-hoffmann@newcap.eu 01 44 71 94 94
NewCap Financial Media Relations Nicolas Merigeau Antoine
Pacquier ciments-hoffmann@newcap.eu 01 44 71 94 98
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