Hoffmann Green Opens Its First International Subsidiary With a Partner in Switzerland
06 Juli 2022 - 8:00AM
Business Wire
Regulatory News:
Hoffmann Green Cement Technologies (ISIN: FR0013451044, Ticker:
ALHGR) (Paris:ALHGR) (“Hoffmann Green Cement” or the “Company”), an
industrial player committed to decarbonizing the construction
sector that designs and distributes innovative clinker-free cement,
announces the opening of its first international subsidiary in
partnership with a Swiss construction company.
Hoffmann Green's international development strategy is based on
the signature of license agreements with local partners in charge
of financing, building and operating Hoffmann production units and
then marketing Hoffmann Green carbon-free and 0% clinker cements on
their land.
Based on this model, Hoffmann Green has established its first
partnership in Switzerland with a local construction company
through the setting up of a joint venture. This Swiss company,
majority controlled by the partner, will be the exclusive licensee
of Hoffmann cements in Switzerland.
With the same characteristics as the cements produced on the
Bournezeau sites, the decarbonated cements produced in Switzerland
will be manufactured in a vertical production unit based on the
same model as H2, Hoffmann Green second production unit in
Vendée.
Julien Blanchard and David Hoffmann, co-founders of Hoffmann
Green Cement Technologies, said: "After signing our first
contract outside of France more than a year ago, we are proud to
accelerate our international development through a licensing model
for Hoffmann Green technologies and processes. The opening of this
first subsidiary in Switzerland proves the attractiveness of our
clinker-free decarbonated solution outside our borders and is a
structuring step in the development of Hoffmann Green."
NEXT FINANCIAL EVENT:
HYR 2022, September 19, 2022, before market opening market
opening
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 6 times lower than traditional cement – that present, at
equivalent dosage and with no alteration to the concrete
manufacturing process, superior performances than traditional
cement. With one 4.0 industrial sites already operational and two
new sites on the way, the Group has industrialized a genuine
technological breakthrough based on alterations to cement’s
composition and the creation of a clean, heating-free and
clinker-free manufacturing process making it a leading and unique
player on a cement market that has not undergone any significant
changes in the last 200 years. Within the context of the climate
emergency, Hoffmann Green Cement is thus actively participating in
the energy transition by working to create eco-responsible
buildings and by encouraging the circular economy and the
preservation of natural resources. Thanks to its unrivaled
technological know-how that is constantly improving, driven by
effective and cutting-edge teams, Hoffmann Green Cement
Technologies addresses all construction sector markets, both in
France and abroad.
For further information, please go to:
www.ciments-hoffmann.com
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version on businesswire.com: https://www.businesswire.com/news/home/20220705005617/en/
Hoffmann Green Jérôme Caron Chief Financial Officer
finances@ciments-hoffmann.fr +33 2 51 460 600
NewCap Investor Relations Pierre Laurent Thomas Grojean
Quentin Massé ciments-hoffmann@newcap.eu +33 1 44 71 94 94
NewCap Media Relations Nicolas Merigeau
ciments-hoffmann@newcap.eu +33 1 44 71 94 98
Hoffmann Green Cement Technologies | Telephone: +33 2 51 460
600 | Email: finances@ciments-hoffmann.fr
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