Hoffmann Green Cement Technologies Announces the Signing of the First Distribution Contract for its new H-IONA Cement With the Ravate Group
27 Septembre 2021 - 8:00AM
Business Wire
Regulatory News:
Hoffmann Green Cement Technologies (Paris:ALHGR) (ISIN:
FR0013451044, Ticker: ALHGR) (“Hoffmann Green Cement” or the
“Company”), a pioneer in clinker-free low-carbon cement,
today announces the signing of a 3-year contract with the Ravate
Group, a longstanding retail brand on the island of Réunion and
around the Indian Ocean, for the distribution of bags of H-IONA
cement.
A week after the commercial launch of H-IONA, the Company’s 4th
technology, Hoffmann Green Cement has signed a first distribution
contract. Within the framework of this partnership, the Ravate
Group will purchase and distribute 25 kg bags of H-IONA cement on
the islands of Réunion, Mayotte and Mauritius. This contract will
generate its first deliveries by the end of the year and will hence
begin providing a response to the substantial demand for this new
technology.
The Réunion-based group will thus supply, to construction
professionals and the general public through more than 40 outlets,
the European market’s most decarbonized cement. As a reminder, the
H-IONA technology developed by Hoffmann Green Cement has a carbon
footprint that is 6 times lower than that of traditional Portland
cement.
Julien Blanchard and David Hoffmann, co-founders of Hoffmann
Green Cement Technologies, said: “Providing professionals and
the general public with the possibility of buying very low-carbon
cement, and thus of helping fight global warming, is a source of
great pride for Hoffmann. We are delighted to have signed this
first H-IONA distribution contract with the Ravate Group, an
independent family-run business with which we share many values
such as innovation and respecting the environment. This partnership
will allow us to increase our current order book and generate
deliveries of bags of cement from 2021. We intend to sign more
partnership deals of this type in order to be able to supply H-IONA
and its exceptional benefits, notably environmental benefits, to as
many people as possible”.
Abdoullah Ravate, the Ravate Group’s President and Managing
Director, added: “Within the Ravate Group, we are very proud to
have signed this partnership deal with Hoffmann Green Cement
Technologies. Today more than ever, we need to commit to promoting
higher quality and environmentally responsible buildings by
limiting our carbon footprint. This new Hoffmann technology is a
perfect example of this. Thanks to this partnership, we will be
able to distribute H-IONA cement to a wide audience around the
Indian Ocean. This product emits less than 150 kg of CO2 per metric
ton, compared with 850 kg for traditional cement. This initiative
is perfectly in line with our sustainable development policy
arising from our CSR commitment”.
About Hoffmann Green Cement Technologies
Founded in 2014, Hoffmann Green Cement Technologies designs,
produces and distributes innovative clinker-free low-carbon cement
with a substantially lower carbon footprint than traditional
cement. Fully aware of the environmental emergency and the need to
reconcile the construction sector, cement manufacturing and the
environment, the Group believes it is at the heart of a genuine
technological breakthrough based on altering cement’s composition
and the creation of a heating-free and clean manufacturing process,
without clinker. Hoffmann Green’s cements, currently manufactured
on a first 4.0 industrial site with no kiln nor chimney in western
France, address all construction sector markets and present, at
equivalent dosage and with no alteration in the concrete
manufacturing process, higher performances than traditional
cement.
For further information, please go to:
www.ciments-hoffmann.fr
About the Ravate Group
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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Hoffmann Green Jérôme Caron Chief Financial Officer
finances@ciments-hoffmann.fr +33 (0)2 51 46 06 00
NewCap Pierre Laurent Thomas Grojean Quentin Massé
Investor Relations ciments-hoffmann@newcap.eu +33 (0)1 44 71 94
94
NewCap Nicolas Merigeau Media Relations
ciments-hoffmann@newcap.eu +33 (0)1 44 71 94 98
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