Hoffmann Green Cement partners with CNR Construction to reduce carbon footprint

CHAILLÉ-SOUS-LES-ORMEAUX, France - Hoffmann Green Cement Technologies (PARIS:ALHGR), a €75 million market cap company showing remarkable revenue growth of 77% over the last twelve months, announced Tuesday it has signed a strategic partnership with CNR Construction, an independent construction company based in western France. According to InvestingPro analysis, the stock is currently trading below its Fair Value, suggesting potential upside opportunity.

Under the agreement, CNR Construction will utilize Hoffmann Green’s clinker-free cement solutions on its construction sites. The partnership marks Hoffmann Green’s first collaboration with a company in Brittany, expanding its regional network. While the company maintains low price volatility according to InvestingPro data, it currently operates at negative EBITDA of €5.34 million, reflecting its growth-focused strategy.

CNR Construction, founded in 1969 near Rennes, employs 220 people and generates annual revenue of €60 million. The company operates in building construction, civil engineering, and industrial sectors across western France and the Paris region.

Hoffmann Green produces cold-manufactured cement with zero clinker content, which the company claims has a carbon footprint five times lower than traditional cement. The company currently operates two production units at its Bournezeau site and plans to build a third factory in the Rhône-Alpes region by 2027-2028, which would increase its total production capacity to approximately 1 million tons per year. With a strong gross profit margin of 70% and significant revenue growth, the expansion aligns with the company’s aggressive scaling strategy. Unlock more insights and discover additional ProTips about Hoffmann Green’s growth potential with InvestingPro.

Sébastien Gaudin, President of CNR Construction, stated: "This partnership with Hoffmann Green illustrates our desire to build differently, combining high quality standards with a reduced environmental footprint. We are convinced that 0% clinker cements represent a solution for the future."

The announcement comes as construction companies increasingly seek ways to reduce their environmental impact while maintaining structural performance and safety standards.

According to the press release, Hoffmann Green’s cement requires 10 to 15 times less energy to produce than Portland cement, the industry standard for over 200 years.

In other recent news, Hoffmann Green Cement Technologies has entered into a strategic partnership with Donada and MRC Constructions, subsidiaries of the Angevin Group. This agreement involves multi-year volume commitments for Hoffmann’s clinker-free, low-carbon cements. The collaboration follows successful pilot projects where the Angevin Group tested Hoffmann’s 0% clinker cements, confirming their performance in real construction applications. These developments highlight Hoffmann’s efforts to expand its market reach and reinforce its commitment to sustainable building materials. The partnership aims to leverage Hoffmann’s innovative cement solutions to meet growing demands for environmentally friendly construction materials. This move could potentially strengthen the company’s position in the construction industry. The strategic alliance underscores the increasing importance of sustainable practices within the sector.

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