Hoffmann Green Cement Technologies Exceeds Revenue Target with Decarbonized Cement Sales
Hoffmann Green Cement Technologies, a French company specializing in the decarbonization of the construction industry, has surpassed its revenue target for 2023, reporting an impressive €6.0 million, more than doubling last year's figure.
Hoffmann Green Cement Technologies's innovative clinker-free cements, particularly the H-UKR technology, have been instrumental in driving sales, contributing significantly to the company's 2.7x revenue growth compared to 2022.
Despite a sluggish construction market, Hoffmann Green managed to sell 21,378 tons of cement in 2023, marking a 78% increase from the previous year and a staggering 12x jump since 2021. The increasing market acceptance of these sustainable solutions reflects a broader shift towards environmentally friendly practices in the construction sector.
Hoffmann Green's success story is further bolstered by its strategic partnerships and ambitious expansion plans. The company has secured a licensing contract with the Saudi Shurfah Group, strengthening its presence in the Middle East and facilitating the production and distribution of Hoffmann Green's cements across the region.
]Looking ahead, Hoffmann Green has announced its financial agenda for 2024, targeting 150,000 tons of cement annually.
This ambitious plan is expected to pave the way for additional growth and cement Hoffmann Green's status as a leader in the decarbonized cement industry.
Source: BNN Breaking
