Hoffmann Green Cement Technologies (France), announces the signature with the Shurfah Group of a 22-year exclusive licensing agreement in order to build several Hoffmann Green units in Saudi Arabia to support the decarbonation of the construction sector in this territory.
The Shurfah Group, a Saudi conglomerate, has signed a 22-year licensing agreement to finance, build and operate Hoffmann Green production units. The agreement was also signed to market Hoffmann Green carbonfree cements exclusively throughout Saudi Arabia.
A first clinker-free cement plant will be built in 2024 in Saudi Arabia, and it will be a replica of H2, a vertical plant in which cement production follows a gravity-driven process enabling the unit’s production to be optimized.
This and all subsequent vertical units will be built entirely with Hoffmann Green cement. In return for the industrial and technological transfer and this exclusivity, Hoffmann Green will receive from Shurfah an entry fee and fixed and variable annual royalties based on sales generated by the marketing of Hoffmann cements in Saudi Arabia
Thanks to their future plants, Hoffmann Green and Shurfah aim to support the decarbonation of Saudi Arabia's construction sector and help the country to accelerate its trajectory towards carbon neutrality.
