Low-carbon cement manufacturer Hoffmann Green Cement Technologies has signed a 22-year exclusive licensing contract with Saudi Arabia real estate developer Shurfah Group.
The agreement will fund, construct and operate Hoffmann Green production units, as well as exclusively supply Hoffmann Green carbon-free cement in Saudi Arabia.
This move is intended to support the decarbonisation of the construction sector in this region.
Next year, the first clinker-free cement factory, modelled after the H2 vertical model, will be developed in Saudi Arabia.
Hoffmann Green Cement Technologies co-founders Julien Blanchard And David Hoffmann said: “Just a few weeks after signing a pre-agreement, we have given concrete expression to our commitment by signing this licensing contract with Shurfah, a major player in the Saudi Arabian construction industry.”
Germany-based general contractor IBAU Hamburg will oversee the engineering and production process of this project.
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In June 2022, IBAU Hamburg and Hoffmann signed an exclusive partnership to build future Hoffmann units.
Hoffmann Green and Shurfah anticipate that their future plants will help decarbonise Saudi Arabia’s construction industry and assist the country in expediting its efforts to achieve carbon neutrality.
Shurfah Holding founder and chairman Abdullah Al Majed said: “Saudi Arabia has announced that it is aiming for carbon neutrality by 2060. In order to meet its ecological ambitions, Shurfah is striving to contribute to the sustainable development of the Saudi economy and the realisation of Vision 2030.
“The construction of the first vertical plant in 2024 is just the beginning before, we hope, the duplication of several units throughout the country.”