PRESS RELEASE
Located in the north of Karnataka, the plant has a nominal capacity of 2.8 million tonnes of cement per year and boasts cutting-edge cement technology, a captive power plant and immediate access to rail transport.
In order to benefit from substantial operational synergies between the companies controlled by Vicat in India, the plant's production will be marketed under the "Bharathi" brand, backed up by its strong reputation and a solid distribution network covering the whole of western and southern India.
VICAT INVESTOR RELATIONS CONTACTS:STEPHANE BISSEUIL TEL.: +33 (0)1 58 86 86 13 s.bisseuil@vicat.f r
VICAT PRESS CONTACTS:CLOTILDE HUET CATHERINE BACHELOT- FACCENDINI
TEL.: +33 (0)1 58 86 86 26 clotilde.huet@tbwa-corporate.com catherine.bachelot- faccendini@tbwa-corporate.com
REGISTERED OFFICE:TOUR MANHATTAN
6 PLACE DE L'IRIS
F-92095 PARIS - LA DEFENSE CEDEX
TEL.: +33 (0)1 58 86 86 86
FAX: +33 (0)1 58 86 87 84
SA WITH CAPITAL OF €179,600,000
EEC IDENTIFICATION: FR 92 - 057
505 539
RCS NANTERRE
This commissioning consolidates the Vicat Group's position as a major player in the fast-growing market of India.
In the future, the "Vicat Sagar" plant's production capacity will be increased to follow the expected strong growth of the Indian market.
ABOUT VICAT
The Vicat Group has close to 7,400 employees working in three core divisions, Cement, Concrete & Aggregates and Other Products & Services, which generated consolidated sales of €2,265 million in
2011.
The Group operates in eleven countries: France, Switzerland, Italy, the United States, Turkey, Egypt, Senegal, Mali, Mauritania, Kazakhstan and India. Nearly 59% of its sales are generated outside France.
The Vicat Group is the heir to an industrial tradition dating back to 1817, when Louis Vicat invented
artificial cement. Founded in 1853, the Vicat Group now operates three core lines of business:
Disclaimer:
This press release may contain forward-looking statements. Such forward-looking statements do not constitute forecasts regarding results or any other performance indicator, but rather trends or targets. These statements are by their nature subject to risks and uncertainties as described in the Company's annual report available on its website (www.vicat.fr). These statements do not reflect the future performance of the Company, which may differ significantly. The Company does not undertake to provide updates of these statements. Further information about Vicat is available from its website (www.vicat.fr).
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