PRESS RELEASE

September 2, 2026

Derichebourg Environnement and Vicat strengthen their cooperation to support industrial decarbonisation and the circular economy through their VALèreCO joint venture

• A partnership spanning more than thirty years, supporting the circular economy, industrial decarbonisation and regional reindustrialisation
• A new strategic project in the Grand Est region (France) representing an investment of nearly €7 million
• A facility that will ultimately produce 34,000 tonnes of Solid Recovered Fuel (SRF) per year, primarily to supply Vicat’s Xeuilley cement plant

Paris / L'Isle-d'Abeau, September 2, 2026 – Derichebourg Environnement and Vicat are taking a new step forward in their industrial cooperation, strengthening a partnership that dates back to the early 1990s.

Historically associated through the company Valerco, recently renamed VALèreCO, the two groups have been working together in the Auvergne-Rhône-Alpes region through Derichebourg Environnement’s subsidiary Purfer, which produces alternative fuels for Vicat’s Montalieu-Vercieu cement plant (Isère).

Based on a shared vision of the circular economy and the energy recovery of waste, their cooperation has demonstrated the relevance of a model combining recycling expertise with industrial know-how. Today, it is entering a new phase with the development of a major project in the Grand Est region.

VALèreCO, their jointly owned company, is therefore being strengthened to support a new industrial project dedicated to the production and energy recovery of Solid Recovered Fuel (SRF).

The project involves the construction of an SRF production unit in Pagny-sur-Meuse (Meuse). Representing an investment of nearly €7 million, the facility will ultimately produce 34,000 tonnes of SRF per year, primarily to supply Vicat’s Xeuilley cement plant (Meurthe-et-Moselle), which produces low-carbon cement. The Grand Est Region is supporting the project through its “Grand Est – Aide aux grandes entreprises” programme, as the project is considered strategic for the region. GIP Objectif Meuse, which supports initiatives aimed in particular at developing the local industrial base and energy-transition projects in the Meuse department, has been assisting the initiative for several months and will shortly consider the possibility of providing support for the project. This project illustrates the two partners’ shared ambition to accelerate industrial decarbonisation through local, circular and competitive solutions, transforming non-recyclable waste into alternative energy resources that can replace fossil fuels.

Industrial cooperation creating value for the region

Designed as a genuine local industrial ecology project, VALèreCO is based on short, local supply chains. The SRF will be produced less than 50 kilometres from where it is consumed, thereby reducing transportation while providing a sustainable outlet for all of the facility’s production.

This organisation makes it possible to:

• substantially reduce the landfilling of non-recyclable waste with high calorific value;
• replace fossil fuels with local, circular energy;
• contribute to France’s national targets for reducing fossil fuel consumption;
• strengthen the resilience of French industry’s energy supply.

A tangible lever for decarbonisation

SRF production is now a major lever for industrial decarbonisation. Through this long-term partnership, VALèreCO secures both the outlets for the SRF it produces and the energy supply of Vicat’s cement plant, thereby creating a sustainable and replicable industrial model.

Thomas Derichebourg, Chief Executive Officer of Derichebourg Environnement, said: “The further development of VALèreCO reflects our ambition to make the circular economy a driver of industrial decarbonisation. By developing, alongside Vicat, a new local supply chain for the production of Solid Recovered Fuel, we are providing a tangible response to three major challenges:

• reducing the landfilling of non-recyclable waste;
• strengthening energy security across our regions;
• supporting our industrial partners in their transition towards lower-carbon production models.

This project demonstrates that, by combining our expertise, we can reconcile industrial performance, competitiveness and environmental commitment.”

Guy Sidos, Chairman and Chief Executive Officer of Vicat, added: “Decarbonisation is at the heart of Vicat’s strategy. The development of alternative fuels is one of the key levers in our climate roadmap towards carbon neutrality by 2050. With VALèreCO, we are taking another step forward by securing a local, sustainable and competitive supply of solid recovered fuels. This partnership with Derichebourg Environnement illustrates our commitment to developing innovative industrial solutions that are rooted in local communities and create value for all stakeholders.”

Key project figures

• €7 million in investment;
• 34,000 tonnes of SRF produced annually, with maximum production capacity of 40,000 tonnes;
• Approximately 30,000 tonnes of CO₂ emissions avoided each year by replacing fossil fuels;
• 3,000 m² of operating space.

About Derichebourg Environnement

Derichebourg Environnement is one of Europe’s leading players in the circular economy. For 70 years, the Group has been collecting, recycling and recovering waste to produce recycled raw materials and energy that help preserve natural resources, decarbonise industry and strengthen security of supply. The Group currently operates in 17 countries and employs 8,800 people worldwide. In 2025, the Derichebourg Group generated pro forma revenue of €5.0 billion (taking into account Scholz’s revenue).

For further information: http://www.derichebourg.com

About Vicat

For 170 years, VICAT has been a leading industrial player in the field of mineral and bio-based construction materials. VICAT is a group listed on Euronext Paris and is a constituent of the SBF 120 index, while remaining majority-controlled by the founding family. With the ambition of achieving carbon neutrality across its value chain by 2050, the company currently operates in three main business lines - cement, ready-mixed concrete (RMC) and aggregates - alongside complementary activities related to these core businesses.

Operating in 12 countries, both developed and emerging, the cement group employs 10,500 people and generated consolidated revenue of €3.854 billion in 2025. With strong local roots, VICAT is developing a circular economy model that benefits all stakeholders and innovates every day to reduce the environmental impact of construction.

www.vicat.fr

Press contacts

Derichebourg Environnement

NewCap
Relations investisseurs et communications stratégiques
Louis-Victor Delouvrier/ Théo Martin
derichebourg@newcap.eu
T. : 01 44 71 94 94

Backbone
Emmanuel Dubarry
derichebourg@backbone.consulting

Vicat
Raphaël Hinninger – Group Communications Director
+33 7 61 74 86 52
raphael.hinninger@vicat.fr