Ecocem Materials Ltd

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Ecocem Materials Ltd - overview

Established

2002

Location

Dublin, -, Ireland

Primary Industry

Materials

About

Ecocem Materials Ltd, based in Dublin, Ireland, specializes in innovative low-carbon cement technologies, particularly focused on sustainable construction solutions that combat carbon emissions in the cement industry. Founded in 2002, Ecocem Materials Ltd is dedicated to developing low-carbon cement alternatives. The company has successfully pivoted towards sustainability, aligning its operations with global environmental goals. Ecocem is headquartered in Dublin, Ireland, and has raised a total of EUR 22.


5 million in funding during its latest round, contributed by Breakthrough Energy Ventures, with this amount representing its total fundraising to date. The company has completed one notable deal, with the most recent occurring on May 6, 2021. Ecocem specializes in low-carbon cement technologies, prominently featuring its core product, Ecocem Ground Granulated Blast-furnace Slag (GGBS). This innovative blended cement solution is primarily utilized in construction applications, particularly for geotechnical works, soil property improvement, brownfield remediation, and dredged sediment stabilization.


The company serves a diverse client base that includes construction firms, civil engineering companies, and environmentally-focused organizations across multiple geographical markets, including Ireland, the United Kingdom, France, Belgium, the Netherlands, and the United States. In the most recent year, Ecocem reported a revenue of EUR 222,634,995. 70 and an EBITDA of EUR 24,075,506. 90, generated through direct sales of its low-carbon cement products to commercial and governmental entities involved in construction and infrastructure projects.


In May 2021, Ecocem Materials Ltd raised EUR 22. 5 million in venture funding to support the development of new ultra-low-carbon cement products. The company plans to leverage its expertise in slag-based cements, incorporating new materials and technologies developed in-house. Ecocem aims to expand its market presence in Europe and beyond, actively targeting new geographic markets to facilitate growth in the coming years.


Current Investors

Breakthrough Energy Ventures

Primary Industry

Materials

Sub Industries

Environmental Services, Environmental Materials

Website

http://www.ecocem.ie

Verticals

Manufacturing

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Ecocem Materials Ltd - timeline of key events

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Ecocem Materials Ltd - financials

Fiscal Year EndedDec 31, 2012Dec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)57,501,40661,097,04561,255,86063,785,22472,595,08479,411,05795,855,769125,255,655135,167,991---
% Revenue Growth (YoY)-6.3%0.3%4.1%13.8%9.4%20.7%30.7%7.9%---
EBITDA (USD)7,829,8767,719,4455,307,8956,089,8867,956,1928,054,162(247,758)17,563,49215,055,135---
Operating Income (USD)4,071,2204,147,3421,824,3042,574,8134,024,4632,866,451(7,370,458)8,787,1476,060,977---
Operating Margin7.1%6.8%3.0%4.0%5.5%3.6%(7.7%)7.0%4.5%---
% EBITDA Margin13.6%12.6%8.7%9.5%11.0%10.1%(0.3%)14.0%11.1%---
NET Income (USD)4,038,7972,174,219479,7771,162,7552,410,196788,031(8,271,579)3,443,6786,480,461---
% Net Margin7.0%3.6%0.8%1.8%3.3%1.0%(8.6%)2.7%4.8%---

Ecocem Materials Ltd - employee data

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