The Vicat Group awarded a “Grand Projets Industriels de Décarbonation” (GPID) grant for its VAIA project

Group 1 - The Vicat Group's VAIA project has been awarded a GPID grant by the French government, marking a significant milestone in its development [1] - The VAIA project aims to capture and store 1.2 million tons of CO2 annually at the Montalieu-Vercieu cement plant, the largest in France [1] - The final investment decision for the VAIA project is scheduled for 2027, following ongoing studies [1] Group 2 - The GPID grant is part of the French government's Major Investment Plans aimed at accelerating ecological and industrial transition [2] - The program supports innovative projects that contribute to the decarbonization of industry and modernization of infrastructure [2] Group 3 - Vicat has been a key player in the mineral and biosourced building materials industry for 170 years and is listed on the Euronext Paris market [3] - The company aims for carbon neutrality in its value chain by 2050 and operates in three core business lines: Cement, Ready-Mixed Concrete, and Aggregates [3] - Vicat generated consolidated sales of €3,884 million in 2024 and employs nearly 10,000 people across 12 countries [3]