Cement News tagged under: Greece

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Titan achieves top ‘A' CDP score for climate leadership

09 February 2024, Published under Cement News

For the second consecutive year, Titan has earned a place on the globally-recognised 'A' List of the carbon disclosure non-profit organisation CDP, in recognition of its leadership in corporate transparency and performance on climate change. Furthermore, the company has achieved an 'A-' score for water security management. Titan is one of only three companies in its sector to attain top scores in both categories. Since 2020, Titan has reduced its net specific CO 2 emissions by almost 1...

Heracles acquires solid waste management and recycling firm

17 January 2024, Published under Cement News

WATT Recycling a solid waste management and recycling company has been acquired by Heracles Group of Greece. With this acquisition, Heracles Group ( Holcim ) incorporates two state-of-the-art material recovery facilities in Fyli and Koropi, Attica, with a processing capacity of over 150,000tpa of municipal waste. The recycling plants recover recyclable materials such as paper, plastics, metals, as well as the production of secondary fuels. Heracles Group aims to combine both WATT Recycl...

Holcim completes three European acquistions

15 January 2024, Published under Cement News

Holcim has completed three bolt-on acquisitions in Europe, expanding its Solutions & Products portfolio for green growth. In Spain it has acquired a majority stake in Artepref SA, a fast-growing leader in innovative precast concrete solutions. In Greece Holcim has bought WATT Recycling, a leading waste management company that produces alternative fuels. Meanwhile, in the UK Holcim has entered the advanced mortar solutions market through its acquisition of Eco-Readymix Ltd. According to...

TITAN announces IFESTOS grant agreement with EU Innovation Fund

19 December 2023, Published under Cement News

TITAN has signed a Grant Agreement with the EU Innovation Fund for IFESTOS, its pioneering carbon capture project in Greece, following its selection in July, in the context of the fund’s third call for large-scale projects. The EU Innovation Fund, one of the world’s largest funding programmes for innovative low-carbon technologies, will support TITAN's project with a grant of EUR234m. IFESTOS is poised to accelerate the green transformation of the Greek building materials industry and ...

Heracles Group’s Olympus CO2 project receives EU funding

06 December 2023, Published under Cement News

The EU Innovation Fund has chosen to co-finance Heracles Group ’s ( Holcim ) Olympus CO 2  capture project. The Olympus project aims to transform Heracles Group’s plant in Milaki , Greece, into a zero carbon cement plant through the use of innovative carbon capture and storage (CCS) technologies. The project marks an investment of over EUR300m, of which the EU Innovation Fund will grant EUR124.5m. Dimitris Chanis, Heracles Group CEO, said, “With the Olympus project, we make another stra...

Titan announces 14% sales rise in 9M23

10 November 2023, Published under Cement News

Titan 's group sales in the 9M23 increased by 14 per cent to EUR1892m YtD driven by increased volumes in all its regions and by solid pricing levels. Group EBITDA reached EUR397m YtD, up by 72 per cent as the group’s margins restored. Net profit more than doubled in the YtD to EUR198m.  The group’s nine-month 2023 net profit after taxes and minority interests (NPAT) more than doubled, reaching EUR197.6m, compared to the EUR89.1m recorded in the same period in 2022. Growth-oriented capital...

Titan sets out growth targets for 2026

02 October 2023, Published under Cement News

Members of T itan Cement International SA’ s management team have presented the company’s strategic directions and growth targets set for 2026, that aim to shape the future of the group and drive long-term stakeholders’ value. Based on a performance-driven local operating model and supported by fast-paced execution, the company sets its strategic priorities for capturing green growth during the period 2023-26. “ Strengthen the portfolio by growing our US and Europe attractive positions...

Titan and Orcan Energy form clean energy partnership

27 September 2023, Published under Cement News

Titan Cement Group and Orcan Energy, the leading cleantech company turning waste heat into clean electricity, have announced an innovation partnership. Together, the partners will explore the development and deployment of an innovative modular clean energy solution that will convert waste heat into clean and affordable electricity. This efficient solution has the potential to accelerate project implementations and at the same time reduce costs, Claims Titan. Samir Cairae, CTO of Titan , ...

Lafarge Greece uses Artevia® for Smart Park landscape

19 September 2023, Published under Cement News

The discount Smart Park in the Spata region of Attica is the first hybrid discount park in Greece with a total surface area of 9.1 acres, of which three have been landscaped into green areas. The industrial aesthetics and the innovative design of the space were highlighted with the architectural Artevia ® Desactive concrete, which covered more than 10,000m 2 . “The Artevia ® architectural / decorative concrete range exceeds the limitations of traditional building materials by combinin...

TITAN expands investment in Rondo Energy

14 September 2023, Published under Cement News

TITAN has expanded its existing investment in Rondo Energy, a US-based pioneer in zero-carbon industrial heat solutions. In collaboration with other global leaders, TITAN's contribution has empowered Rondo Energy to secure an impressive US$60m in funding. This infusion of capital is primed to speed up the rollout of Rondo Heat Batteries worldwide and transform the global energy storage market.  In addition to its financial support, TITAN has solidified its involvement by joining Rondo's S...