Cement News tagged under: Greece
Titan Cement Group joins Business Ambition for 1.5°C14 October 2021, Published under Cement NewsTitan Cement Group signed 'Business Ambition for 1.5˚C', a global campaign led by the Science Based Targets initiative (SBTi) in partnership with the UN Global Compact and the We Mean Business coalition, joining a number of leading companies worldwide that are committed to keeping global warming to 1.5°C and reaching net-zero emissions by 2050. By signing Business Ambition for 1.5°C, Titan also joined the United Nations Framework Convention on Climate Change (UNFCC) 'Race to Zero' glob... |
Titan receives its first LNG tractor for cement transport07 October 2021, Published under Cement NewsTitan Cement Group has acquired its first liquefied natural gas (LNG) tractor for cement transport within Greece, a pilot action in collaboration with BlueFuel and the Sarakakis Business Group, importer of Volvo equipment. In addition to the reduction of operating and maintenance costs, through the use of LNG in heavy vehicles, a reduction of up to 25 per cent in CO 2 emissions is achieved. At the same time, the emissions of sulphur oxides and microparticles are eliminated, while NO x emi... |
Titan forms joint venture with Terna Energy24 September 2021, Published under Cement NewsTitan Cement Group and Terna Energy, in a joint venture, will participate in the public tender process for the PPPs of the Mechanical & Biological Waste Treatment (MBT) plants in Attica and Central Macedonia. On 22 September the joint venture submitted letters of interest to participate in the first phase of the tender process for the MBTs of the Central Circular Economy Park in Attica and the Circular Economy Park of Piraeus, as well as the MBT of the western sector of Central Macedonia.... |
Titan Cement’s reports strong US and Greek revenues in the 1H2130 July 2021, Published under Cement NewsTitan Cement reported that in the USA the positive momentum in US fundamentals continued in the first half of the year. Revenue in the USA recorded a 10.2 per cent increase in US dollar terms in the 1H21 but was almost flat in euro terms (+0.8 per cent) at EUR479.3m. US EBITDA reached EUR81.2m, up by 1.9 per cent in US dollar terms but down 6.8 per cent in euro terms when compared with the 1H20. The discrepancy is due to higher maintenance costs in the 1H21 as well as increased logisti... |
Titan Cement International SA announces in consolidated revenues of EUR821.1m in 1H2130 July 2021, Published under Cement NewsTitan Group announced consolidated revenue amounted to EUR821.1m in the 1H21, up 4.4 per cent versus the 1H20, reflecting growing demand in most markets and a supportive pricing environment. Top line growth was held back by weaker US dollar and US dollar-linked currencies. In local currencies, growth was 11.7 per cent. Titan Group saw positive sales volume trends in all product lines. Group cement and clinker sales, including exports, increased by 11 per cent supported by higher demand ac... |
Titan's AI optimiser is rolled out across its portfolio23 July 2021, Published under Cement NewsTitan is creating the smart cement plant of the future with a multitude of cutting-edge solutions leveraging the power of artificial intelligence (AI), in the context of the group’s digital transformation journey, including the roll-out of its fully-autonomous, real-time optimisers for the entire cement production line. Initially launched at Pennsuco cement plant in the USA starting in late 2017 with a revolutionary prototype, one of the first AI systems to be used in cement production, t... |
Titan Cement has SBTI validate its CO2 emission reduction targets16 July 2021, Published under Cement NewsTitan Cement group is one of the first cement companies worldwide to have its CO 2 emissions reduction targets validated by the Science Based Targets initiative (SBTi) as consistent with levels required to meet the goals of the Paris Agreement, following a thorough procedure. The targets, covering greenhouse gas emissions from Titan’s operations (scope 1 and 2), are consistent with required to keep warming to well below 2˚C. The SBTi has validated Titan’s commitment to: • Reduce scope 1 ... |
Titan's Greek plants gain Platinum rating for zero waste13 July 2021, Published under Cement NewsThe highest Platinum rating (Zero Waste) under the 'Zero Waste to Landfill' standard has been awarded to all of Titan's cement plants in Greece. The certification, carried out by Eurocert, reaffirms the excellent environmental performance of Titan's plants and rewards a practice already adopted to divert virtually 100 per cent of plant waste from landfill. This is achieved through initiatives taken to prevent the creation of waste and proper management to avoid landfilling. General Ma... |
Heracles Group obtains EDP accreditation04 June 2021, Published under Cement NewsLafargeHolcim-owned Heracles Group has become the first cement company in Greece to obtain Environmental Product Declarations (EDPs) for all cement types produced in its plants in Volos and Milaki, Evia. Through the EDPs for all cement products (bagged and bulk), covering both the domestic and international markets, Heracles Group brings innovation, climate-neutrality and implementation of circular economy principles to natural resources to the construction market. Being fully consistent ... |
Heracles reports static turnover of EUR188.5m in 202026 May 2021, Published under Cement NewsHeracles Group of Companies ’ (LafargeHolcim group) turnover in Greece remained almost unchanged in 2020 compared to 2019 when the company first returned to profitability after 10 years . It reached EUR188.5m in 2020 compared to EUR188.8m in 2019. The company’s EBITDA increased by 36 per cent to EUR35.5m in 2020 compared to EUR26.1m in 2019 and net earnings increased by 109 per cent to EUR9.6m in 2020 compared to EUR4.6 m in 2019. Investments in tangible and intangibl... |