Cement News tagged under: Titan Group
Titan and thyssenkrupp sign IFESTOS FEED contract09 October 2024, Published under Cement NewsTIitan Group and thyssenkrupp have signed a Front-End Engineering Design (FEED) contract for the IFESTOS Carbon Capture Project. IFESTOS is one of the largest carbon capture projects in Europe, enabling the production of zero-carbon cement and concrete. The engineering contract provides for thyssenkrupp to design and equip the two kiln lines of the Kamari cement plant in Greece with oxyfuel systems for CO 2 capture. This technology will enable the plant's CO 2 emissions to be reduce... |
Titan Group aligns financial strategy with emission reductions targets13 September 2024, Published under Cement NewsTitan Group has announced the launch of a Sustainability-Linked Financing Framework, aligning the group’s financial strategy with its GHG emission reduction targets validated by the Science Based Targets initiative (SBTi). The company hopes this framework will accelerate its sustainable growth. Through this alignment, Titan hopes to show its enduring commitment to upholding responsible business practices and creating long-term value for its stakeholders. The framework allows for futur... |
Titan Group introduces Titan Edge and Premier26 July 2024, Published under Cement NewsTitan Group has introduced Titan Edge family of products where “sustainability meets performance”, and Titan Premier family of services are aligned with the group’s Green Growth Strategy 2026. Both offerings WILL aim to offer innovative and sustainable solutions and services, empowering customers to advance construction and meet the challenges and opportunities for a safer, more resilient, more sustainable and enjoyable world, says Titan. Titan Edge products will be available in t... |
TITAN Group supports "The Ellinikon project"01 September 2023, Published under Cement NewsTITAN Group 's state-of-the-art ready-mix concrete unit has contributed to the realisation of "The Ellinikon project" in Greece, optimising its cement and aggregates supply chain for one of Europe’s most iconic infrastructure projects. TITAN Group is offering on-site innovative, low-carbon products and tailored solutions for the Ellinikon, along with expert advice on the use of innovative materials and circular solutions. One notable aspect of TITAN’s contribution to the projec... |
Dome Technology start inflating dome for Titan America15 August 2023, Published under Cement NewsIn Chesapeake (VA), USA, Dome Technology is hard at work on a 67,500t dome silo for Titan America . The dome is 42.1m (138ft) in diameter and 43m (141ft) tall and is engineered to withstand settling and natural disaster alike. Lane Roberts, Dome Technology's sales manager, said: “It’s incredible to think that one of the strongest manmade structures in the world begins as a fabric airform, but it’s true.” Dome Technology’s team is currently preparing the PVC airform for inflation. Once inf... |
Titan Group announces 1H23 consolidated sales of EUR1229m27 July 2023, Published under Cement NewsTitan Group ’s consolidated sales for the H123 surpassed the EUR1.2bn (US$1.335bn) level, reaching EUR1229m, increased by 18.7 per cent versus the 1H22. EBITDA increased to EUR241.2m compared with EUR136.3m in the 1H22, an increase of 77 per cent, with profitability margins expanding, as investments implemented during the last two years are progressively improving cost performance. Group EBITDA over the past 12-month period (July 2022-June 2023) reached EUR436m. Net profit after taxes a... |
TITAN Group completes Kamari plant modernisation28 June 2023, Published under Cement NewsTITAN Group has announced the successful completion of a EUR26m green investment at the Kamari cement plant in Greece, marking a significant milestone in the group's decarbonisation programme. The investment entailed the installation of state-of-the-art precalciner technology, which is now fully operational at the plant. The integration of the new precalciner technology allows TITAN to expand its range of lower-carbon cements, meeting the increasing demand from customers in Europe and... |
Titan introduces low-carbon cements to southeast Europe01 February 2023, Published under Cement NewsTitan Group has introduced three novel lower-carbon types of cement to the markets of Serbia, Albania and Kosovo, expanding its green offerings to southeastern Europe. In line with Titan group's CO 2 -reduction targets and its commitment to increasing the share of green products in our portfolio to over 50 per cent by 2030, Titan Group is offering its customers construction sustainable solutions. The new cement in Serbia is the first within the group to receive certification under the new E... |
TITAN Group's H2CEM wins IPCEI accreditation27 September 2022, Published under Cement NewsTITAN Group ’s H2CEM project for the production and use of green hydrogen in the cement industry is included in the second Important Project of Common European Interest (IPCEI) “Hy2Use". H2CEM, with a total budget of EUR60m, is currently the only project in the second IPCEI that concerns the use of hydrogen as a climate-neutral fuel for cement production. The project will contribute to TITAN Group’s target to improve the carbon footprint of its operations, supporting the European goal ... |
Titan Group reports 9M21 revenues of EUR1.26bn12 November 2021, Published under Cement NewsTitan Group's consolidated revenue for the first nine months of 2021 reached EUR1.26bn, posting a five per cent increase on the 9M20. Revenue growth in local currencies was 10.1 per cent, while EBITDA came under pressure to registering EUR219.6m, a 4.3 per cent decline. Revenue in the USA recorded a 8.7 per cent increase in US dollar terms in the first 9M21, translated into a corresponding increase of 2.1 per cent in euro terms to EUR731.3m. When compared to the 9M20, EBITDA softene... |