Cement News tagged under: Titan Cement Group
Titan and Orcan Energy form clean energy partnership27 September 2023, Published under Cement NewsTitan 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 , ... |
Titan commits to a greener future04 August 2023, Published under Cement NewsThis week we take a look at Titan Group's 2022 Sustainability Report. The vertically-integrated Greek building materials company has a global presence, stretching from Brazil and the USA to Europe, the Mediterranean and Egypt. During 2022 the company invested approximately EGP67m (US$2.16m) in improving environmental management systems. It has prioritised dust control systems, increased waste recycling of by-pass gas and has shifted to low-carbon products. It also has mid- to long-term goals... |
Titan plans three-fold increase of green products portfolio14 April 2023, Published under Cement NewsTitan Cement announced the arrival of its 2022 annual report this week. Its overall customer focus will see the producer shift its operations to produce even more green products. In its current portfolio, 19.5 per cent of its products are green, but by 2030 Titan Cement aims to raise this to 62 per cent. "We aim to continue building great teams, maintain profitable growth and become one of the safest, most customer-friendly, innovative, digitalised and green businesses in the construction m... |
Adoçim Çimento starts Turkish earthquake relief project13 February 2023, Published under Cement NewsTitan Cement Group has responded to the earthquake catastrophe in Turkey by its Adoçim Çimento subsidiary being among the first to launch donation relief project. Relief goods, including food, clothing, and heaters, were shipped to the people of one of the most impacted areas, reaching them in less than 48h after the earthquake. In addition, Adoçim Çimento has offered fuel and food supplies to the Rescue Team of Greece, who are continuing their heroic efforts in one of Turkey’s most su... |
TITAN Cement Group launches CemAI13 September 2022, Published under Cement NewsTITAN Cement Group has launched CemAI, Inc (CemAI), an affiliate company providing the next-generation predictive maintenance solution based on artificial intelligence for the cement industry. The solution is a unique mix of a proprietary licensed software and a continuous monitoring and incident resolution service for entire cement manufacturing lines across the world, claims TITAN. Leveraging on the unique manufacturing experience and digital expertise of TITAN, which has created, succe... |
Titan Group donates to fire prevention programme04 July 2022, Published under Cement NewsTitan Group and the Pavlou and Alexandra Kanellopoulou Foundation (PAKF) are donating EUR1m towards the prevention and response to forest fires, the reconstruction programme of northern Evia, the elaboration of climate risk studies and the implementation of an education and awareness programmes for fire prevention. The contribution to the Reconstruction Programme of Northern Evia includes the allocation of two special vehicles of firefighting and civil protection for the region... |
Titan Cement Group releases its 2021 Integrated Annual Report12 April 2022, Published under Cement NewsTitan Cement Group has published its 2021 integrated annual report, which outlines the group's financial, as well as environmental, social and governance (ESG) performance. Titan generated record revenues in 2021 and is well on track to achieve its ESG targets for 2025 and beyond, claims the company. Titan 2021 integrated annual report highlights • record group revenue of EUR1714.6m, up 6.7 per cent, reflecting higher demand and supportive pricing across all regions • increase of net... |
Titan Cement records revenue growth of EUR1714.6m in 202118 March 2022, Published under Cement NewsTitan Cement Group generated record revenues of EUR1714.6m, up 6.7 per cent from 2020, reflecting higher demand and a supportive pricing environment. EBITDA declined by 4.6 per cent to EUR272.4m. Net profit after taxes and minorities (NPAT) climbed to EUR89.6m (EUR1.1m in 2020 and EUR50.9m in 2019). Thanks to a successful refinancing strategy the group lowered significantly its finance costs for a third consecutive year to EUR33.6m (EUR19m lower than 2020 and EUR30m lower than 2019). ... |
Titan to take CDP leadership role in fighting climate change15 December 2021, Published under Cement NewsTitan Cement Group has been recognised by CDP (formerly Carbon Disclosure Project) as a global climate leader for its transparency and actions to mitigate climate change and transition to a net zero economy. With an ‘A-‘ score, Titan Cement Group ranks in the top 15 per cent of publicly disclosing companies globally and is one of only five cement sector companies (out of 27) to achieve this level in 2021. In 2021 Titan Cement Group raised the bar even further by being... |
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... |