Global Cement Report
Albania
PDFFull Introduction ReportDownload Herethe government of Albania is putting much effort into turning the country into an attractive option for foreign investment as evidenced by a new partly foreign-funded 1.3Mta line at Fushe Kruje and the increasing interest by Titan Cement and Italcementi. However, as the Albanian environment ministry battles to clean up industry pollution, one local cement producer has been forced into temporary closure.
Country Research
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Titan recovers in the USA
15 May 2013Titan's first-quarter turnover showed a 7.8 per cent improvement to €243m while the EBITDA fell by 29.4 per cent, in line with the 29.3 per cent reduction seen this time last year, to €24.3m. The...
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Building Al Ain
25 March 2013To help realise its plans to expand its building materials portfolio in the United Arab Emirates, Arkan Building Materials Co contracted Sinoma International Engineering Co Ltd to construct its ne...
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IFC invests in Titan's operations in Western Balkans
27 June 2012Titan Cement announced the completion of a EUR50m equity investment by the International Finance Corporation (IFC) in Titan’s subsidiaries in the Western Balkans region including Macedonia, Serbia...
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Titan suffers from weak domestic market
11 November 2011Titan’s turnover for the first nine months of 2010 declined by 18.4% to €838.9m and the EBITDA came down by 15.5% to €219.8m as the company suffered from weak Greek sales both in terms of domestic ...
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Titan helped by Egypt and Turkey
18 March 2011Titan’s 2010 turnover came off by 0.7% last year to €1,350.5m and the EBITDA declined by 5.5% to €314.4m. The net financial charge increased by 5.7% to €62.6m, leading to an 18.3% reduction in the...
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Titan boosted by Albania
24 November 2010Titan’s turnover for the first nine months of 2010 declined by 1.7 per cent to €1028.5m while the EBITDA edged ahead by 0.9 per cent to €260.3m. There was a €9.2m benefit from the sale of emission...
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Egypt’s Alexandria Cement nine-month net gains 10%?
15 November 2010Egypt’s Alexandria Cement posted a 10 per cent gain in net profit for the first nine months of 2010, the stock exchange said on Sunday, defying a slowdown in its Greek parent company’s main marke...
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Titan inaugurates new Albanian plant
16 September 2010Titan has officially opened its Antea cement factory located in the Boka e Kruja area of Albania. ANTEA Cement is part of the TITAN Cement Group a multi-regional cement producer. European Bank for...