Cement News tagged under: Greece
Titan America to be listed in US equity market13 May 2024, Published under Cement NewsTitan Cement International has announced its intention to proceed with the IPO of its US business ( Titan America ), with the aim of raising funds that will facilitate the group’s and Titan America’s future growth. Titan America, a US$1.6bn sales business, is a leading and fully integrated player in the high-growth economic regions of the US East Coast, with operations and leading market positions across Florida, the Mid-Atlantic, and Metro New York/New Jersey. According to the company... |
Titan Group named a 'Climate Leader'02 May 2024, Published under Cement NewsTitan Group has been recognised as one of ‘Europe’s Climate Leaders’ in the fourth edition of the prestigious list published by the Financial Times. Titan’s inclusion on the list underscores its enduring commitment to environmental stewardship and sustainable business practices, according to the company. “Furthermore, it highlights the company's accelerated progress towards achieving net zero, in alignment with its Green Growth Strategy 2026,” it adds. The criteria for selection emphas... |
Titan receives DoE funding for calcined clay project25 April 2024, Published under Cement NewsTitan America 's Roanoke plant in Virginia is to receive funding for its first-of-a-kind calcined clay production line. The US$61.7m award has been granted by the US Department of Energy (DoE) to support the innovative technology that aims to substantially reduce CO 2 emissions. According to Titan, the funding underscores the company’s dedication to reducing CO 2 emissions throughout the organisation, aligning closely with its ambitious goal of achieving net-zero concrete by 2050. Th... |
Heidelberg Materials Hellas in partnership with Sympower12 April 2024, Published under Cement NewsGreece-based Heidelberg Materials Hellas is working with energy specialist Sympower to “unlock and monetise” the cement producer’s energy-intensive equipment. According to Sympower, the partnership marks a significant step in accelerating Greece’s energy transition and strengthening its electricity grid. By utilising three of Heidelberg Materials Hellas’ cement mills and one of its raw mills, Sympower will optimise their energy flexibility and provide their capacity to Greece’s balanci... |
Titan has released its Integrated Annual Report 202329 March 2024, Published under Cement NewsTitan has released its integrated annual report 2023 (IAR), which outlines the group’s financial, as well as environmental, social, and governance (ESG) performance. 2023 was a year of record-breaking performance, increased shareholder returns and long-term stakeholder value creation, in line with its Green Growth Strategy 2026. These accomplishments underscore TITAN's commitment to sustainability, innovation, and customer-centricity, said the company. In line with its Strategy 2026, TITA... |
Titan reports record EBITDA growth of EUR540m in 202318 March 2024, Published under Cement NewsTitan reported record EBITDA in 2023 reaching EUR540.3m, up by 63.1 per cent, achieving margin expansion. All regions posted double-digit profitability growth, thanks to increased sales across all main products, firm pricing, operational efficiencies and improved performance of energy costs, said a company statement. Group sales in 2023 totalled EUR2547m, a 11.6 per cent increase compared to the previous year, while EBITDA grew by 63.1 per cent YoY, reaching EUR540.3m. The group's net profi... |
Titan launches new company logo12 March 2024, Published under Cement NewsTitan has unveiled its new logo, designed to embody “the group’s purpose to make the world around us a safe, sustainable, and enjoyable place to live and reflects its Green Growth strategy”. According to the company, with its globe-shaped emblem and new colour palette, Titan’s refreshed logo also stands for Titan’s international presence, promise to create value for all its stakeholders, thirst for innovation, and determination to grow. The company has also introduced a new baseline, “... |
Titan endorses Antwerp Declaration for a European Industrial Deal11 March 2024, Published under Cement NewsTitan has endorsed the Antwerp Declaration calling for an EU Industrial Deal that will complement the EU Green Deal, and will ensure the sustainable growth and competitiveness of the European economy. The declaration, an outcome of a European industry summit that was held in Antwerp, Belgium, on 20 February 2024, has been signed by more than 630 businesses in 20 sectors. It emphasises the industry's commitment to Europe's transformation and outlines the urgent need to enhance the continen... |
Titan achieves top ‘A' CDP score for climate leadership09 February 2024, Published under Cement NewsFor 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 firm17 January 2024, Published under Cement NewsWATT 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... |