Cement News tagged under: Albania
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... |
Armenia: Hrazdan Cement expected to increase output05 February 2016, Published under Cement NewsHrazdan Cement, located in Armenia’s central Kotayk province, is expected to increase output up to 200,000t, the country’s Minister of Economy Karen Chshmarityan, has said. Chshamrityan said in 2015 the plant produced about 80,000t of cement, the bulk of which was exported, Arka news agency reported. In 2015 autumn the company paid AMD150m of taxes and repaid wage arrears to the tune of AMD180m Hrazdan Cement is one of two cement producers in Armenia. In 2014 it received a US$4.6m loan fro... |
Titan Egypt's profits decline, but Greece and the USA recover06 March 2015, Published under Cement NewsTitan's turnover improved by 2.7 per cent in 2014 to EUR1158.4m but the EBITDA emerged 2.6 per cent lower at EUR181.6m. Following an 8.5 per cent reduction in the depreciation charge, the trading profit advanced by 7.0 per cent to EUR76.6m. The net financial charge increased by 6.2 per cent to EUR65.7m and there was a EUR31.1m foreign exchange gain compared with a loss of EUR18.4m in the previous year. There was a pre-tax profit of EUR46.8m compared with a EUR9.4m loss the year before. At... |
Titan subsidiary acquires EBRD stake in ANTEA Cement06 February 2015, Published under Cement NewsTitan Group subsidiary Αlvacim Ltd has acquired the 20 per cent stake held by the European Bank for Reconstruction and Development (ΕBRD) in ANTEA Cement, a Titan Group subsidiary in Albania. As a result of this purchase, Titan Group holds 80 per cent of ANTEA’s share capital, whereas the remaining 20 per cent is held by the International Finance Corporation (IFC). |
Menzel delivers customised replacement drive to Albanian producer26 June 2014, Published under Cement NewsBerlin-based drive manufacturer Menzel has delivered a customised replacement drive that covers two different motors to an Albanian cement plant. After the drive was extensively tested in Menzel’s load test field in the presence of the customer, the motor was shipped in April 2014. The plant operator required a spare motor for two existing high voltage slip ring motors: the main drive for the raw mill and the drive for the raw mill fan. While these systems have similar performance rating... |
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