Cement News tagged under: Greece
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... |
Holcim completes three European acquistions15 January 2024, Published under Cement NewsHolcim has completed three bolt-on acquisitions in Europe, expanding its Solutions & Products portfolio for green growth. In Spain it has acquired a majority stake in Artepref SA, a fast-growing leader in innovative precast concrete solutions. In Greece Holcim has bought WATT Recycling, a leading waste management company that produces alternative fuels. Meanwhile, in the UK Holcim has entered the advanced mortar solutions market through its acquisition of Eco-Readymix Ltd. According to... |
TITAN announces IFESTOS grant agreement with EU Innovation Fund19 December 2023, Published under Cement NewsTITAN has signed a Grant Agreement with the EU Innovation Fund for IFESTOS, its pioneering carbon capture project in Greece, following its selection in July, in the context of the fund’s third call for large-scale projects. The EU Innovation Fund, one of the world’s largest funding programmes for innovative low-carbon technologies, will support TITAN's project with a grant of EUR234m. IFESTOS is poised to accelerate the green transformation of the Greek building materials industry and ... |
Heracles Group’s Olympus CO2 project receives EU funding06 December 2023, Published under Cement NewsThe EU Innovation Fund has chosen to co-finance Heracles Group ’s ( Holcim ) Olympus CO 2 capture project. The Olympus project aims to transform Heracles Group’s plant in Milaki , Greece, into a zero carbon cement plant through the use of innovative carbon capture and storage (CCS) technologies. The project marks an investment of over EUR300m, of which the EU Innovation Fund will grant EUR124.5m. Dimitris Chanis, Heracles Group CEO, said, “With the Olympus project, we make another stra... |