Cement News tagged under: Titan Cement
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... |
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 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... |
Titan reports on record 202211 April 2023, Published under Cement NewsTitan Cement Group has published its 2022 Integrated Annual Report, which outlines the group’s financial, as well as environmental, social and governance (ESG) performance. According to the company, 2022 was a year of record sales and strong profitability growth in all markets and significant progress towards the group’s ESG targets for 2025 and beyond. In terms of its financial performance, 2022 was the second consecutive year of record group sales at EUR2282.2m, up 33.1 per cent YoY... |
Titan announces increase in EBITDA after strong 4Q2225 January 2023, Published under Cement NewsTitan Cement has issued a trading update ahead of the group’s full-year results on 22 March 2023, as the preliminary results for EBITDA in the fourth quarter of 2022 are significantly higher compared to market consensus. According to the company, the 4Q22 was very strong for the Titan Cement Group. Sales activity and revenues remained robust while energy costs, as a result of cost-saving actions and market conditions, declined. As a result, preliminary EBITDA for the quarter is EUR98m,... |
TITAN raises targets to limit global warming28 October 2022, Published under Cement NewsTITAN Group has not only reported robust decarbonisation results, it has also strengthened its commitment to net zero and updated its science-based CO 2 targets to levels aligned with limiting the global temperature increase to 1.5°C. According to the company, its new targets have been submitted to the Science Based Targets initiative (SBTi) for validation. In the third quarter of 2022, the group reduced its net CO 2 emissions by 5.5 per cent, or double the pace achieved in the equiva... |
Titan Cement announces management changes22 June 2022, Published under Cement NewsMarcel Constantin Cobuz is joining Titan Cement Group as a member of its executive committee from 1July 2022. He will also succeed Dimitri Papalexopoulos as chairman of the executive committee, effective from 15 October 2022. Mr Papalexopoulos will become chairman of Titan’s board of directors, taking over the role from Mr Arapoglou on 1 January 2023. Mr Cobuz, a French and Romanian national, brings with him more than 20 years’ experience in the building and infrastructure mate... |
Titan Cement introduces digital transformation to Egyptian plants04 April 2022, Published under Cement NewsTitan Cement ’s in-house proprietary advanced analytics methodology has been successfully rolled out in the company’s two cement plants in Egypt , following the successful implementation in Titan’s cement plants in Greece. In close cooperation with Titan’s Digital Center of Competence and, after a deep ‘dive’ into 16 years of data, the company’s teams teams in Beni Suef and Alexandria cement plants have applied the methodology that enables the company to minimise the total cost of s... |
Titan Florida orders new 70,000t dome for Port Tampa Bay Terminal15 November 2021, Published under Cement NewsTitan Florida LLC, a subsidiary of Titan America LLC, has announced the construction of a 70,000t dome at its Port Tampa Bay Terminal, making the terminal one of the largest of its kind in the USA. The project supports the growing customer demand for Titan's products and services in Florida. The new US$35m investment in its Tampa mega-terminal will increase and upgrade Titan's import capacity and expansion of its low-carbon cements and cementitious products, such as fly ash and slag. ... |
Titan Cement Group sets new ESG targets for 202519 March 2021, Published under Cement NewsTitan Cement Group has released its Environmental, Social and Governance (ESG) targets for 2025 and beyond. The targets include an updated, more ambitious, CO 2 reduction goal for 2030, aligned with the vision of the European Green Deal to achieve climate neutrality by 2050. "We are building on our strong track record on sustainability and aspire to increase our positive impact on people, society, and the environment. We are committing to ambitious targets that aim to generate more valu... |