Cement News tagged under: Titan Group
TITAN Group supports "The Ellinikon project"01 September 2023, Published under Cement NewsTITAN Group 's state-of-the-art ready-mix concrete unit has contributed to the realisation of "The Ellinikon project" in Greece, optimising its cement and aggregates supply chain for one of Europe’s most iconic infrastructure projects. TITAN Group is offering on-site innovative, low-carbon products and tailored solutions for the Ellinikon, along with expert advice on the use of innovative materials and circular solutions. One notable aspect of TITAN’s contribution to the projec... |
Dome Technology start inflating dome for Titan America15 August 2023, Published under Cement NewsIn Chesapeake (VA), USA, Dome Technology is hard at work on a 67,500t dome silo for Titan America . The dome is 42.1m (138ft) in diameter and 43m (141ft) tall and is engineered to withstand settling and natural disaster alike. Lane Roberts, Dome Technology's sales manager, said: “It’s incredible to think that one of the strongest manmade structures in the world begins as a fabric airform, but it’s true.” Dome Technology’s team is currently preparing the PVC airform for inflation. Once inf... |
Titan Group announces 1H23 consolidated sales of EUR1229m27 July 2023, Published under Cement NewsTitan Group ’s consolidated sales for the H123 surpassed the EUR1.2bn (US$1.335bn) level, reaching EUR1229m, increased by 18.7 per cent versus the 1H22. EBITDA increased to EUR241.2m compared with EUR136.3m in the 1H22, an increase of 77 per cent, with profitability margins expanding, as investments implemented during the last two years are progressively improving cost performance. Group EBITDA over the past 12-month period (July 2022-June 2023) reached EUR436m. Net profit after taxes a... |
TITAN Group completes Kamari plant modernisation28 June 2023, Published under Cement NewsTITAN Group has announced the successful completion of a EUR26m green investment at the Kamari cement plant in Greece, marking a significant milestone in the group's decarbonisation programme. The investment entailed the installation of state-of-the-art precalciner technology, which is now fully operational at the plant. The integration of the new precalciner technology allows TITAN to expand its range of lower-carbon cements, meeting the increasing demand from customers in Europe and... |
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... |
TITAN Group's H2CEM wins IPCEI accreditation27 September 2022, Published under Cement NewsTITAN Group ’s H2CEM project for the production and use of green hydrogen in the cement industry is included in the second Important Project of Common European Interest (IPCEI) “Hy2Use". H2CEM, with a total budget of EUR60m, is currently the only project in the second IPCEI that concerns the use of hydrogen as a climate-neutral fuel for cement production. The project will contribute to TITAN Group’s target to improve the carbon footprint of its operations, supporting the European goal ... |
Titan Group reports 9M21 revenues of EUR1.26bn12 November 2021, Published under Cement NewsTitan Group's consolidated revenue for the first nine months of 2021 reached EUR1.26bn, posting a five per cent increase on the 9M20. Revenue growth in local currencies was 10.1 per cent, while EBITDA came under pressure to registering EUR219.6m, a 4.3 per cent decline. Revenue in the USA recorded a 8.7 per cent increase in US dollar terms in the first 9M21, translated into a corresponding increase of 2.1 per cent in euro terms to EUR731.3m. When compared to the 9M20, EBITDA softene... |
Titan Group reports revenues of EUR1202m in 9M2012 November 2020, Published under Cement NewsTitan Group announced its consolidated revenue totalled EUR1202.4m for the 9M20, a marginal decline of 0.5 per cent when compared with the revenue in the 9M19. Operating profitability (EBITDA) in January-September 2020 rose by 10.1 per cent to EUR229.4m. Net profit after taxes and minorities in the 9M20 was EUR58m compared to EUR45.2m in 9M19. In the 3Q20 Titan Group’s revenue fell by 1.7 per cent compared to the 3Q19 at EUR416m, while group EBITDA in the 3Q20 grew by 7.4 per cent to EUR9... |
Titan Group's 1H20 revenues stable at EUR786m30 July 2020, Published under Cement NewsTitan Group consolidated revenue in the 1H20 amounted to EUR786.3m, remaining largely stable (+0.1 per cent) over the same period the previous year. Group cement and cementitious volumes reached 7.9Mt in the 1H20, down two per cent from 8.1Mt in the 1H19. Ready-mix sales edged up 1.3 per cent YoY to 2.64Mm 3 from 2.6Mm 3 in 1H19, while aggregate volumes totalled 9.2Mt, up 2.6 per cent from 8.9Mt in 1H19. EBITDA was up 12 per cent YoY, reaching EUR136.8m, while the group's EBITDA margin r... |
Bridging the gap to a digital future22 May 2020, Published under Cement NewsCemtech hosted a live webinar this week to explore how cement producers could best approach the digital transformation of cement plants. The ideal speaker to explain some of the challenges that they would need to overcome was Titan's Group Engineering & Technology Executive Director, Fokion Tasoulas. Over the past three years, Titan has been setting up a digital platform for its entire group, including its network of 14 cement plants, spanning 10 countries and five continents. The company's... |