Cement News tagged under: Titan Cement Group
Adoçim Çimento starts Turkish earthquake relief project13 February 2023, Published under Cement NewsTitan Cement Group has responded to the earthquake catastrophe in Turkey by its Adoçim Çimento subsidiary being among the first to launch donation relief project. Relief goods, including food, clothing, and heaters, were shipped to the people of one of the most impacted areas, reaching them in less than 48h after the earthquake. In addition, Adoçim Çimento has offered fuel and food supplies to the Rescue Team of Greece, who are continuing their heroic efforts in one of Turkey’s most su... |
TITAN Cement Group launches CemAI13 September 2022, Published under Cement NewsTITAN Cement Group has launched CemAI, Inc (CemAI), an affiliate company providing the next-generation predictive maintenance solution based on artificial intelligence for the cement industry. The solution is a unique mix of a proprietary licensed software and a continuous monitoring and incident resolution service for entire cement manufacturing lines across the world, claims TITAN. Leveraging on the unique manufacturing experience and digital expertise of TITAN, which has created, succe... |
Titan Group donates to fire prevention programme04 July 2022, Published under Cement NewsTitan Group and the Pavlou and Alexandra Kanellopoulou Foundation (PAKF) are donating EUR1m towards the prevention and response to forest fires, the reconstruction programme of northern Evia, the elaboration of climate risk studies and the implementation of an education and awareness programmes for fire prevention. The contribution to the Reconstruction Programme of Northern Evia includes the allocation of two special vehicles of firefighting and civil protection for the region... |
Titan Cement Group releases its 2021 Integrated Annual Report12 April 2022, Published under Cement NewsTitan Cement Group has published its 2021 integrated annual report, which outlines the group's financial, as well as environmental, social and governance (ESG) performance. Titan generated record revenues in 2021 and is well on track to achieve its ESG targets for 2025 and beyond, claims the company. Titan 2021 integrated annual report highlights • record group revenue of EUR1714.6m, up 6.7 per cent, reflecting higher demand and supportive pricing across all regions • increase of net... |
Titan Cement records revenue growth of EUR1714.6m in 202118 March 2022, Published under Cement NewsTitan Cement Group generated record revenues of EUR1714.6m, up 6.7 per cent from 2020, reflecting higher demand and a supportive pricing environment. EBITDA declined by 4.6 per cent to EUR272.4m. Net profit after taxes and minorities (NPAT) climbed to EUR89.6m (EUR1.1m in 2020 and EUR50.9m in 2019). Thanks to a successful refinancing strategy the group lowered significantly its finance costs for a third consecutive year to EUR33.6m (EUR19m lower than 2020 and EUR30m lower than 2019). ... |
Titan to take CDP leadership role in fighting climate change15 December 2021, Published under Cement NewsTitan Cement Group has been recognised by CDP (formerly Carbon Disclosure Project) as a global climate leader for its transparency and actions to mitigate climate change and transition to a net zero economy. With an ‘A-‘ score, Titan Cement Group ranks in the top 15 per cent of publicly disclosing companies globally and is one of only five cement sector companies (out of 27) to achieve this level in 2021. In 2021 Titan Cement Group raised the bar even further by being... |
Titan's AI optimiser is rolled out across its portfolio23 July 2021, Published under Cement NewsTitan is creating the smart cement plant of the future with a multitude of cutting-edge solutions leveraging the power of artificial intelligence (AI), in the context of the group’s digital transformation journey, including the roll-out of its fully-autonomous, real-time optimisers for the entire cement production line. Initially launched at Pennsuco cement plant in the USA starting in late 2017 with a revolutionary prototype, one of the first AI systems to be used in cement production, t... |
Titan reduces net CO2 emissions by 13.4 compared to 1990 levels25 March 2021, Published under Cement NewsIn 2020 Titan Cement continued to actively engage in the global collective effort toward a carbon-neutral future, endorsing the vision of the European Green Deal and the Global Cement and Concrete Association (GCCA) Climate Ambition to deliver society with carbon-neutral concrete by 2050. Net CO₂ emissions reached 674kgCO₂/t cementitious product in 2020, declining by 13.4 per cent compared to 1990 levels. New processing lines for alternative fuels were inaugurated in Florida, USA, and ... |
Titan Cement Group records FY20 revenue of EUR1607m23 March 2021, Published under Cement NewsTitan Cement Group delivered strong results in 2020, despite the uncertainty caused by the COVID-19 pandemic. Group consolidated revenue reached EUR1607m and was stable compared to the previous year. EBITDA posted a solid increase of 7.1 per cent to EUR286.2m . This was the highest EBITDA recorded since 2010. Net profit after taxes and minorities dropped to EUR1.5m (EUR50.9m in 2019) as a result of significant non-cash charges taken representing the full write-off of the EUR46.6m goodwil... |
Separation Technologies starts new fly ash reclamation process24 February 2021, Published under Cement NewsSeparation Technologies (Titan Cement group) has commissioned the world's first industrial-scale fly ash drying and electrostatic separation plant to reclaim fly ash from nearby coal ash basins. Located at Talen Energy's Brunner Island Steam Electric Station, the pilot facility combines Separation Technologies’ new proprietary drying and screening system and electrostatic separation for removing unburned carbon from fly ash for use in concrete construction. Removing the unburned car... |