Titan Cement to install new precalciner at Kamari plant
Titan Cement is investing EUR25m at its Kamari cement plant, Viotia, Greece. The project will see a new precalciner in operation by 2022. The modernisation will reduce CO...
Greece
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Titan Cement Group enters strategic partnership with FLSmidth
Greece-based Titan Cement Group has signed a new 2.5 year service agreement with FLSmidth that will put sustainability, digitalisation and productivity at the top of the agenda...
Titan Group reports revenues of EUR1202m in 9M20
Titan 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 profit...
SRF factory planned at Volos
A new solid recovery fuel (SRF) plant is, under discussion in Volos, Greece. The new facility would supply RDF to the cement industry, but the plans face local opposition over ...
Titan Global Finance Plc makes EUR250m notes offering
Titan Global Finance Plc, subsidiary of Titan Cement International SA, has made a EUR250m notes offering that will mature in 2027, with a 2.75 per cent coupon per annum. The o...
Titan issues notes for general purposes, including bank debt repayment
Titan Global Finance plc, a subsidiary of Titan Cement International SA, is inviting holders of its 3.500 per cent guaranteed notes due June 2021, originally issued in an aggre...
Titan posts rise in 5M EBITDA
Titan Group reported a drop in consolidated revenue by 2.1 per cent to EUR641.8m in the January-May 2020 period, following a 6.1 per cent growth in the 1Q20 and a subsequent sl...
Titan successfully navigates pandemic in first quarter
This week Titan Group released its 1Q2020 business results which saw the group's revenues rise by 6.1 per cent to EUR384.8m , compared to 1Q19. ICR looks a little closer now a...
Titan Group sees 6% revenue increase in 1Q20
Based on robust US demand and resilience of markets in the eastern Mediterranean, Titan Group's consolidated revenue increased in the 1Q20 by 6.1 per cent, reaching EUR384.8m, ...
Titan buys back IFC minority stake in SE Europe/Egypt units
Greece-based Titan said that its board of directors has approved the acquisition of the minority stakes held by the International Finance Corp in its units in Egypt and four co...