Titan Cement International S.A., together with its subsidiaries, produces, distributes, and trades in a range of construction materials in Greece and Western Europe, North America, Southeastern Europe, the Eastern Mediterranean, and internationally. The company provides cement; ready-mix concrete; aggregates and coarse materials, including sand, gravel, crushed stone, and recycled concrete; and other building materials, such as dry mortars, building blocks, fly ash, and other concrete products for the construction of infrastructure, residential housing, commercial buildings, and social projects. It is also involved in the distribution of cement; processing of fly ash; sale of fly ash processing equipment; quarries and aggregates; real estate brokerage services; engineering design services for solid and liquid waste facilities; and alternative fuels. In addition, it designs, manufactures, and markets proprietary separation equipment for dry powders. Titan Cement International S.A. was founded in 1902 and is based in Brussels, Belgium.

Titan Cement International S.A.

TITAN Cement Group is an international, cement and building materials producer aspiring to serve the needs of society, while contributing to sustainable growth with responsibility and integrity. 

The Group is operating cement plants in 10 countries (USA, Greece, Albania, Bulgaria, North Macedonia, Kosovo, Serbia, Egypt, Turkey and Brazil), with an annual capacity of 27 million metric tons of cement and cementitious materials, and has presence in more than 15 countries. The Group employs about 5,500 people worldwide. 

The Group’s business activities cover the production, transportation and distribution of cement, concrete, aggregates, fly ash, mortars and other building materials. 

We create value through the transformation of raw materials into building products, their distribution to customers and the provision of related services, serving the societal need for safe, durable, resilient and affordable housing and infrastructure.

By actively participating in global collaborations and international organizations TITAN aims to address global sustainability challenges, under the framework of the UN Sustainable Development Goals for 2030. The Group is a participant of the UN Global Compact (UNGC) and an active member of CSR Europe and the Global Cement and Concrete Association (GCCA). The Group’s parent company is TITAN Cement International (TCI), a Belgian company listed on Euronext Brussels, Euronext Paris and Athens Exchange.

TITAN Cement Group

We are building the #smart cement plant of the future harnessing the power of #digitalization! In the US, Titan America successfully implemented digitalization applications based on #artificialintelligence (AI) and #machinelearning at our two cement plants in Roanoke and Pennsuco, resulting in enhanced equipment throughput and reliability, reduced energy consumption, and improved product consistency and quality.

You can read more here!  https://lnkd.in/ejqKfT_8

#TitanCementGroup #digitaltransformation #sustainablegrowth

Our new #terminal on the Samsun port, Turkey, consisting of four silos with total storage #capacity of 45,000 tons is ready, already exporting our #lowercarbon cement Type IL to the growing US market. This new investment implemented by Adocim, the Group’s subsidiary in the country, will enable us to further increase our sales of lower carbon cement contributing to our Group’s #netzero goal towards a #greener and more #sustainable future.

#TitanCementGroup #sustainablegrowth #climateaction

We are committed to enabling #circular and #netzero construction. Our Xirorema #quarry in Greece is the first limestone aggregate quarry in the country and in Europe with an #EnvironmentalProductDeclaration (EPD) within the framework of the International EPD® System. This certification provides comparable information about the environmental #impact of the products ensuring environmental #excellence across their whole life cycle, from the production process to the final offering to our #customers. 

#TitanCementGroup #ESG #sustainableconstruction

Watch Othon Manis, our Manufacturing Digitization & Data Management Director, talking about the #ArtificialIntelligence-based Real Time Optimizer (RTO), one of TITAN’s signature #digital #solutions, and the significant benefits that it brings to the cement production process.

#TitanCementGroup #digitaltransformation #smartcementplantofthefuture #TitanTeam

Congratulations to the team of Titan America's Pennsuco Quarry, which has been awarded the National Mining Association (NMA) Sentinels of Safety Award in the Large Quarry category, tying the record for the greatest number of wins by any quarry in the United States! This is the second year in a row that the Pennsuco Quarry has been recognized for its safety performance and the eighth time overall. Keep up the good work!

#TitanCementGroup #safetyfirst #ESG #sustainability

We are building a #sustainable built environment with our innovative #materials and #solutions. In Egypt, we offer our #lowercarbon cement CEM III to build “The Cairo monorail” which in its full expansion will connect the New Administrative Capital with the Cairo metropolitan area and the 6th of October City with Giza. This project will be the longest monorail system in the world and will enable fast, sustainable, comfortable and safe transportation for 45,000 passengers per hour in each direction. The first trial operation of the East Nile line was held in early November.

#TitanCementGroup #sustainableconstruction #netzero

TITAN Group is among the first companies in the global cement industry to have its 2030 GHG emissions reduction #targets validated by the Science Based Targets initiative as consistent with the levels required to limit the global temperature increase to 1.5°C. Raising our #climateambition even higher, we seek to address not only direct (Scope 1) emissions and indirect emissions from the generation of purchased electricity (Scope 2), but also other indirect emissions of the supply chain (Scope 3). 

See our detailed targets here: 10112022_SBTi_validates_TITANs_updated_GHG_emissions_reduction_targets_as_consistent_with_the_1.5oC_scenario.pdf (titan-cement.com)

#TitanCementGroup #climateaction #sustainablegrowth #ESG

Strong sales and EBITDA #growth for TITAN in #Q32022 thanks to robust volumes and price over costs performance! At the same time, we have accelerated our cost savings and efficiencies with #digitalized manufacturing and #customer interfaces and we are presenting solid #decarbonization results.  
You may see our full results here:  https://lnkd.in/grkqf7zc

Our Chairman of the Group Executive Committee, Marcel Cobuz commented: “Congratulations to #TitanTeam across all our markets for a strong Q3 performance. It is exciting to see our progress on margins, the impact of digital tools on costs and efficiencies, and the significant progress on low carbon products rollout in US and other main markets. We will continue to invest for growth as we are transforming our business at an accelerated pace and work hard and with passion to offer our customers innovative solutions to build a more sustainable, net zero world”.

#TitanCementGroup #sustainablegrowth

TITAN contributes to major infrastructure projects that foster #connectivity and improve people’s lives! In Greece, we offered our #products for the expansion of Metro Line 3 in Athens, which now connects the Port of Piraeus with the Athens International Airport “Eleftherios Venizelos”. It is estimated that with this expansion, an additional number of 132,000 citizens will use the Metro on a daily basis. This is translated to 23,000 fewer vehicles on the roads and 70 tons less carbon in the atmosphere in a day.

#TitanCementGroup #sustainableconstruction #sustainability #netzero

Congratulations to both our Titan America cement plants that have earned 2022 ENERGY STAR® certification by the US Environmental Protection Agency (EPA) for achievements in #energy performance. #EnergyEfficiency is an important lever of our #decarbonization roadmap towards #netzero, and we are proud of our #TitanTeam leading the way!
 
Both Titan America plants have been honored consistently year after year by the EPA for this achievement. This marks the 15th consecutive year for our Roanoke cement plant in Virginia and the 14th consecutive year for our Pennsuco cement plant in Florida! 

#TitanCementGroup #climateaction #sustainability #positiveimpact

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
account payables				184.71M -	175.36M 5.06%	238.75M 36.15%	312.43M 30.86%	435.14M 39.28%
accumulated other comprehensive income loss
cash and cash equivalents				90.39M -	206.44M 128.39%	79.88M 61.30%	105.70M 32.32%	274.52M 159.71%
cash and short term investments				90.39M -	206.44M 128.39%	79.88M 61.30%	105.70M 32.32%	274.52M 159.71%
common stock
deferred revenue
deferred revenue non current				3.90M -	5.68M 45.78%	5.18M 8.87%	4.61M 10.97%
deferrred tax liabilities non current				96.32M -	102.08M 5.98%	113.60M 11.29%	130.11M 14.53%	124.47M 4.34%
goodwill				344.52M -	268.01M 22.21%	271.99M 1.48%	280.83M 3.25%
goodwill and intangible assets				425.34M -	352.29M 17.17%	363.43M 3.16%	364.71M 0.35%	353.66M 3.03%
intangible assets				80.82M -	84.28M 4.28%	91.44M 8.50%	83.87M 8.28%
inventory				283.52M -	248.59M 12.32%	305.13M 22.75%	394.67M 29.35%	395.48M 0.20%
long term debt				822.82M -	666.99M 18.94%	687.47M 3.07%	763.60M 11.07%	541.02M 29.15%
long term investments				145.09M -	104.95M 27.66%	116.91M 11.39%		109.00M -
net debt				835.74M -	684.40M 18.11%	713.20M 4.21%	797.26M 11.79%	659.86M 17.23%
net receivables		115M -
other assets	1.48B -
other current assets	624.70M -	479.10M 23.31%						351.36M -
other current liabilities	407M -	296.40M 27.17%		113.47M -	146.04M 28.71%	96.46M 33.95%	122.05M 26.53%	17.56M 85.61%
other liabilities	1.55B -	1.37B 11.79%	1.47B 7.42%
other non current assets	2.17B -	2.00B 7.56%		8.77M -	11.63M 32.60%	10.05M 13.54%	147.17M 1,364.06%	377.53M 156.53%
other non current liabilities	830M -	929.40M 11.98%		129.10M -	92.25M 28.55%	94.68M 2.64%	97.85M 3.35%	116.76M 19.32%
othertotal stockholders equity	1.48B -	1.31B 11.46%
preferred stock
property plant equipment net				1.70B -	1.53B 10.00%	1.55B 1.06%	1.66B 7.71%	1.70B 2.13%
retained earnings
short term debt				103.31M -	223.85M 116.68%	105.62M 52.82%	139.37M 31.95%	393.36M 182.25%
short term investments				-31.23M -	-19.34M 38.07%	-28.16M 45.57%
tax assets				13.94M -	15.20M 9.05%	8.87M 41.67%	5.73M 35.38%	3.66M 36.13%
tax payables				14.92M -	19.20M 28.70%	15.85M 17.49%	24.39M 53.95%
total assets	4.27B -	2.60B 39.16%	2.87B 10.57%	2.86B 0.23%	2.68B 6.44%	2.68B 0.01%	2.99B 11.78%	3.21B 7.25%
total current assets	624.70M -	594.10M 4.90%	665.10M 11.95%	571.20M 14.12%	665.62M 16.53%	634M 4.75%	812.22M 28.11%	1.02B 25.75%
total current liabilities	407M -	296.40M 27.17%	492.20M 66.06%	401.49M 18.43%	545.25M 35.81%	440.83M 19.15%	573.85M 30.18%	846.07M 47.44%
total debt				926.13M -	890.84M 3.81%	793.09M 10.97%	902.96M 13.85%	934.39M 3.48%
total investments				113.86M -	85.61M 24.81%	88.75M 3.67%	100.41M 13.14%	109.00M 8.55%
total liabilities	2.79B -	2.60B 6.96%	2.87B 10.57%	1.45B 49.35%	1.41B 2.85%	1.34B 4.99%	1.57B 17.01%	1.63B 3.71%
total liabilities and stockholders equity	4.27B -	2.60B 39.16%	2.87B 10.57%	2.86B 0.23%	2.68B 6.44%	2.68B 0.01%	2.99B 11.78%	3.21B 7.25%
total non current assets	2.17B -	2.00B 7.56%	2.20B 10.16%	2.29B 3.96%	2.01B 12.17%	2.04B 1.56%	2.18B 6.72%	2.19B 0.37%
total non current liabilities	830M -	929.40M 11.98%	906.40M 2.47%	1.05B 16.08%	867.00M 17.60%	900.93M 3.91%	996.18M 10.57%	782.25M 21.47%
total stockholders equity	1.48B -	1.31B 11.46%	1.39B 6.65%	1.38B 1.36%	1.24B 9.63%	1.32B 6.35%	1.39B 5.52%	1.55B 11.32%

COM:TITAN-CEMENT

Titan Cement Group

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25/11 09:25

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