
Displaying items by tag: Titan America
Titan Cement’s first-quarter sales rise in 2022
12 May 2022Greece: Titan Cement recorded consolidated sales of Euro455m in the first quarter of 2022, up by 23% year-on-year from Euro371m in the first quarter of 2021. Due to a 29% increase in its cost of sales to Euro395m from Euro307m, the group’s earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 17% to Euro46.4m from Euro56.1m.
The producer noted ‘significant’ cement volumes growth in its USA region, including ‘progress’ in its lower carbon footprint cement sales. Titan Cement increased its prices across its regions, and will raise prices again ‘in most markets’ by mid-2022.
Titan America to expand Norfolk terminal in Virginia
12 April 2022US: Titan America plans to spend around US$37m towards expanding its Norfolk terminal in Chesapeake, Virginia. The plans at the terminal, run by subsidiary Roanoke Cement Company, include building a 70,000t dome, enlarging truck and railway capacity and enabling the site to import and distribute raw materials such as fly ash, slag and aggregates. At present the unit has a bulk storage capacity of 35,000t. Titan says that the upgrade will enable it to meet growing demand for its products in the Mid-Atlantic region. The project also follows a similar investment in a 70,000t dome currently under construction at Titan's import terminal in Tampa, Florida.
"The major expansion and modernisation of these two marine terminals is another important step toward meeting fast-growing demand for our products and services in critical infrastructure, commercial and residential projects in our communities," said Bill Zarkalis, president and chief executive officer, Titan America.
The dome and associated expansion projects are scheduled for completion in 2023.
US: The Environmental Protection Agency (EPA) has awarded its Energy Star certification to cement plants belonging to two Titan America subsidiaries. Titan Florida’s Pennsuco, Florida, cement plant has secured its 14th consecutive Energy Star, while Roanoke Cement’s Troutville, Virginia, cement has secured its 15th consecutive Energy Star.
Other cement plants to receive Energy Stars in 2022 included two Argos USA plants (Calera, Alabama, and Harleyville, South Carolina), two GCC plants (Pueblo, Colorado, and Rapid City, South Dakota), Buzzi Unicem’s Chattanooga, Tennessee, plant and three plants in Arizona: CalPortland’s Rillito plant, Drake Cement’s Paulden plant and Salt River Materials Group’s Clarkdale plant.
Titan America commences Type IL Portland limestone cement sales in New Jersey and New York City
03 March 2022US: Titan America’s Essex cement distribution facility at the Port of Newark, New Jersey, has made its first dispatches of Type IL Portland limestone cement (PLC) to New Jersey and the New York Metropolitan Area. The producer said that the Essex terminal is due to complete its transition to 100% reduced-CO2 cement dispatches in 2022. Titan America says that it is the leading supplier of Type IL PLC on the US domestic market.
Sales Manager Joe Tedesco said “We see an increase in demand as infrastructure money is budgeted by transportation agencies requiring construction with the use of lower-carbon cement.”
Titan America’s Pennsuco plant to achieve 100% Portland limestone cement production as early as 2023
12 November 2021US: Titan America says that 100% of its Pennsuco cement plant in Medley, Florida’s, cement production will be lower-carbon Portland limestone cement (PLC) by ‘as early as 2023.’ The cement, called Type IL, has 15% reduced CO2 emissions compared to ordinary Portland cement (OPC), according to the company.
Mid-Atlantic regional president Kevin Baird said “We are serving large customers in E-Commerce, cloud services and infrastructure. These customers are committed to sustainable development and are demanding solutions for green construction. Low carbon cement, such as our Type IL, is one of the ways we are meeting the needs of our customers for these projects.”
Titan Cement increases sales and profit as earnings drop in first nine months of 2021
11 November 2021Greece: Titan Cement has recorded sales of Euro1.26bn in the first nine months of 2021, up by 5% year-on-year from Euro1.2bn in the first nine months of 2020. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 4.3% to Euro220m from Euro229m, while its net profit rose by 41% to Euro81.9m from Euro58m.
During the third quarter of 2021, Titan Cement’s US low-carbon cement sales reached 50% of its total US cement sales. It also continued with hydrogen enrichment pilot studies in its cement kilns in Bulgaria and Greece.
US: ForneyVault has partnered with Command Alkon to improve the quality control process for a mutual customer, Titan Virginia Ready-Mix. The concrete producer, a subsidiary of Greece-based Titan Group, previously relied on both suppliers’ products separately. Now, ForneyVault has integrated Command Alkon ‘s quality control technology into its own data collection software. It says that the integration will benefit the concrete producer’s testing capabilities. Titan Virginia uses Command Alkon’s CommandQC software product to validate the quality for its own internal ready-mix concrete products.
Command Alkon software product owner James Shilstone said “Forney’s decision to place their data in the cloud makes it easy to interface with CommandQC. Sharing data between the two programmes eliminates the need for double entry and makes the test results available to the QC manager more quickly.” ForneyVault vice president, platform development Scott Grumski added “Integration with Command Alkon’s software allows Titan’s quality control technician to lose the clipboard and pencil... The integration partnership reduces risk and advances compliance for Titan’s quality assurance programme.”
Titan America’s Pennsuco and Roanoke cement plants secure US Green Building Council Regional Leadership Award
17 June 2021US: The US Green Building Council (USGBC) has granted its Regional Leadership Award to Titan America’s Pennsuco, Florida, and Roanoke, North Carolina, cement plants. The award recognises green building and sustainable practices. The Pennsuco plant implemented 16 zero waste and sustainability programmes. At the Roanoke plant, Titan America subsidiary Roanoke Cement Company (RCC) achieved TRUE Gold Zero Waste certification in 2020 and implemented environmental product declarations (EPDs).
RCC cement manufacturing vice president Zaklina Stamboliska said, "Through our zero waste programs we have implemented native landscaping and other biodiversity advances to our local ecosystems. We have entered into outreach with local universities to educate students and shared our knowledge among our industry, concrete producers and others through work with EPDs. We are building and spreading the word."
US: Titan America, part of Greece-based Titan Group, has launched ProAsh and EcoTherm. Both products are made from ash reclaimed from landfill and can be used in both cement and concrete production. Titan America subsidiary Separation Technologies produces the materials at its Brunner Island reclaimed ash drying and electrostatic separation plant in Pennsylvania.
President and chief executive officer Bill Zarkalis said, “This breakthrough achievement represents Titan America’s commitment to the reduction of CO2 through innovation as we plan to deploy this technology across the construction material sector.” He added “By harnessing the power of this technology, Separation Technologies is utilising a revolutionary beneficiation process that is capable of converting reclaimed ash from ash basins in an efficient manner. The result is a high-grade, low carbon construction product.”
US: Green Business Certification Inc has awarded Titan America’s Pennsuco cement plant in Medley, Florida the TRUE Platinum zero waste certificate. TRUE, which stands for “Total Resource Use and Efficiency,” provides a ratings systems by which facilities can receive recognition for achieving zero waste goals. The Pennsuco plant, “repurposed office supplies and materials, composted organic waste and xeriscaped – the process of landscaping that reduces or eliminates the need for supplemental water from irrigation – among other major initiatives.” The plant is the first in the cement industry to achieve TRUE Platinum certification.
Environmental engineer Allyson Tombesi, who led the zero waste recertification, said, “It’s not just about receiving an award: being zero waste is about considering how we can minimise our impacts so that future generations have the opportunity to live in a sustainable environment. The programme was created with a goal to encourage our employees to lead a zero-waste lifestyle at both the plant and at home. Through programme participation, we hope to inspire our employees and our industry to take action that benefits the future of our planet.”