Displaying items by tag: Titan America

US: The Environmental Protection Agency (EPA) has announced that 10 cements plants have received its Energy Star certification in 2022 from a total of 86 manufacturing plants across all industries. The certification is awarded to the top 25% performers in energy efficiency in each sector. The EPA cited examples of how Titan America’s Troutville plant in Virginia and its Medley plant in Florida had converted production to Portland Limestone Cement (PLC), and achieved a 12% reduction in electricity use and an 18% reduction in CO2 emissions, respectively, thanks to improved energy management. It also mentioned Cemex’s Miami plant in Florida, which increased its energy performance in 2022 by modifying a finish mill, optimising the ball charge on the largest mill and identifying and correcting potential energy losses while also increasing the production of PLC.

Cement plants awarded the Energy Star certification in 2022 include: Drake Cement’s Paulden plant and Salt River Materials Group’ Clarkdale plant in Arizona; GCC’s Pueblo plant in Colorado, Cemex’s Miami plant and Titan America’s Medley plant in Florida; Argos USA’s Harleyville plant in South Carolina; GCC’s Rapid City plant in South Dakota; Buzzi Unicem USA’s Chattanooga plant in Tennessee; Titan America’s Troutville plant in Virginia; and Ash Grove Cement’s Seattle plant in Washington.

US: Titan America has successfully converted its cement operations to 100% Portland limestone cement (PLC) production. As part of its transition, the producer established two new 70,000t storage domes to serve its key markets.

President and CEO Bill Zarkalis said "I would like to thank all members of the Titan America team who are able and energised to provide the highest performing products to our customers, and do so with our 2030 goals for a sustainable future at top of mind. Our conversion to 100% Type IL PLC production and our expanded investments to deliver lower carbon products and solutions to customers showcase the progress we have made and our commitment to accelerate our contribution to addressing climate change."

US: The National Mining Association has named Titan America's Pennsuco, Florida, quarry as winner of its Sentinels of Safety 2022 large quarry safety award. The quarry operated for 432,000 man hours without a single lost time incident during 2021.

Titan America's senior vice president Walter Reed said "The team at our Pennsuco Quarry demonstrates yet again that a fully embraced and entrenched safety culture will inevitably form the foundation for a long-term successful, sustainable, and extremely productive operation."

The 2022 award is the Pennsuco's second consecutive and eighth overall Sentinels of Safety win.

Greece: Titan Group says that strong sales in the third quarter of 2022 has driven its performance so far in 2022. Its sales rose by 32% year-on-year to Euro1.66bn in the first nine months of 2022 from Euro1.26bn in the same period in 2021. Its earnings before interest, taxation, depreciation and amortisation (EBIDTA) grew by 7% to Euro235m from Euro220m. It attributed its sales growth to higher sales volumes and higher prices more than sufficiently offsetting growing energy and transport costs. Strong performance was reported in the US and construction market was described as recovering in Greece. Elsewhere, high energy costs were said to be reducing demand in Southeast Europe, market problems in Turkey continued but the group raised its prices and increased exports, saes volumes increased in Egypt and a decline was noted in Brazil.

US: Roanoke Cement, part of Titan America, has held a ground-breaking ceremony for an expansion at its Chesapeake Terminal near Norfolk in Virginia. Council members, other state and local officials and Roanoke Cement team members gathered to launch the project, to build a new US$40m storage dome. In response to increasing demand for low carbon cement, the storage dome at the terminal will provide an additional 70,000t of capacity, tripling the site’s existing storage volume. The Chesapeake Terminal will see expanded truck and rail capacity as well, and the improved terminal will enable the import and distribution of other raw materials needed to produce concrete.

"This important capital improvement is another investment in anticipation of increased construction material demand for infrastructure development and other projects," said Kevin Baird, president of Titan America's Mid-Atlantic Business Unit, which includes Roanoke Cement. "Expanded storage and marine terminal upgrades permit us to make low carbon cement available for construction needs all over the region."

The company expects the expanded facility to be completed by the end of 2023, in time for the region’s 2024 construction season.

US: Titan America has successfully implemented machine learning monitoring and adjustment software systems at its cement plants at Pennsuco in Florida and Roanoke in Virginia. The producer says that the increased automation will enhance the plants' efficiency, reliability and product quality.

President and chief executive officer Bill Zarkalis said "I'm incredibly proud to mark the end-to-end digital transformation of our cement plants. A systematic process of test and learn that started several years ago has reached an important milestone.”

Greece: Titan Cement’s consolidated sales rose by 26% year-on-year to Euro1.04bn in the first half of 2022 from Euro821m in the first half of 2021. The group’s US sales rose by 23% to Euro595m from Euro482m. Its Southeastern Europe sales grew by 28% to Euro169m, while its Greece and Western Europe sales grew by 21% to Euro158m and its Eastern Mediterranean sales grew by 49% to Euro113m. The producer also holds a stake in Brazil-based Cimento Apodi, which recorded sales growth of 38% to Euro50.5m. Titan Cement’s earnings before interest, taxation, depreciation and amortisation (EBITDA) amounted to Euro139m, down by 2.5% from Euro143m. The producer expects cost pressures to persist throughout 2022. It says that its focus is on safeguarding its production, protecting its margins, improving its efficiencies and continuing with its carbon mitigation strategies.

Titan Cement’s CO₂ emissions per tonne of cementitious product fell by 5.6% year-on-year, driven by a reduction in the clinker factor.

Greece: 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.

US: 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.