Italcementi Group

10/05/2016 15:28

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You are in A global presence / Egypt Pro duct io n f acilit ies It alcement i It alcement i Group Gro up Com panies: Suez Cem ent Indust rial Egypt group of net wo rk Com panies A glo bal presence RMB Decom Albania Country Company Italgen Misr Bulgaria | | Facilities | Photogallery prof ile contacts Cem ent 5 China plants: Suez Cyprus Kattam eya Italcementi Group Tourah Egypt entered the Egyptian Helwan France/Belgium market in October 2001, El Minya Gam bia when it took part to the Concrete 20 Greece first privatisation phase plants: India of Suez Cement, a Italy company listed on the Co unt ry pro f ile Italcementi Group in Egypt Kazakhstan Cairo and Alexandria Kuwait Stock Exchange, acquiring 25% of its Key dat a Mauritania capital and thus In M € * 2015 2014 2013 Morocco becoming one of its Revenues 580.7 588.8 498.9 Saudi Arabia strategic stakeholders. Recurring 43.5 105.5 110.1 Syria Following subsequent *Click on the map to enlarge EBITDA Spain purchases, in March 2005 Italcementi Group became the Sri Lanka principal shareholder of Suez Cement, together with a (*consolidated data before intragroup elim inations) Thailand consortium of local and international investors, through one of the most substantial foreign investments in Egypt outside the Trading oil sector. Do wnlo ad North Am erica O ur world Visio n and Italcementi Group Prof ile Missio n Suez Cement's entrance in the Italcementi industrial network constituted an important opportunity of development for the Chart er o f Values Egyptian company, also due to new investments aimed at O ur po licies increasing its efficiency. Furthermore it strengthened the Group's O ur Management leadership in the Mediterranean, confirmed by the acquisition of O ur Hist o ry Helwan plant in 2005. O ur Indust ry Go vernance Suez Cement operates 5 plants, one of which specialised in white Sust ainable cement production (El Minya), and has an overall staff of more Develo pment than 3,000 employees, who participate in ongoing training and Invest o r

Relat io ns advancement programs. Suez Cement is one of the leading Media and cement manufacturers in the Egyptian market.

Co mmunicat io n Research and During 2006 the Group entered the concrete sector through the Inno vat io n acquisition of RMB (Ready Mix Beton) and Decom. Archit ect ure Careers The company is dedicated to investing in a better Egypt. Its Lo gin biggest challenge is promoting industrial development and Select service economic performance while ensuring to comply with the highest standards of environmental protection. In this spirit, in November ------2013, a new, state-of-the-art filtration system was launched at Navigat io n Helwan plant. The filter system reduces dust emissions levels to a

pro f ile maximum of 10mg/m3, which is well below Egyptian and European ------standards.

It alcement i In addition, Suez Cement inaugurated a new waste-processing Wo rldwide plant at its Kattameya site in December 2013 that turns pre- sorted waste into fuel. The facility is the ﬁrst of its kind for Egypt and Italcementi Group. The project, which took almost a year to complete, is worth 5 million euros. The plant was built in compliance with Egyptian environmental law and produces approximately 35Kt of RDF Select a Co mpany annually.

------Suez Group of Companies is also approaching the project for the use of coal as fuel for the kilns, in order to limit energy shortage to the plants, according to new governmental shortage to the plants, according to new governmental decisions. The deployment of coal and petroleum coke goes hand in hand with the reduction of the plants' environmental impact through the implementation of state-of-the-art dust filter technology as well as other technical efficiencies and streamlining processes.

The Group, through its subsidiary Italgen, has also invested heavily in renewable energy efforts. In 2014 Italgen began the construction phase and is confident the project will come online in 2016. The initiative branded the firm as an industry pioneer since Italgen was the first private investor to attain government approval to generate and sell renewable energy in the country. The wind farm is being built at a site in Gulf El Zeit, just north of Hurghada. The initiative is part of Italcementi Group’s efforts to boost the percentage of renewable, clean energy their operations use every day. This is in addition to Suez Cement’s long-term plans to reduce fuel consumption via improved production-line capacity and the replacement of conventional fuels, i.e. natural gas and mazut, with alternative fuels such as refuse-derived fuels and biomass. Italgen has allocated more than €130 million for the first phase of the development slated to produce 120 MW of power when complete – enough energy to cover 40% of Suez Cement’s power needs. It will also reduce the company's CO2 emissions.

Italcem enti - Via Cam ozzi, 124 - 24121 Bergam o, Italy - Tel. +39 035 396 111

Last update 06/05/2016 10:22:01 UT C