The circular economy is a reliable, modern proposal for sustainable development, which has multiple benefits for society, the economy and the environment. That is why at TITAN we support it in practice as a business model.
Circular economy is, simply put, extending the life cycle of products, while saving non-renewable natural resources, through the reduction, reuse, recycling and recovery of raw materials, energy and waste.
The Greek Sector of TITAN supports the transformation possibilities of the Greek economy that the transition to the circular economy model can bring. Changes that range from solving chronic problems and conflicts, such as waste management, to providing new investment opportunities, and act as a catalyst for sustainable development.
At TITAN cement plants, between 2003 and 2018, approximately 22.4 million tons of industrial by-products and waste were used to replace natural raw materials. The utilization of construction and demolition waste in the production of cement is an innovative solution that TITAN has piloted in recent years, proving that cement is a 100% recyclable material. In addition, concrete returns from the units of our subsidiary "INTERBETON", which would have been sent to landfill, are now used in the production of cement as alternative raw materials. In particular, in 2018, the Kamari factory reached a rate of 37% (thermal) replacement of conventional with alternative fuels, while overall our factories in Greece reached a rate of 22.8%.