New cement production factory of Titan Cement in Albania
Titan Cement SA announced the signing of an agreement between its subsidiary in Albania Antea Cement Sh.A and China’s CBMI Construction Co Ltd for a turn key contract of a new cement production factory in Boka e Kuqe in Albania. Titan Group operates 11 cement factories in six countries. Its sales totaled more than 16 tons last year.
The ANTEA Cement Sh.A. is one of the largest industrial Greenfield investments by the TITAN GROUP, in Albania. The new cement plant near Fushe Kruje, is capable of producing a total of 1.5 million tons of cement per year. The new plant operation aims not only to reduce the need for importing cement in the country but also encourage new investments in housing and infrastructure development, as well as exports.
LATEST issue 4/2023