Titan-GCCA.
percent state-owned, has been forced to make provisions for overdue bills left unpaid in austerity-hit Greece in recent years. Provisions dropped considerably after the utility hired an adviser to help it collect the arrears. Sales fell by 6.8 percent to 2.2 billion euros as PPC, once a monopoly, lost share in the retail market under a bailout-mandated plan Greece adopted to open up the sector to competition. Under its 2018-2022 business plan, PPC will spend about 3.9 billion euros to boost its renewables and network.
Titan Group announced yesterday it has joined the newly established Global Cement and Concrete Association (GCCA), a global organization dedicated to strengthening and promoting the sector’s contribution to sustainable construction. Through its participation, Titan continues to build on its commitment to actively engage in collaborative initiatives aiming to address global sustainability challenges. Launched last January, GCCA aspires to become a respected industry voice and trusted source of information on sustainable construction. Headquartered in London, it complements and supports the work done by cement associations at national and regional level. As of January 2019 GCCA will incorporate the activities of the Cement Sustainability Initiative following a strategic partnership with the World Business Council for Sustainable Development.