Italcementi Group Title 14 maggio 2012
Our world
As at 31.12.2015
www.italcementigroup.com
www.i-nova.net
Italcementi Group
Italcementi Group at a glance
One of the world’s leading cement producers
A worldwide presence in 21 countries
An overall staff of about 17,500 people
A consolidated production capacity of
approximately 60 million tons
2015 annual sales exceeding 4.3 billion Euro
The first cement company to be listed
on the Italian Stock Exchange since 1925
Over 150 years-old successful business strategy
implemented by a family-driven company at its fifth
generation
Italcementi Group
Italcementi S.p.A. Holding company also operating
Italian cement activities
Italgen S.p.A.
BravoSolution S.p.A.
E-business initiatives
Power production
75%
100%Italcementi Finance S.A.
Société Internationale Italcementi (Luxembourg)
S.A.
CTG S.p.A.
R&D, engineering and technical support
Captive reinsurance
Trading Co
Group financing
50%
85%
50%
15%
100%
100%
Medcem S.r.l.
Shipping
Interbulk Trading S.A.
50%
Support activities
Diversified activities
Ciments Français S.a.s.
Bulgaria
Egypt
Thailand
100%
International cement, ready-mix and
aggregates activities
France
Belgium
Canada
Spain
Greece
U.S.
Others(*)
Morocco
India
Kazakhstan
Affiliates
Affiliates
Calcestruzzi S.p.A.100%
Ready-Mix and Aggregates in Italy
Italcementi Group structure
(*) Italcementi is also present in Kuwait (terminals and Ready-Mix) and Mauritania (grinding centre and Ready-Mix); Albania, Gambia, Sri Lanka (terminals); Saudi Arabia
(Ready-Mix); Syria and Cyprus (minority stakes)
Italcementi Group
103 Quarries
6 Terminals
About 17,500 employees
4.3 billion Euro annual sales in 2015
21 Countries
42 Cement plants
15 Grinding centres
415 Concrete plants
FRANCE
BELGIUM
ITALY
EGYPT
GREECE
BULGARIA
KAZAKHSTAN
INDIA
THAILAND
SRI LANKA
U.S.A. and CANADA
6 25
3
MOROCCO
3
2
25
3
SPAIN
3 5
4
9
1
175
70
1 10
27
103
8
5
1 1
1
CYPRUS *
1
1
2
3
1
GAMBIA
MAURITANIA
2
1
TOTAL GROUP as at 31 December 2014
20 2
2
SAUDI ARABIA
ALBANIA
9
35
3
1 2
2
KUWAIT
SYRIA *
* Countries where the Group qualified minority interests
Italcementi Group industrial network
1
1
1
19
Italcementi Group
SRI LANKA
SINGHA CEMENT
ICC
SAUDI ARABIA
THAILAND
ASIA CEMENT
JALAPRATHAN CEMENT
JALAPRATHAN CONCRETE
CYPRUS
BULGARIA
DEVNYA CEMENT
INDIA
ZUARI CEMENT
KAZAKHSTAN
SHYMKENTCEMENT
BETONATA
MOROCCO
CIMENTS DU MAROC
ITALGEN MAROC
SPAIN
FYM
FRANCE
CIMENTS CALCIA
GSM
UNIBETON
BELGIUM
CCB
ITALY
ITALCEMENTI
CALCESTRUZZI
CTG
ITALGEN
GREECE
HALYPS CEMENT
VASSILIKO CEMENT *
Italcementi Group in the world
KUWAIT
HILAL CEMENT
AL MAHALIYA
NORTH AMERICA
(U.S.A./CANADA)
ESSROC
ESSROC CANADA
CIMENT QUEBEC (JV 50%) *
ESSROC READY MIX
EGYPT
SUEZ CEMENT GROUP OF COMPANIES
RMB
ITALGEN MISR
ALBANIA
EUROTECH CEMENT
GAMBIA
GACEM
MAURITANIA
MAFCI
SYRIA
AL BADIA CEMENT *
* JV or qualified non-controlling interests
Italcementi Group
Business, financial and sustainability highlights
(in millions of euro) 2015 2014 2013 2012 2011
Revenue 4,302 4,156 4,232 4,479 4,657
Recurring EBITDA 636 656 629 643 701
EBITDA 584 651 616 625 742
EBIT 148 234 159 (140) 139
Profit (loss) for the year (69) (49) (88) (362) 91
Profit (loss) attributable to owners of
the parent (120) (107) (165) (395) (3)
Capital expenditure 363 523 339 370 398
Total equity 3,800 3,891 3,783 4,165 4,895
Equity attributable to owners of the
parent 3,009 3,083 2,604 2,903 3,495
Net debt 2,170 2,157 1,934 1,998 2,093
Number of employees at Dec. 31 17,525 17,779 18,484 18,886 19,462
Innovation rate (% revenue) 7.9 6.6 5.3 2.6 4.5
Carbon emissions (kg carbon/t cement products) 691 692 694 712 708
Injury frequency rate (injuries per million hours worked) 2.8 3.7 4.1 6.2 6.2
Women in managerial positions (%) 10 10 9 10 12
Italcementi Group
Our core industryItalcementi Group is focused on three main product lines: cement, aggregates and concrete.
The Group aims to optimize production across all of our markets, providing a complete solution for
customers needs at the lowest possible cost, strategically integrating its activities.
Cement is made from a mixture of 80% limestone and 20% clay. These are
crushed and ground to provide the "raw meal”, a pale, flour-like powder. Heated
to around 1450° C (2642° F) in rotating kilns, the “meal” undergoes complex
chemical changes and is transformed into clinker. Fine-grinding the clinker
together with a small quantity of gypsum produces cement. Adding other
constituents at this stage produces cements for specialized uses.
Concrete is a mixture of cement, aggregates, water, admixtures and additions
based on formulas that conform to predetermined strict technical specifications.
Concrete is either mixed on the building site or delivered "ready-mixed" by
specialized suppliers.
Aggregates are made from sand and gravel extracted from
quarries. Around 60% of aggregates are used in road
construction. The remainder is used to produce concrete.
Italcementi Group
What is cement used for?
Safe, comfortable, environmentally friendly, cheap and efficient buildings
from the energy point of view.
Cement meets construction requirements to satisfy the life needs of the entire
community: houses, schools, hospitals, offices, cinemas, shops and sports centers.
Cement is the most widely used construction material in the world.
Large infrastructural projects.
Roads and highways, dams, ports and airports that require high performance and
technological cements able to keep their properties over time and also resist natural
phenomena.
Valuable architectural works.
Italcementi’s innovative products have enabled famous architects to build works that are
globally recognized such as the Church Dives in Misericordia in Rome and the Italian
Pavilion at the Shanghai Expo.
Italcementi Group
Mission
To develop energy business in respect of the environment and the territory by favoring sustainable energy
production from renewables, adopting the Best Available Technologies, in line with Italcementi Group’s
sustainable development policy.
Italgen, part of Italcementi Group, operates in the international market of the renewable energy sector.
Project under construction
1 wind farm in Egypt – 320 MW
1 hydro power plant in Italy (Palazzolo S/O)
Plants in operation:
14 hydro power plants in Italy - 56 MW (all certified by )
400 km of power transmission lines in Italy
1 photovoltaic power plant in Italy (Guiglia) - 6 MW
2 wind farms in Bulgaria (Kavarna) - 18 MW
1 wind farm in Morocco (Lâayoune) - 5 MW
1 concentrated solar power plant in Morocco (Aït Baha)
Figures
358 GWh of renewable energy globally generated in 2015
Projects under development:
1 wind farm project in Morocco – 10 MW
1 wind farm project in Greece – 10 MW
1 wind farm project in Kazakhstan – 10 MW
The energy business
Italcementi Group
Kavarna I (9 MW)
Kavarna II (9 MW) Greece
Egypt
Morocco
Lâayounec) (5 MW)
Bulgariab)
Italy
56 MW
Guigliaa) (6 MW)
Hydro
Solar
Wind
Aït Baha (3 MW Th.)
Safi (10 MW)
New
pipelineMauritania
TBD
Kazakhstan
Lâayounec)
(expansion)
Mandra (10+10 MW)
CSP
Vetra (0.5 MW)Tolebi (10 MW)
Under
construction
Gulf El Zeit (320 MW)
The energy reference scenario
a) Italgen holds a 30% stake in the company developing the photovoltaic power plant
b) Italgen holds a 49% stake in the company operating Kavarna plants c) Owned by Ciments du Maroc
Italcementi Group
The trading businessInterbulk Trading is the international subsidiary of Italcementi Group engaged in trading of clinker,
ordinary and special cements, mineral products and solid fuels worldwide.
Interbulk Tradings's core activities include:
Hydraulic binders trading
Solid Fuels trading
Shipping & Maritime Logistics
Supervision of International Terminals
Italcementi Group
International terminals
Albania: Eurotech Cement commenced its activities at Durres in 1998. A second terminal has been
activated at Vlora in February 2008 to cover the Southern Albanian market;
Italcementi Group is always eager to pick up on development opportunities in emerging countries as they
arise, also by coordinating and managing international trading terminals located in key geographical areas.
Interbulk Trading supervises the activities of three terminals:
Mauritania: Mafci started its operations with a
cement terminal in 1997 that was converted in a
grinding centre in 2001. Mafci is ISO 2001 certified
and has recently started the ready mixed business
through the company MBR (Mauritanienne des
Bâtiments et Routes).
The Gambia: Gacem is part of Italcementi Group since 1993.
Located in Banjul, Gacem is the sole Gambian cement importer;
New project are actually under examination and implementation concerning new terminals and
grinding centers in Africa sub-saharan, with first steps foreseen in Ghana, Guinee and
Mozambique.
Mauritania1 Grinding center
sales 170K t
3 Batching plants
sales ready mix
concrete 20K m3
The Gambia1 Terminal
sales 160K t
Albania2 Terminals
sales 140K t
Mozambique
Ghana
Guinee
Under development
Italcementi Group
The Società Bergamasca per la Fabbricazione del Cemento e della Calce idraulica is established.
1925.
Over 150 years-old successful business strategy
Italcementi: a company with roots in the 19th century
150° anniversary of Italcementi. Plan to strenghten streamilining the Group structure.
1864
1925
1964
1992
1997
1998
2001
2005
2006
2007
2011
2014
Further acquisition in the concrete business in the USA and Kuwait.
The company is listed on the Milan Stock Exchange.
13th biggest turnover in Italy, 28 cement plants and 8 associate companies.
Ciments Français, a company twice bigger than Italcementi, is purchased. The new Group amongst the world leaders in the sector. Biggest acquisition ever made abroad by an Italian company.
Calcestruzzi is purchased in Italy to complete the downstream integration of the core business with ready-mixed concrete.The new brand and corporate identity is defined.
Internationalization towards emerging countries: Morocco, Bulgaria, Kazakhstan and Thailand.
Joint-venture with Zuari Industries in India.
Italcementi becomes the reference shareholder in Suez Cement, one of the leading Egyptian cement producers.
Acquisition of Zuari Cement in India.
Acquisition of Hilal Cement in Kuwait. Entering the concrete sector in Saudi Arabia through ICC.
2008
.
The Turkish subsidiary Set Group is sold. Sika acquires Axim with a long-term partnership with Italcementi Group.
2015 Supply of i.active BIODYNAMIC cement for Palazzo Italia at Expo 2015.
Italcementi Group
Building our vision
To be a world class local business
building a better and sustainable future
for all our stakeholders.
Vision and Mission
Building our mission
To create value in the building materials
sector through the innovative and
sustainable use of natural resources for
the benefit of our communities and clients.
Five values lie at the heart of our Group.
These values not only define us, but
act as a guide for our daily activities:
Responsibility
Integrity
Efficiency
Innovation
Diversity
Building our values
Italcementi Group
Corporate GovernanceItalcementi Group considers the adoption of good rules of Governance as the real lever to achieve
efficiency, transparency, appropriate management and control efficacy.
The Group’s business growth is therefore accompanied by an ever greater focus on Corporate
Governance, which, in its organisation, stands for business ethics together with the creation of
value in a context of sustainable development.
The Group succeeded in establishing a well defined decision making structure, together with all
relevant bodies, leading to the listing of a series of ethical as well as more typically managerial rules,
principles and behaviours that must be applied in all Group companies.
Also the adoption of a consistent system of policies, organized procedures
and behaviours complying with local legislations and best practices, was
an action successfully conducted with the aim of establishing transparency
and efficiency in decisional and operational activities.
Our progress in this area reached an important milestone in 2006
with the presentation of the Italcementi Group Charter of Values,
a document that sets out the fundamental principles of the Italcementi
engagements in Corporate Governance and the goals of the
Group’s Sustainable Development strategy, presenting them
as a cohesive whole.
Italcementi Group
Sustainability as the basis of the Group
strategic development
Sustainability
Industry Innovation Development
Italcementi Group
For more than ten years Italcementi Group has followed a corporate strategy based on its commitment
to Sustainable Development and has promoted a socially responsible behaviour among all its
employees and subsidiaries.
The Group believes that Sustainable Development, as a combination of economic prosperity,
environmental protection and social responsibility, is the basis of its own future.
2000: Italcementi Group is the founder member of the Cement Sustainability Initiative, the focus
group of the World Business Council for Sustainable Development (WBCSD) on cement. The
WBCSD is a coalition of some 200 international groups sharing the same principles concerning
Sustainable Development.
2002: the Group signed the Agenda for Action, the first formal commitment that binds the cement
industry to Sustainable Development policies. The agreement was signed by ten major cement
producers and sets out a five-year action plan aimed at ensuring an industrial development that
preserves the needs of future generations.
From 2003: the Sustainable Development Report is published every year. It is voluntarily written on
the basis of a series of indicators provided by the Global Reporting Initiative. Il contains the detailed
reporting of the Group improvement objectives, certified by an indipendent advisor, and the trend of
the sustainability performance throughout the years.
2007: the Group Sustainable Development Department has been created. Local functions are
present in each country.
The strategic commitment to Sustainability
Italcementi Group
2009: Italcementi signed the Environmental Protection Pact with the Presidency of the Council of
Ministers and the Italian Minister of the Environment. This voluntary agreement provides for a
programmatic investment initiative by Italcementi entailing actions aimed at reducing greenhouse gases
and boosting the production of energy from renewable sources.
2010: Italcementi Group has adhered to the Global Compact, the United Nations initiative set up to
safeguard the social and environmental sustainability of economic growth processes. It is based on 10
universal principles in terms of human rights, work, environmental protection, corruption fighting.
From 2010: a new set of policies has been disseminated, from the “mother” policy dedicated to
Sustainability to the 7 policies focusing on Safety, Human Rights, Environment, Energy, Social
Initiatives, Health and Quality
2013: Italcementi Group has been confirmed the “Sustainability Yearbook”, the most comprehensive
publication on corporate sustainability released yearly by RobecoSAM Sustainability Investing.
The strategic commitment to Sustainability
Italcementi Group
Research and InnovationItalcementi Group’s commitment to research and innovation is one of its pillars and
underlines its contribution to a better quality of life.
The Group addresses its innovation towards:
more efficient production processes aimed at improving environmental performance
high-performance and technologically advanced materials for new building models.
Innovation develops products and solutions to build in a more efficient way and at a lower
price. In this way constructions are:
Sustainable: reduced energy consumption, better thermal and sound insulation
Safe: anti-seismic, fire resistant, radiations resistant, resistant to unpredictable events
Comfortable and highly aesthetic: strong attention to the surrounding areas, reduced
raw materials consumption and environment preservation.
Italcementi Group
Innovation: technologies and materials
Low energy clinkerization
Use of recyclable raw
materials
Low CO2 emission products
and processes
Reduced water consumption
Technology
improvements
Green product portfolio
improvements
Innovation dedicated to sustainable solutions is our means to build competitive advantage
Italcementi Group
i.lab, the heart of innovation
Designed by Richard Meier
Photovoltaic panels
Solar panels (provide 65% of
annual energy requirements)
Geothermal energy system
• It houses 70 researchers - engineers, chemists, physicists, geologists
• 7500 m2 dedicated to laboratories
• Over 100 patent families filed since1992
• About 337 million Euro annual sales
thanks to innovative products
• In 2015 the innovation rate rose to 7.9%, an increase of approximately 20% from
the previous year.
Italcementi Group
Market innovation
An interface representing the innovative approach of Italcementi and transferring it to all
markets worldwide in all sectors of activity.
The customer is the centre of a strategy focused on the capacity of offering solutions
meeting specific needs.
A codified system, universal and intuitive organized around the concept of
Italcementi Group
All products grouped into 11 Performance
Families
Classic
productsProfessional
products
Ultra-
resistant
products
Quick
products
Fluid
products
Thermal
productsAcoustic
products
Special products
to design with
water
Aesthetic
productsPhotocatalytic
productsTransparent
products
Italcementi Group
2015 Highlights
- 1.6
3.5
14.8
17,525
- 120
- 69
148
636
4,302
- 1.417,779Employees
- 107Group net profit
- 1.2% on revenue
- 41.7- 49Net profit
5.8% on revenue
- 36.6227EBIT
15.6% on revenue
- 3.1649EBITDA - recurring
3.54,156Revenue
Var. % 2014M Euro
- 12
2015
Italcementi Group
Revenues by business
Cement and clinker 66.5%
2,860 M EuroOther activities 6.3%
271 M Euro
Concrete and aggregates 27.2%
1,171 M Euro
Sales volumes
32.7 MtAggregates
11.5 Mm3Ready mixed concrete
43.4 MtCement + clinker
Italcementi Group
Revenues by country
Trading 3%
31.12.15 (in M Euro) %Change ‘15/‘14
584 28.5North America
Asia 14%
Europe 44.3%
North America 13.6%
North Africa and
Middle East23.1%
2%Others
345 11.7Morocco
101 - 6.1Spain
581 -1.4Egypt
25 -13.2Greece
4,302 3.5Total
168 -16.8Trading cement & clinker
336 2.5Others
276 20.8India
304 12.0Thailand
69 20.2Bulgaria
37 -4.6Kazakhstan
571 - 4.9Italy
1,272 - 6.7France/Belgium
73 23.4Kuwait
- 428 -Eliminations
9 17.8Saudi Arabia
Italcementi Group
Recurring EBITDA by country
31.12.15 (in M Euro) % Change ‘15/‘14
636 - 3Total
16 55Trading cement & clinker
5 n.s.Others
45 > 100India
68 6Thailand
- 5 n.s.Kazakhstan
0 - 98
151 10Morocco
176 -24
Spain
44 - 59Egypt
- 1 n.s.Greece
71 40North America
27 >100Bulgaria
34 74Italy
France/Belgium
5 82Kuwait
37%Europe17%Asia
11,2%North America
31,4%North Africa and
Middle East
3,4%Others
Italcementi Group
Financial Ratios and Ratings
(*) June ‘14 ratios calculated on 2,076M€ Pro-forma NFD after completion of equity transactions
Dec. 15 ratios calculated on 2,170M€ NFP
(**) GCF and RCF based on reported figures
Moody’s
S&P’s
(Ba3)
BB
LT Rating Outlook Last Action
(Positive)
Positive
29/07/2015 (Review for upgrade)
8/10/15 (Revised Outlook)
Ratings
LTM(**) GCF and RCF / Net Debt(*)
20.5%
18.2%17.7%
17.1%16.0%17.3%
14.9%14.4%
16.1%
14.2% 14.4%
13.3%
13.3%
12.5%
12.9%
10.8%
9.4%
Dec-13
Mar-14
Jun-14 Sep-14
Dec-14
Mar-15
Jun-15 Sep-15
Dec-15
GCF / ND RCF / ND
-2.7pt
Net Debt(*) / LTM Recurring EBITDA
3.07
3.26 3.26
3.47
3.32
3.61
3.333.46
3.41
3.75x
Covenant measurement dates
+0.09pt
+0.25pt
Italcementi Group
Italcementi dividend
Share dividend
Ordinary Saving
Year Total Dividends(in Million Euro)
2008 53.3
2009 33.4
2010 33.4
2011 40.4
2012 16.7
2013
2014*
2015
* After operation
on share capital
16.7
31.1
0 *
Euro
2010 2011 2012 2013 2014 2015
0
0.05
0.1
0.15
0.2
Italcementi Group
Italcementi Group Environmental Policy
promotes the use of new and alternative resources;
makes efforts to reduce water consumption and greenhouse
gas emissions;
minimizes the generation of waste and fosters the recycle
of materials;
constantly monitors emissions;
develops rehabilitation plans for its quarries;
conducts regular environmental audit sessions;
uses the best available techniques in existing or
new facilities;
takes actions to prevent risks.
The Environmental Policy is one of the key elements of Italcementi Group corporate mission, whose
aim is to achieve a correct balance between the use of natural resources and long-term economic
growth, ensuring, at the same time, a better quality of life for present and future generations.
To achieve these objectives, the Group:
The Group is committed to preventing or limiting the environmental impact of its activities, promoting
sustainable construction and environmentally-friendly products, alongside developing eco-efficient
technologies and management systems.
Italcementi Group
Italcementi Energy PolicyOur Energy Policy endorses the need to move toward a low-carbon economy and to play an active role in
finding feasible solutions in the field of energy efficiency and climate protection.
Italcementi Group promotes actions to provide fast and effective responses to climate change, as follows:
setting public targets for reducing carbon footprint of operations
and products, in line with the commitments made within the
building material sector;
investing in projects aimed at increasing the use of carbon
neutral alternative fuels and raw materials;
moving toward renewable sources of electricity;
putting a strong accent on raising employees’ awareness to
reduce their energy and carbon footprint;
working on identifying technologies to reduce the CO2 intensity
of cement production.
Italcementi Group
Italcementi Safety PolicySafety has always been an issue of utmost importance within Italcementi Group.
Adding more substance to the Policy, the Group adopted an enhanced
Safety Management Handbook (SMH). It is structured around five key
areas: leadership of management in the creation of safety culture,
elements to foster motivation in safety, safety structures and the
organizational framework, operational tools, and contractors’ safety.
Making «Safety: a way of living», the Group is implementing Operational
Safety Standards at all its sites. The issued operational standards cover
Personal Protective Equipment, Works At Height, Control of Hazardous
Energy (Lockout/Tagout), Hot Works and Confined Spaces Entry.
Confirming this approach, the Group has recently approved its Safety
Policy under the motto: «Safety: a way of living».
Italcementi Group
Italcementi Human Rights PolicyItalcementi Group has recently issued the Human Rights Policy, stating that the Group supports
internationally proclaimed human rights as inalienable rights of all individuals, based on the recognition of
inherent dignity, freedom and equality of human beings, including those rights set out in the Universal
Declaration of Human Rights, its associated Covenants and the ensuing international agreements, and in
the International Labour Organization standards.
The Group applies the same approach towards employees,
contractors, subcontractors and suppliers.
Collective bargaining agreements, including also sections related to
health and safety, cover almost 100% of employees in all Group
subsidiaries.
The Group is also committed to making sure that it is not complicit in
human rights abuses in any of the businesses and countries in which
it operates and that it respects indigenous rights.
Italcementi Group
Italcementi Health PolicyItalcementi Group has recently issued its Health Policy, enhancing the well-being of all its workers as vital
as protecting their safety.
The Group is committed to eliminating occupational illnesses by minimizing any exposure to risks and by
training its workers to behave in the healthiest way.
In particular, the activities promoted are as follows:
1. regular workplace assessments and occupational medical
surveillance;
2. adoption of best available techniques when installing new
facilities or revamping already existing plants;
3. provision of site medical and first aid treatment, in order to
guarantee prompt assistance in case of accident;
4. ban on purchase, supply or use of materials with health
concern;
5. communication of relevant health information to customers,
retailers and end-users for marketed products.
Italcementi Group
Italcementi Social Initiatives PolicyItalcementi Group has launched its new Social Initiatives Policy, confirming its commitment to building
relationships with all its stakeholders based on trust, openness and long-term cooperation.
The Group addresses its effort towards all the involved stakeholders by
promoting active partnerships at:
Internal level: the Group considers employees as the priority, as a major
Group asset and ambassadors in the community.
Local level: the Group aims at involving local governments, local media,
suppliers and customers.
National level: the Group aims to maintain active relationships with
national governments, national media, industrial customers, academics and
research institutes, national cement associations and investors.
International level: Italcementi Group actively promotes engagement with
other international stakeholders, such as the International Emission Trading
Association – an independent business organization related to climate
change - the socially responsible investment community and the public-
private Carbon Funds of the World Bank.
Italcementi Group considers support to communities as an opportunity to promote sustainable
principles in all the countries where the Group operates.
Italcementi Group
2015 Group Targets
2015
Target
2015
Status
Environmental protection
Gross CO2 emissions 640 691
Cement plants certified to ISO 50001 or equivalent 50% 2%
Cement plants and grinding centers certified to ISO
14001
100% 96%
Continuous monitoring according to Group standard
(dust, SO2, NOx, CO, VOC)
100% 97%
Kilns with emissions below Group standard levels 100% 92%
Alternative fuels, cement 10% 13%
Quarries with rehabilitation plans 100% 92%
Italcementi Group
2015 Group Targets
2015
Target
2015
Status
Group Vision
Anti-corruption and Bribery Compliance Programme 100% 70%
Anti-trust Compliance Programme 100% 100%
Enterprise Risk and Compliance Programme 100% 100%
Social Responsibility
Training hours per employee / year 20 18
Number of Fatalities 0 4
Lost Time Injuries Frequency Rate < 3 2.8
Employees monitored according to Group standard for
occupational hygiene
100% 78%
Italcementi Group
2015 Group Targets
2015
Target
2015
Status
Responsible Production
Corporate suppliers screened also on social and
environmental performance
100% 100%
Customer satisfaction, average of absolute and relative
indexes
800 809
Innovation rate 4-5% 7.9%
Italcementi Group
i.active: photocatalytic solutionsi.active is the new performance family that comprises
products containing the TX Active® technology, thus
featuring depolluting, self-cleaning, bacteriostatic and
odour-eliminating properties.
Coating an area of 1000 m2 with TX Active-based
products is equivalent to:
Designed by Richard Meier, the Dives
in Misericordia Church was built with
TX Active® white cement.
Italcementi Group
i.active BIODYNAMIC: cement for creativity
Photo Mario and Pietro Carrieri by Italcementi
i.active BIODYNAMIC is a high performance, highly
flowable cement mortar for manufacturing
non-structural architectural precast elements featuring
thin sections and complex shapes.
It is this cement’s outstanding workability that
made it possible to build the inventive structures of
Palazzo Italia at EXPO 2015.
Italcementi Group
i.light : the transparent cement
i.light was especially developed
to build the Italian Pavilion at the
2010 World Expo in Shanghai.
i.light is a precast concrete panel that can transmit
light.
i.light not only lets natural and artificial light in,
but also allows seeing images or objects placed behind
the panel while creating a surprisingly transparent effect.
It combines the strength of cementitious materials and
the transparency effect typical of glassy materials.
Italcementi Group
i.tech CARGO: ultra-strong pavementsi.tech CARGO is an innovative self-percolating
cementitious slurry ideal for making semi-flexible
pavements designed for heavy loads.
Asphalt
pavement
i.tech CARGO
pavement
Less maintenance
More sustainability
Greater safety
Higher heat resistance
Easy and rapid to install
Italcementi Group
i.design EFFIX: cement for creativity
Strength and durability
Workability and flexibility of a plastic material
Perfect finish of a mineral material
Minimum thickness
Ease of use
Ease of customization
High quality production
i.design EFFIX is a mortar with very
high mechanical and aesthetic performance
that combines the durability typical of a cementitious
material and the workability of a plastic material.
Developed for non-structural concrete elements of
refined aesthetic value, i.design EFFIX is a real
source of inspiration for architects and designers.
Italcementi Group
i.idro DRAIN: the draining solutioni.idro DRAIN is an innovative ready-to-use concrete
formulation for pavement application that is capable
of draining water.
Thanks to this specially formulated blend,
i.idro DRAIN combines the strength of a
concrete pavement with a drainage capacity
being 100 times greater than that of natural soil.
Traditional
pavement
i.idro DRAIN
pavement
i.idro DRAIN obtained the EPD
Environmental Product Declaration.
It also contributes to earning LEED points.
Italcementi Group
ALI range: high-tech green productsALI is Italcementi Group product line based on calcium
sulfoaluminate technology.
ALI products are based on a
low environmental impact production process
It allows to satisfy a wide range of needs like:
Highly adjustable setting time
Rapid early strength development
Progressive strength increase
Low shrinkage values
Low alkali content
Highly recyclables
Highly performings and sustainables
Top Related