Titan Group and Sinoma CBM, a leading force in cement technology and providing integrated technical solutions, have signed a Memorandum of Cooperation to unlock new business opportunities and promote technological innovations.
The aim of the collaboration is carbon neutrality and digitalization of processes in cement production.
Marcel Cobuz, Chairman of the TITAN Group Executive Board, said: “Our cooperation with Sinoma will strengthen our green growth strategy with a horizon of 2026, mutually benefiting both companies and promoting our efficiency across multiple sectors. Together, we are transforming the building materials industry towards a carbon-neutral future.”
Tong Laigou, Chief Executive Officer of Sinoma CBMI, commented: “We aim to strengthen cooperation with Titan in the areas of green and low-carbon development, digital intelligence, and facility operation and maintenance. The memorandum marks a new chapter of mutual trust and beneficial cooperation between our companies.”
History of successful cooperation
Continuing the history of successful cooperation between the two companies, such as the construction of Titan’s state-of-the-art cement plant in Albania in 2010, TITAN and Sinoma CBMI are planning new partnerships.
The memorandum of cooperation includes areas such as low-carbon fuel technologies, refrigeration technologies, virtual reality technology in cement production, digital management of spare parts warehouses, modular grinding solutions as well as carbon capture technologies. It also focuses on the research and development of digital production solutions based on digital data, the optimization of product and/or raw material handling (logistics), factory automation, heat recovery for electricity generation, smart mining technologies as well as the efficient grinding of clay and other complementary cementitious materials.