Milestones

1963 - Establishment of Vassiliko Cement Works by Hellenic Mining Company;

 

1967- Launch of operation of the 150,000-ton production facility;

 

1984– Launch of operation of the adjacent port;

 

1990- Italcementi Group (currently owned by Heidelberg Cement) acquires 20% of the company shares; the holding is subsequently increased to 33%. Following the merger of Vassiliko Cement Works with Cyprus Cement Company and as time passed by, the holding declined to 26%;

 

2000- Installation of a new cement silo (25,000 tons) which improves export capability and local distribution;

 

2000- Operation of the Research and Testing Laboratory under European Standards;

 

2002- Installation of a new-type cement mill, contributing to CO2 emissions reduction;

 

2008– Merger of Vassiliko Cement Works with Cyprus Cement Company;

 

2011– Launch of operation of the new Best Available Technology clinker production line with a capacity of 6,000 tons/day;

 

2015- Launch of operation of Alternative Fuels and Raw Materials Feeding System;

 

2016- Launch of construction of an additional clinker silo with a total capacity of 100,000 tons.