Vassiliko Cement Works Public Co. Ltd.
CCSECY:VCW6.20
EUR
0.00
(0.00%)
ISIN
CY0001201215
Return %
Stock
S&P 500
1Y
46.92
14.20
3Y
102.61
81.12
5Y
138.46
68.34
Capital Structure
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Company Description
- CEO
- Antonios Antoniou
- Sector
- Non-energy minerals
- Industry
- Construction materials
- Address
- Nicosia Cyprus
- IPO Date
- Mar 29, 1996
- Website
- vassiliko.com
- Similar Companies
- Business
- Vassiliko Cement Works Public Company Ltd. is a Cyprus-based industrial building materials company primarily engaged in the production, distribution, and export of cement, clinker, and related minerals, as well as the operation of specialized maritime port handling facilities. Founded in 1952 and headquartered in Limassol, Cyprus, the company operates an integrated cement manufacturing facility and a dedicated private deep-water port terminal in the Vassiliko industrial zone near Mari. The company organizes its operations across heavy building materials, port terminal logistics, and environmental energy recovery segments, providing a comprehensive product and service portfolio that includes: Portland and blended cements, featuring Portland composite cement (CEM II/A-L 42.5 R), Portland-limestone cement (CEM II/B-LL 32.5 R), and composite cement (CEM II/B-M 42.5 N); high-durability and sulfate-resisting Portland cement (CEM I 42.5 N SR) engineered for marine, coastal, and subterranean infrastructure projects; hydraulic binders and Portland cement clinker supplied in bulk for domestic consumption and overseas grinding facilities; raw mineral extraction and processing, including limestone, clay, marl, and gypsum; comprehensive maritime port terminal services comprising bulk material handling, automated clinker and cement vessel loading, heavy cargo stevedoring, and marine logistics via the Vassiliko Port; and industrial waste management and co-processing services utilizing Refuse-Derived Fuel (RDF), Solid Recovered Fuel (SRF), shredded scrap tires, and processed biomass as alternative energy sources in clinker kilns. Vassiliko Cement Works caters to ready-mix concrete producers, civil engineering contractors, precast manufacturers, and building material distributors throughout Cyprus, while maintaining substantial export channels across the Eastern Mediterranean, Southern Europe, North Africa, and the Middle East. In recent operational and strategic developments, the company has significantly accelerated its capital expenditure programs focused on decarbonization, carbon emissions abatement, and energy sustainability. These initiatives include the commercial commissioning of a dedicated utility-scale photovoltaic solar park to supply renewable electricity directly to its industrial complex, substantial upgrades to kiln precalciner systems to raise the alternative fuels thermal substitution rate above 50%, the commercial rollout of new eco-efficient low-carbon cement blends with reduced clinker factors, and continuous modernization of its dedicated port infrastructure to increase bulk loading speeds and regional export efficiency.