Antea - Albania

completed

Antea Cement (the company), part of the Titan Group of Greece, proposes to construct a 3,300 tpd clinker production facility, capable of producing a total of 1.50 Million tons cement per year near Fushe Kruje, a city north of Tirana in Albania. The facility will be funded by its main shareholders Titan Group, together with IFC and EBRD as minority shareholders. The project area is located North of Tirana in the municipality of Picrraga, in the vicinity of the communities of Burizane, Picrraga and Brett. Neither the project nor quarry sites are inhabited, but cover some areas traditionally used by some local herb collectors as well as patches of grazing areas.Project preparation, with core drillings to ensure the full understanding of the raw material reserves has been carried out, and the project is now preparing for groundbreaking for the main plant and its access roads in the early spring of 2008. Quarry preparation will follow approximately one year later. The dates in the Environmental and Social Action Plans are based on this expected timing.