Our world

As at 31.12.2014
www.italcementigroup.com
www.i-nova.net

Italcementi
4
maggio 2012
Group

Title

Italcementi Group at a glance

The worlds fifth largest cement producer
A worldwide presence in 22 countries
An overall staff of 18,000 people

A consolidated production capacity of

approximately 61 million tons
2014 annual sales exceeding 4.1 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 Group structure

Diversified activities

Holding company also operating

Italian cement activities

Italcementi S.p.A.

Ready-Mix and Aggregates in Italy

Group financing

Support activities

Power production

100%
100%

Calcestruzzi S.p.A.

Italcementi Finance S.A.

Italgen S.p.A.

100%

100%
Captive reinsurance
100%

Ciments Franais S.a.s.

Socit Internationale
Italcementi (Luxembourg)
S.A.

Affiliates
E-business initiatives

R&D, engineering and technical support

50%

50%

France

Bulgaria

Belgium

Egypt

Spain

Morocco

Greece

India

U.S.

Thailand

Canada

Kazakhstan

75%

CTG S.p.A.
Affiliates

Trading Co

15%

BravoSolution S.p.A.

Interbulk Trading S.A.

50%

85%

Shipping

Medcem S.r.l.

Others(*)

(*)

Italcementi Group

International cement, ready-mix and

aggregates activities

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); China, Syria and Cyprus (minority stakes)

Italcementi Group industrial network

SYRIA *
U.S.A. and CANADA

CHINA
ALBANIA

27
3

2
BULGARIA

SPAIN

6
4

KAZAKHSTAN

MOROCCO

24

INDIA

MAURITANIA

THAILAND

33

GAMBIA

1
SRI LANKA

FRANCE

175

67

EGYPT

BELGIUM

ITALY

10
2

TOTAL GROUP as at 31 December 2014

22 Countries

98 Quarries

46 Cement plants

6 Terminals

12 Grinding centres

About 18,000 employees

417 Concrete plants

Italcementi Group

11

104

22

More than 4.1 billion Euro annual sales

CYPRUS *

KUWAIT

20

GREECE

1
1

SAUDI ARABIA

* Countries where the Group holds an equity investment < 33%

Italcementi Group main companies network

NORTH AMERICA
(U.S.A./CANADA)
ESSROC
ESSROC CANADA
CIMENT QUEBEC (JV 50%) *
ESSROC READY MIX

SYRIA
AL BADIA CEMENT *
CHINA
WEST CHINA CEMENT *
BULGARIA
DEVNYA CEMENT
KAZAKHSTAN
SHYMKENTCEMENT
BETONATA

SPAIN
FYM
MOROCCO
CIMENTS DU MAROC
BETOMAR
ITALGEN MAROC

KUWAIT
HILAL CEMENT
AL MAHALIYA
INDIA
ZUARI CEMENT

MAURITANIA
MAFCI

THAILAND
ASIA CEMENT
JALAPRATHAN CEMENT
JALAPRATHAN CONCRETE

GAMBIA
GACEM
FRANCE
CIMENTS FRANAIS
CIMENTS CALCIA
GSM
UNIBETON

BELGIUM
CCB
ITALY
ITALCEMENTI
CALCESTRUZZI
CTG
ITALGEN

SRI LANKA
SINGHA CEMENT
EGYPT
SUEZ CEMENT GROUP OF COMPANIES
RMB
ITALGEN MISR

GREECE
HALYPS CEMENT
ET BETON

CYPRUS
SAUDI ARABIA
VASSILIKO CEMENT *
ICC

ALBANIA
EUROTECH CEMENT

* JV or qualified non-controlling interests

Italcementi Group

Business, financial and sustainability highlights

Italcementi Group

Our core industry

Italcementi 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.

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.

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.

Italcementi Group

What is cement used for?

Cement is the most widely used construction material in the world.

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.

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.

Italcementis 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

The energy business

Italgen, part of Italcementi Group, is an electricity producer into the international markets.
Mission
To develop energy business in respect of the environment and the territory by favoring sustainable energy
production, raising supply from renewables and adopting the Best Available Technologies in line with the
sustainable development policy of Italcementi Group.
Figures
455 GWh is the electric energy globally generated
100% is the share of electric energy generated from renewables
Plants in operation:
14 hydro power plants in Italy - 56 MW (all certified by
400 km of proprietary power transmission lines in Italy
1 photovoltaic power plant in Guiglia (Italy) - 6 MW
2 wind farms in Kavarna (Bulgaria) - 18 MW
1 wind farm in Laayoune (Morocco) - 5 MW
1 concentrated solar power plant at Ait Baha (Morocco)
Project under construction
1 wind farm in Egypt (Phase I) 120 MW
Projects under development:
1 wind farm projects in Egypt (Phase II) 200 MW
1 wind farm project in Morocco 10 MW
1 wind farm project in Greece 10 MW
1 wind farm project in Kazakhstan 10 MW
Italcementi Group

The energy reference scenario

Bulgariab)
Kavarna I (9 MW)

Grecia

Kavarna II (9 MW)

Italia

Mandra (10+10 MW)

56 MW

Kazakistan
Turchia

Vetra (0.5 MW)

Bares (142 MW - dsinvestment)

Tolebi (10 MW)

Guigliaa) (6 MW)

Morocco
Laayoune (5 MW)
At Baha (3 MW Th.)
Safi (10 MW)
Laayoune (expansion)

Hydro
Solar
CSP
Wind

Egitto
Mauritania
TBD

Italcementi Group

Gulf El Zeit Phase I (120 MW)

New
pipeline

Gulf El Zeit Phase II (200 MW)

Disinvest.

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

10

The trading business

Interbulk 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
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:
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;
The Gambia: Gacem is part of Italcementi Group since 1993.
Located in Banjul, Gacem is the sole Gambian cement importer;

Albania
2 Terminals
12 sales 140K t

Mauritania

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
Btiments et Routes).

1 Grinding center
12 sales 170K t
3 Batching plants
12 sales ready mix
concrete 20K m3

Ghana
The Gambia
1 Terminals
12 sales 160K t

Guinee

Mozambique

Under
development

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.

Italcementi Group

Italcementi: a company with roots in the 19th century

Over 150 years-old successful business strategy
1864.
1925.
1925.
1964.
1992.
1997.

The Societ Bergamasca per la Fabbricazione del Cemento e della Calce idraulica is established.
The company is listed on the Milan Stock Exchange.
13th biggest turnover in Italy, 28 cement plants and 8 associate companies.
Ciments Franais, 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.

1998.
2001.

Internationalization towards emerging countries: Morocco, Bulgaria, Kazakhstan and Thailand.

Joint-venture with Zuari Industries in India.

2005.

Italcementi becomes the reference shareholder in Suez Cement, one of the leading Egyptian
cement producers.

2006.

Acquisition of Zuari Cement in India.

2007.

Acquisition of Hilal Cement in Kuwait. Entering the concrete sector in Saudi Arabia through ICC.

2008.

Further acquisition in the concrete business in the USA and Kuwait.

2011.

The Turkish subsidiary Set Group is sold.

Sika acquires Axim with a long-term partnership with Italcementi Group.

2014.

.
150 anniversary of Italcementi. Plan to strenghten streamilining the Group structure.

Italcementi Group

Vision and Mission

Building our vision

Building our mission

To be a world class local business

building a better and sustainable future
for all our stakeholders

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.

Building our values

Five values lie at the heart of our Group.
These values not only define us, but
act as a guide for our daily activities:

Italcementi Group

Responsibility
Integrity
Efficiency
Innovation
Diversity

Corporate Governance
Italcementi Group considers the adoption of good rules of Governance as the real lever to achieve
efficiency, transparency, appropriate management and control efficacy.
The Groups 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
Groups Sustainable Development strategy, presenting them
as a cohesive whole.

Italcementi Group

Sustainability as the basis of the Group

strategic development

Industry

Innovation

Sustainability

Italcementi Group

Development

The strategic commitment to Sustainability

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.

Italcementi Group

The strategic commitment to Sustainability

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.

Italcementi Group

Research and Innovation

Italcementi Groups 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

Innovation dedicated to sustainable solutions is our means to build competitive advantage

Technology
improvements
Low energy clinkerization
Use of recyclable raw
materials
Low CO2 emission products
and processes
Reduced water consumption

Italcementi Group

Green product portfolio

improvements

i.lab, the heart of innovation

It houses 100 researchers - engineers, chemists, physicists,
geologists
7500 m2 dedicated to laboratories
Over 100 patents filed since1992
Over 270 mEuro annual sales thanks to
innovative products

Designed by Richard Meier

Photovoltaic panels
Solar panels (provide 65% of
annual energy requirements)
Geothermal energy system

In 2014 the innovation rate rose to 6,6%, 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.
A codified system, universal and intuitive organized around the concept of

The customer is the centre of a strategy focused on the capacity of offering solutions
meeting specific needs.

Italcementi Group

All products grouped into 11 Performance

Families

Classic
products

Fluid
products

Italcementi Group

Professional
products

Quick
products

Ultraresistant
products

Thermal
products

Photocatalytic
products

Acoustic
products

Aesthetic
products

Special products
to design with
water

Transparent
products

Economic performance

Italcementi Group

2014 Highlights
M Euro

2014

2013

Var. %

Revenue

4,156

4,232

- 1.8

649

629

3.2

15.6

14.9

227

159

5.8

3.8

- 49

- 88

% on revenue

- 1.2

- 2.1

Group net profit

- 107

- 165

35.1

17,779

18,484

- 3.8

EBITDA - recurring
% on revenue
EBIT

% on revenue
Net profit

Employees

Italcementi Group

42.3

44.5

Revenues by business
Other activities 6%
250 M Euro

Concrete and aggregates 28%

1,163 M Euro

Italcementi Group

Cement and clinker 66%

2,743 M Euro

Sales volumes

Cement + clinker
Ready mixed concrete
Aggregates

43.4 Mt
11.5 Mm3
30.8 Mt

Revenues by country
31.12.14 (in M Euro) %Change 14/13

601

- 8.3

1,363

- 7.6

Spain

108

8.2

Greece

29

21.1

North America

455

6.0

Egypt

589

18.0

Morocco

309

- 4.8

Bulgaria

57

- 4.1

Kuwait

59

3.4

Saudi Arabia

108,6

Thailand

271

0.7

India

228

0.7

Kazakhstan

39

-21.5

202
328
- 469

19.7
6.2
-

4,156

- 1.8

Italy
France/Belgium

Trading cement & clinker

Others
Eliminations

Total
Italcementi Group

Emerging Europe,
North Africa and
Middle East

23.7%
Asia

12.7%
Trading

Others
North America 10.9%

Central W. Europe

47.5%

3.2%

1.9%

Recurring EBITDA by country

Italy

31.12.14 (in M Euro)

% Change 14/13

19

n.s.

France/Belgium

222

-16

Spain

10

n.s.

Greece

n.s.

North America

51

-7

Egypt

106

-4

Morocco

137

-4

Bulgaria

12

25

Kuwait

-46

Thailand

64

24

India

18

- 32

Kazakhstan

n.s.

Trading cement & clinker

10

28

Others

-7

n.s.

Total

649

Emerging
Europe, North
Africa and Middle
East

39.6%

Trading

Others
Asia

0.6%

13.1%

North America 7.8%

Central W. Europe

Italcementi Group

1.6 %

38.8%

Financial Ratios and Ratings

LTM(**) GCF and RCF / Net Debt(*)

Net Debt(*) / LTM Recurring EBITDA

3.75x
3,51
3,29

3,11

3,34

3,26 3,26

20.4%

19.2%

3,47
3,32

17.9%
16.7%

3,07

12.5%

Covenant measurement dates

20.5%
19.0%
18.2%17.7%

17.1%

16.1%
14.4% 17.1%
13.3%
14.9%

14.2%
13.3%

13.2%

Dec-12Mar-13Jun-13Sep-13Dec-13Mar-14Jun-14Sep-14Dec-14

GCF / ND

RCF / ND

2014 figures prepared in compliance with IFRS 10-11-12 and IAS 28 and Q4 13 figures restated accordingly
(*) June 14 ratios calculated on 2,076M Pro-forma NFD after completion of P150 transactions
(**) GCF and RCF based on reported figures

Ratings
LT Rating

Outlook

Last Action

Moodys

Ba3

Positive

31/07/14 (Outlook raised)

S&Ps

BB+

Negative

29/05/13 (Outlook reduced)

Italcementi Group

Italcementi dividend
Share dividend
Year

(in Million Euro)

Euro

Ordinary

Italcementi Group

Total Dividends

Saving

2008

53.3

2009

33.4

2010

33.4

2011

40.4

2012

16.7

2013

16.7

2014*

31.1

* After operation on
share capital

Environmental protection
and Social Responsibility

Italcementi Group

Italcementi Group Environmental Policy

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.
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.
To achieve these objectives, the Group:
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.

Italcementi Group

Italcementi Energy Policy

Our 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 Policy

Safety has always been an issue of utmost importance within Italcementi Group.

Confirming this approach, the Group has recently approved its

Safety Policy under the motto: Safety: a way of living.
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.

Italcementi Group

Italcementi Human Rights Policy

Italcementi 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 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.

Collective bargaining agreements, including also sections related to

health and safety, cover almost 100% of employees in all Group
subsidiaries.

The Group applies the same approach towards employees,

contractors, subcontractors and suppliers.

Italcementi Group

Italcementi Health Policy

Italcementi 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 Policy

Italcementi 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 publicprivate 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

2014
Status

Gross CO2 emissions

640

692

Cement plants certified to ISO 50001 or equivalent

50%

16%

Cement plants and grinding centers certified to ISO

14001

100%

91%

Continuous monitoring according to Group standard

(dust, SO2, NOx, CO, VOC)

100%

96%

Kilns with emissions below Group standard levels

100%

93%

Alternative fuels, cement

10%

11%

Quarries with rehabilitation plans

100%

92%

Environmental protection

Italcementi Group

2015 Group Targets

2015
Target

2014
Status

Anti-corruption and Bribery Compliance Programme

100%

70%

Anti-trust Compliance Programme

100%

100%

Enterprise Risk and Compliance Programme

100%

100%

Training hours per employee / year

20

11

Number of Fatalities

<3

3.7

100%

78%

Group Vision

Social Responsibility

Lost Time Injuries Frequency Rate

Employees monitored according to Group standard for
occupational hygiene

Italcementi Group

2015 Group Targets

2015
Target

2014
Status

100%

100%

800

805

4-5%

6.6%

Responsible Production
Corporate suppliers screened also on social and
environmental performance
Customer satisfaction, average of absolute and relative
indexes
Innovation rate

Italcementi Group

Research & Innovation

Italcementi Group

i.active: photocatalytic solutions

i.active is a performance family comprising all the
products based on TX Active, the innovative
photocatalytic principle able to provide "smogeating" and "self-cleaning" performance to the
entire range of Italcementi Group products
An i.active surface area of 1,000 m2 is equivalent to

Italcementi has been the first industrial group to patent photocatalytic cementitious
materials and to offer an industrialized solution to the problem of urban
pollution
Italcementi Group

i.active BIODYNAMIC: cement for creativity

Biodynamic cement is the innovative solution developed by
Italcementi Group for the construction of Palazzo Italia, the
Italian Pavilion at Expo 2015.
i.design BIODYNAMIC is an innovative mortar with high
mechanical strength and fluidity, designed to create thin layer
architectonical elements.

Italcementi Group

i.light : the transparent cement

i.light is a totally new solution, capable not
only to transmit natural and artificial light,
but also to make human eyes able to see
images and objects placed behind the
partition element.
i.light was especially developed to
build the Italian Pavilion at the 2010
World Expo in Shanghai

Italcementi Group

i.tech CARGO: ultra-strong pavements

i.tech CARGO is an innovative self-percolating
cementitious grout ideal for making
semi-flexible pavements. Designed for heavy
duty
Less maintenance
More sustainability
Greater safety
Higher heat resistance

Asphalt
pavement
Italcementi Group

i.tech CARGO
pavement

i.design EFFIX: cement for creativity

i.design EFFIX is an innovative very
high-performance pre-mixed and
self-leveling mortar that combines the durability
typical of a cementitious material with
the workability of a plastic material.
i.design EFFIX gives a new perspective
to cement-based products, making it possible
to create true works of art.
Strength and durability
Workability of a plastic material
Perfect finish of a mineral material
Minimum thickness

Italcementi Group

i.idro DRAIN: the draining solution

i.idro DRAIN is an innovative concrete
formulation capable of draining water.

Thanks to a specially formulated mix,

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

Italcementi Group

i.Idro DRAIN
pavement

ALI range: high-tech green products

ALI 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

Italcementi Group

Edited by
Group Communication and Image Department
Italcementi Group