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Heracles General Cement

Field	Value
name	Heracles General Cement Corporation
native_name	Heracles General Cement Corporation
native_name_lang
industry	Building materials
foundation
defunct
location_city	Athens
location_country	Greece
area_served	Greece
key_people	Takis Athanasopoulos (Chairman)
Dimitris Chanis (CEO)
revenue	€212.66 million (2017)
net_income	€(11.94) million (2017)
assets	€507.81 million (2017)
equity	€272.10 million (2017)
owner	LafargeHolcim (100%)
num_employees	511 (2018)
homepage

Dimitris Chanis (CEO)

Heracles General Cement Corporation () (Α.Γ.Ε.Τ ΗΡΑΚΛΗΣ) is a Greece-based cement, concrete and aggregates company which operates a large number of plants and facilities throughout Greece and Switzerland.

Structure

HERACLES General Cement Company S.A. is a subsidiary of LafargeHolcim. As of September 2018, it employs 511.

Location

The company is headquartered in Athens, Greece.

Facilities

Heracles operates three cement production plants, one of which, located in Volos, is the largest cement plant in Europe. It also operates six distribution centers around Greece.

Products and services

Heracles offers steel frame and mechanical maintenance services, as well as sea transportation and ship management services. Its main products include different grades of cement, bagged or in bulk, aggregates, and concrete, for construction or for other purposes. It also sells intermediate cement production materials, such as clinker.

Carbon capture

Announced in 2022, the Olympus carbon capture and storage (CCS) project aims to make its Milaki cement plant in Evia a net-zero carbon facility. The project, funded by the EU Innovation Fund with an investment of over €300 million, utilizes carbon capture and storage (CCS) technologies.

In January 2025, Heracles signed a Front-End Engineering Design (FEED) with Air Liquide to advance the Olympus carbon capture and storage (CCS) project at its Milaki plant in Greece. Air Liquide will provide integrated systems for CO2 capture, oxygen enrichment, and cryogenic separation. The captured CO2 will be liquefied and transported by sea to the offshore sequestration facility at Prinos in the Aegean Sea.

References

"8.10.2018 - Ετήσια Οικονομική Έκθεση Της Χρήσεως Που Έληξε Την 31η Δεκεμβρίου 2017 Της Εταιρίας Α.Γ.Ε.Τ. ΗΡΑΚΛΗΣ".
"8.10.2018 - Ετήσια Οικονομική Έκθεση Της Χρήσεως Που Έληξε Την 31η Δεκεμβρίου 2017 Της Εταιρίας Α.Γ.Ε.Τ. ΗΡΑΚΛΗΣ".
"8.10.2018 - Ετήσια Οικονομική Έκθεση Της Χρήσεως Που Έληξε Την 31η Δεκεμβρίου 2017 Της Εταιρίας Α.Γ.Ε.Τ. ΗΡΑΚΛΗΣ".
"8.10.2018 - Ετήσια Οικονομική Έκθεση Της Χρήσεως Που Έληξε Την 31η Δεκεμβρίου 2017 Της Εταιρίας Α.Γ.Ε.Τ. ΗΡΑΚΛΗΣ".
"Heracles General Cement Company company : Shareholders, managers and business summary".
"ΓΕΜΗ :: Υπηρεσίες Δημοσιότητας".
(2017-11-23). "Οι Άνθρωποι μας". Όμιλος ΗΡΑΚΛΗΣ, τσιμέντο, σκυρόδεμα και αδρανή.
(2017-11-27). "Εγκαταστάσεις". Όμιλος ΗΡΑΚΛΗΣ, τσιμέντο, σκυρόδεμα και αδρανή.
"Innovation Fund projects - European Commission".
Stankova, Theodora. (2025-01-04). "HERACLES And Air Liquide Partner For Olympus Carbon Capture Project In Greece".

Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

cement-companies-of-greece greek-brands manufacturing-companies-based-in-athens greek-subsidiaries-of-foreign-companies

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