INTRODUCTION Vassiliko Cement Works Public Company Ltd is the largest heavy industry company in Cyprus. It has been operational since 1967 and listed on the Cyprus Stock Exchange since 1996. Currently, the company operates four quarries to extract the raw materials for their production of clinker and cement, and in 2011 they completed a €180 million upgrade of their cement plant to make operations more efficient. These upgrades have resulted in Vassiliko Cement Works reducing their electricity and water consumption in their production by 70% and their thermal energy consumption by more than 30%. This has resulted in the company’s CO 2 emissions being reduced by an impressive 15%. THE CHALLENGE Sustainability and environmental protection are core to Vassiliko Cements Works’ o

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