Akcansa: ’best-positioned company in Turkish’ market

Akcansa: ’best-positioned company in Turkish’ market
Published: 04 October 2011

Akcansa is the best-positioned company in Turkish cement market under current domestic demand conditions, according to reports from BNE. Its operational areas, the Black Sea, Aegean and Marmara regions, posted 16.1%, 15.8% and 7.1% growth respectively in the first half of 2011.

The company exported 100,000t to Russia in 2011, and this trend is expected to continue according to company officials.

Following the sharp increase in petcoke and coal prices, energy prices have been stable in the first half of 2011.

The company’s waste heat project at its Canakkale plant has commenced operation, which will save TRY 1m monthly. The company will save TRY 4-5m in 2011, according to company officials.