Turkish Unye Cimento Plans $27.5m investments for 2007
Turkish cement company Unye Cimento, part of Oyak Group, said it will allocate TRY39m ($27.5m) for investments in 2007.
The company targets to sell 1.35Mt cement and 180,000t clinker and export 350,000t cement and 100,000t clinker in 2007, generating a turnover of TRY210m ($148.4m), the company said in a statement to the Istanbul Stock Exchange on January 23, 2007.
Cement production this year is forecast to reach 1.7Mt and production of clinker is seen at 1.5Mt.
Published under Cement News
