Oyak’s Bolu puts more into cement

Oyak’s Bolu puts more into cement
Published: 01 January 2007

Bolu Cimento, part of the Turkish Oyak Group, plans to invest 6.1 mln lira (US$4.3m) in 2007, as production is forecast at 1.8Mt of cement and 1.475Mt clinker.

Bolu Cimento reported a net profit of 57.766 mln lira (US$40.6m) for January to September 2006, growing 91.7 pct from a year earlier, as sales improved 24.1 pct reaching 123.543 mln lira ($86.7m).