Turkish cement and clinker producer Unye Cimento registered a 11.2 per cent YoY rise in its 2004 cement production to 1.123Mt.
The company, which is 52.55 per cent owned by Turkish army pension fund Oyak, increased clinker production by 17.2 per cent to 1.32Mt. Unye Cimento cement sales rose 9.8 per cent to 1.119Mt and clinker sales surged 76 per cent to 522,936t. Its domestic sales climbed 6.8 per cent and exports jumped 125 per cent. Exports accounted for 25.4 per cent of the total turnover, up from 13.9 per cent.
Unye Cimento, which has a staff of 218, plans to produce 1.485Mt of clinker and 1.2Mt of cement in 2005. The company targets domestic sales of 50,000t of clinker and 900,000t of cement, and exports of 485,000t of clinker and 300,000t of cement for 2005.
Unye Cimento, which is located in Unye, northern Turkey, also plans to invest a total 4.542 mln lira (US$3.4m) in 2005.