Cement News tagged under: Bolu Cimento

RSS feed

Bolu Cimento reduces net loss in 1Q20

15 May 2020, Published under Cement News

Turkey’s Bolu Cimento Sanayii has considerably reduced its non-consolidated net loss to TRY11.04m (US$1.58m) in the first quarter of 2020, compared with a TRY21.19m loss in the 1Q20. Total revenue increased 43 per cent YoY to TRY104.1m in the January-March period, while the cost of sales surged 44.9 per cent to TRY99.14m from TRY68.4m.

Mixed bag for Turkish cement producers in 2016

07 February 2017, Published under Cement News

Several cement producers in Turkey have released their results for 2016, showing a mixed performance in the year. Unye Cimento saw its net profit rise from TRY48.3m (US$13m) in FY15 to TRY58.3m in FY16. The company reported a rise in revenue from TRY222.3m to TRY250.7m over the same period. Meanwhile, other Turkish cement producers have seen profits fall. Bolu Cimento’s net profit slipped to TRY106.4m in FY16 from TRY106.7m in FY15 while the company’s revenue was up to TRY452.4m from...

Mixed 3Q16 results for Turkey's cement producers

01 November 2016, Published under Cement News

Turkish cement manufacturers Mardin Cimento, Adana Cimento, Unye Cimento, Bolu Cimento and Aslan Cimento have reported their third-quarter results for the July-September 2016 period. Mardin and Adana registered a decline in net profit while Unye, Bolu and Aslan witnessed an increase. Mardin Cimento's net profit for 3Q landed at TRY8.8m (US$2.8m) compared to TRY13.8m last year. Revenue for the period was reported at TRY36.8m versus TRY37.8m in the same period last year. Adana Cimento's ...

Oyak Cement Group nine-month net profit surges

04 November 2014, Published under Cement News

Oyak Cement Group said its net profit rose by 84 per cent YoY to TRL335.6m (US$150.1m) in the first nine months of 2014. The group, which includes listed companies Adana Cimento, Mardin Cimento, Bolu Cimento, Unye Cimento and Aslan Cimento, said in a statement on Friday that its operating profit increased 37 per cent to TRL338.5m through September and revenue rose 18 per cent to TRL1.1bn. Adana Cimento contributed TRL331.6m to the group revenue in the nine months under review, registe...

Turkey: follow-up Bolu Cimento order for Gebr Pfeiffer

13 June 2014, Published under Cement News

During its 150th anniversary celebrations Gebr Pfeiffer SE received another order from Bolu Cimento Sanayii AS, Turkey. In addition to the three MPS mills ordered in December 2013 for Ankara-Kazan works, the new order will see Gebr Pfeiffer supply a further MPS 4500 BC mill for the grinding of granulated blast-furnace slag which will be set up at Bolu works. The mill will be identical to the cement mill that is being installed in Kazan. Featuring a 3300kW drive power, the mill is designed t...

KHD wins new Turkish order, Maras performance update

09 April 2014, Published under Cement News

KHD has received order for a new 3500tpd clinker production line at Bolu Cimento’s Kazan plant. Meanwhile, the German equipment specialists have also successfully completed a recent performance test for KCS Kahramanmaras Cimento’s Maras Kiln Line II. Bolu Cimento contract The Oyak Group has awarded KHD the order for a new 3500tpd clinker line at the Bolu Cimento’s Kazan plant, located near Ankara, Turkey. The contract includes engineering, equipment supply, as well as advisory services fo...

Gebr Pfeiffer wins hat-trick of orders from Bolu Cimento, Turkey

18 December 2013, Published under Cement News

Bolu Cimento Sanayii AS, a member of the OYAK Group, has ordered three vertical roller mills from Gebr Pfeiffer SE for a new production line in Kazan, Ankara. The cement producer already operates a grinding plant at the site which it is now expanding into a fully integrated facility. The mills are scheduled to be delivered to the customer in the summer of 2014, boosting the number of Pfeiffer mills installed at cement plants owned by the OYAK Group to eight. An MPS 4500 B with a drive powe...

Oyak inks second cogeneration deal with Shanghai Triumph Energy Conservation Engineering

11 April 2013, Published under Cement News

Shanghai Triumph Energy Conservation Engineering Co, has inked a deal with Oyak Group, Turkey, for a cogeneration project for its Bolu Cimento subsidiary. The deal follows the Aslan Cimento cogeneration project signed by the two companies on March 1. The signing of the two projects not only marks the beginning of Shanghai Triumph-Oyak cooperation, but also boosts  China National Building Materials Group Corporation's efforts for further development in the Turkish market. Located in...