Cement News tagged under: Afyon Cimento
Afyon Cimento increases turnover by 53% in 202124 February 2022, Published under Cement NewsÇimsa 's subsidiary Afyon Çimento increased its turnover in 2021 by 53 per cent compared to the previous year, from TRY270m (US$19.5m) to TRY413m. Net profits rose from TRY17m to TRY77m with an increase of 351 per cent. Çimsa General Manager, Umut Zenar, said, "Despite the changing world order as of 2020 and the economic conditions affected by this, we achieved successful fi nancial results in 2021. As Afyon Cement, we strengthen our in fl uence in the domestic market with our ex... |
Turkey: Afyon Cimento to relocate plant25 November 2014, Published under Cement NewsTurkish cement producer Afyon Cimento Sanayi has decided to invest US$165m (EUR133m) to reloctate its cement plant from Afyonkarahisar in western Turkey. The company will reconstruct the 0.55Mta cement plant at a new site in Halimoru village in the same district and will upgrade the plant with modern technology, the company said. |
Afyon Cimento sale expected in February – source31 January 2012, Published under Cement NewsThe sale of Turkish cement producer Afyon Cimento is expected to be completed in February and 3-4 binding offers have been received, a source close to the matter disclosed to Reuters. Ciments Francais, a unit of Italcementi, said last May it may sell its 51 per cent stake in Afyon Cimento either through a block sale to a strategic investor or a public offering. |
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