Cement News tagged under: Akcansa Cimento
Akçansa Çimento reports increase in revenue and profit21 February 2023, Published under Cement NewsTurkey’s Akçansa Çimento has announced revenue of TRY8.9bn (US$471.7m) in 2022, compared to TRY2.87bn in the previous year. Net profit over the same timeframe has risen from TRY303.6m to TRY1.52bn, according to Reuters. |
Akcansa Cimento appoints new general manager01 December 2022, Published under Cement NewsAkçansa Cimento , a joint venture between Sabancı Holding and Heidelberg Materials , has appointed Vecih Yılmaz as its new general manager. Mr Yılmaz replaces Mehmet Zeki Kanadikirik, effective from 1 December 2022. “As of today, we are experiencing a change of flag at Akçansa, which sets a model for its industry, inspires its stakeholders and puts the bright future of our country ahead of all its goals. Vecih Yılmaz, who has many years of experience in our group and has implemented ma... |
Akçansa certified at Gold level for responsible use of resource certification04 February 2022, Published under Cement NewsAkçansa Büyükçekmece Factory (HeidelbergCement) has been re-certified at the 'Gold' level and Akçansa Çanakkale plant has been certified at at the 'Gold' level for ‘Responsible Use of Resources Certification System’ by the Concrete Sustainability Council. Akçansa General Manager, M Zeki Kanadıkırık, said: "Responsible sourcing is a very important issue for our industry. As in our 2030 Sustainability Goals, we try to use alternative sources more. In line with our circular ... |
Sabanci reportedly considers the sale of three facilities20 July 2018, Published under Cement NewsTurkey’s Sabanci Holding is considering the sale of three of its cement factories, according to Reuters. The factories include Çimsa’s Kayseri (1.1Mta) and Nidge (0.81Mta) units, and Akçansa’s Ladik (1Mta) facility. Sabanci has reportedly authorised Unlu & Co, a financial group, for the deal. |
Turkey: Akcansa Çimento sees 1.8% rise in FY16 net profit17 February 2017, Published under Cement NewsAkcansa Çimento reported largely-stable revenues of TRY1.46m (U$398.1m) for 2016, when compared with TRY1.46bn in 2015. FY16 net profit increased to TRY286.4m in 2016, up 1.8 per cent YoY. in 2015, the company recorded a net profit of TRY281.1m. |
Sabanci Holdings on the cement acquisition trail, Turkey23 January 2013, Published under Cement NewsTurkish industrial group Sabanci Holdings is reportedly on the acquisition trail both at home and abroad as it seeks to double its capacity in five years. The group is currently active in the Turkish market through Akcansa (which is a joint venture with HeidelbergCement) and Cimsa with a combined domestic cement capacity of 13Mta. Speaking to Bloomberg, Mehmet Gocmen, head of Sabanci’s cement group said the company is planning growth through deals in Turkey and nearby countries as Turk... |
Akcansa and Cimsa seek acquisitions08 February 2012, Published under Cement NewsTwo of Turkey’s leading cement producers, Akcansa Cimento and Cimsa, plan two separate overseas acquisitions this year, Bloomberg reports. According to Mehmet Gocmen, Head of Haci Omer Sabanci Holding – which has a stake in both producers – said the companies are looking at purchases in Turkey’s geographical region. The targets could be base in central and southern Europe to the Caucasus and Middle East, he said. Mr Gocem noted that both Akcansa and Cimsa have sufficient equity to make the... |
Page
1
of
1
1