Cement News tagged under: Limak
Doğu Anadolu Cement starts trading on Borsa Istanbul21 February 2024, Published under Cement NewsHaving completed the public offering for Doğu Anadolu Cement, Turkey-based Limak Holding reports that the company will begin trading on Borsa Istanbul on 22 February 2024. Approximately 3.3m investors applied to own the shares in the initial public offering (IPO) of Limak Doğu Anadolu Cement, which took place between 14-16 February. With the intense interest shown, demand reached 4.4 times the offering. The IPO was expected to raise more than TRY2.5bn (US$80.87m). Founded in 1986, th... |
African cement escapes the pandemic; structural issues remain05 June 2020, Published under Cement NewsCemtech's latest webinar discussed Africa's cement sector and the impact of COVID-19 on the continent. Tony Hadley of consultancy THAA, and Erkam Kocakerim, CEO of Limak Afrika SA, covered several areas of concern from the impact of the COVID-19 pandemic on economies and cement demand to overcapacity and competition issues, while also providing a long-term outlook for the continent. Thomas Armstrong, Managing Editor of International Cement Review, opened the webinar with an overview of the ... |
Limak embarks on Mozambique plant project07 October 2015, Published under Cement NewsLimak Holding has laid the foundation stone for a grinding and packing plant in Maputo, Mozambique, a move that forms part of the Turkish company's vision to become a global cement player. The new facility is scheduled to come into operation in the first quarter of 2016. The company is also set to lay the foundations for a grinding plant in Cote d'Ivoire next month, according to local press reports. Speaking to International Cement Review in a recent interview , Gültekin Aksüyek, CEO and ... |
Limak Holdings eyes Mozambique entry25 June 2015, Published under Cement NewsTurkish conglomerate Limak Holding says it will invest US$150m in a 2Mta cement factory in Mozambique. Limak chairperson, Nihat Ozdemir, said his firm would create least 500 jobs during the first phase of the factory to be built in the Maputo port area. Limak has major interests in construction, cement, electricity and tourism in Turkey, Egypt, Pakistan, Saudi Arabia, Albania and Macedonia. |
Limak plans two new Turkish plants06 March 2014, Published under Cement NewsTurkish cement producer Limak Group plans to construct two new plants as part of its ongoing expansion plans, with investments amounting to EUR117.5m. The company is also planning investments further afield with two projects earmarked in Africa. Gideon Aksüyek, CEO of Limak Cement Group, told local press that a 5000tpd plant will be constructed in Ankara, while another 5000tpd cement will be built in the south-central city of Kilis, 12km from the Syrian border. The two factories are schedu... |
Limak Group places order for seven Gebr Pfeiffer VRMs19 July 2013, Published under Cement NewsThe Limak Cement Group of Turkey has ordered seven mills, three raw mills, three cement mills and one coal mill, from Gebr Pfeiffer SE to upgrade its Pinarhisar, Ankara und Balikesir works in Turkey. The seven new vertical roller mills are intended to replace existing ball mills. At the Pinarhisar works an MPS 4000 B vertical roller mill will be used for grinding 250tph of cement raw material to a product fineness of <12 per cent R on 90µm at an installed power of 2000kW. Due to the high mo... |
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