Cement News tagged under: Turkey
Turkish cement exports to Germany rose 4.2% in the 1H2018 August 2020, Published under Cement NewsThe export of cement from Turkey to Germany increased 4.2 per cent from January-July 2020 compared to the same period of 2019, exceeding US$140.4m, reported the Turkish Ministry of Trade. Turkey exported US$22.7m of cement to Germany in July 2020, up 8.4 per cent on the year-ago period. The country's export of cement to world markets in January-July 2020 increased by 0.9 per cent compared to the same period in 2019, amounting to more than US$2.06bn. "In July 2020, Turkey's export of cemen... |
Vicat's 1H20 results see consolidated sales of EUR1.3bn31 July 2020, Published under Cement NewsVicat has announced 1H20 results with consolidated sales of EUR1.304bn, down 2.7 per cent from EUR1.340bn in 1H19. EBITDA reached EUR213m, representing a decline of 6.7 per cent on EUR228m earned in 1H19. The EBITDA margin stood at 16.3 per cent in the 1H20 compared with 17 per cent in 1H19. First-half operational sales of the cement business rose 0.9 per cent on a reported basis, and 1.9 per cent at constant scope and exchange rates. The concrete and aggregates business recorded a... |
Taiwan Cement and Oyak fined for JV notification failure22 July 2020, Published under Cement NewsChina's State Administration for Market Regulation (SAMR) has fined Taiwan Cement and Ordu Yardimlasma Kurumo (Oyak) for failure to notify the establishment of their joint venture, Dutch Oyak TCC Holdings BV, in 2018. SAMR considered the transaction to be notifiable in China, as Taiwan Cement and Oyak both had control over the joint venture and it met the turnover threshold, reports Lexology. Oyak transferred its existing Turkish cement business and assets to the joint venture in exchange f... |
Will Turkish cement exports come under pressure?17 July 2020, Published under Cement NewsAs the second-largest cement exporter after Vietnam, Turkey's cement industry has for many years exported its surplus around the world. However, analysts anticipate Turkish trade to contract due to COVID-19 as the pandemic affects trans-Atlantic exports to the US, as well as other countries where anti-dumping measures increase in response to local surpluses - most recently Georgia . However, this week's news indicates that Turkish cement exporters have found ways to boost their sales, at le... |
Turkish cement exports to France rise by 9% in 1H2014 July 2020, Published under Cement NewsIn June 2020 the export of Turkish cement to France increased by 65.6 per cent YoY, representing a value of US$12.9m, according to the Turkish Ministry of Trade. Total cement exports from Turkey in June advanced 37.4 per cent to US$343.1m when compared with June 2019. January-June 2020 In January-June 2020 Turkish cement exports to France increased 8.9 per cent YoY to US$61.6m, reported Trend News Agency. |
Jan-May exports from Turkey up 37%16 June 2020, Published under Cement NewsIn the January-May 2020 cement and clinker exports from Turkey surged 37 per cent to 9.8Mt, according to the Turkish Cement Manufacturers’ Association (TÇMB). Export revenues advanced by 16.7 per cent YoY to US$447m. Cement exports were up to 4.8Mt while clinker exports rose to 5Mt. While volume increases were across the board, exports to Ukraine showed particularly robust growth, followed by Togo and Romania. The rise in exports surpasses expectations and TÇMB President, Tamer Saka, said... |
Turkish cement exports to Georgia fall by 53% in April08 June 2020, Published under Cement NewsCement exports from Turkey to Georgia fell by 8.2 per cent between January-April 2020, compared to the same period of 2019, amounting to US$12.8m. In April 2020, cement exports to Georgia fell 52.9 per cent YoY to US$1.5m. Turkey's export of cement to international markets was stable at US$1.1bn in the first four months of 2020, equal to the same period of 2019. The country's cement exports amounted to 2.2 per cent of its total exports over the reporting period. The export of cement to int... |
Georgian producers seek support to stop cement dumping19 May 2020, Published under Cement NewsGeorgian cement producers have called for government support regarding the influx of cement imports into the country. The country’s producers stated that Turkey is a significant contributor of imports, since it produces a large amount of building materials that are not domestically needed in such quantities. The state therefore gives its producers the opportunity to sell exports below market value, with Turkish cement in the Georgian market reportedly 30-40 per cent cheaper than market va... |
Bolu Cimento reduces net loss in 1Q2015 May 2020, Published under Cement NewsTurkey’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. |
Dal Machinery & Design deliver three kiln shells to Twiga Cement06 May 2020, Published under Cement NewsDal Machinery & Design (Dal Engineering Group) has delivered three rotary kiln shells for Tanzania Portland Cement Public Ltd (Twiga), Tanzania. The kiln shells were manufactured with a diameter of 3.95m and were delivered to the HeidelbergCement subsidiary on 23 April 2020. Lorries take the kiln parts on the first part of their journey One of the kiln shell sections leaves Dal Machinery & Design, headed for Tanzania |