Cement News tagged under: Turkey

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Sancim Cement to build new plant in Adana, Turkey

23 July 2012, Published under Cement News

Sancim Cement is to build a new cement plant in Adana, southern  Turkey, according to daily Milliyet. The plant will be able to produce 1.7Mta of clinker and 2Mta cement and the investment period is expected to be around 20-22 months.

Brazil competition authority approves Camargo purchase of Cimpor

05 July 2012, Published under Cement News

Brazil’s competition authority CADE has approved Camargo Correa’s purchase of a controlling stake in Portuguese cement producer Cimpor, subject to several conditions. The main condition set by the regulator is that Votorantim, Camargo’s competitor on the Brazilian market, sells its stake in Cimpor. Votorantim and Camargo Correa both bought shares in Cimpor in 2010. Through their shareholdings in Cimpor, both Camargo Correa and Votorantim increased their share of Brazil's market. Cade als...

Loesche supplies Europe’s largest cement mill to Turkey

26 June 2012, Published under Cement News

Nuryol Cimento Sanayi ve Ticaret AS has chosen Loesche to supply mills for coal grinding, raw material and clinker grinding for the Turkish manufacturers new 4000tpd plant in Karasu, 150km east of Istanbul. Loesche’s scope of supply includeds one Loesche Mill Type LM46.4 to grind raw material at a rate of 330tph and a fineness of 12% R90 u and a Loesche Mill Type LM 28.2 D to grind coal. For cement grinding, Nuryol Cimento have selected a Loesche Mill Type LM63.3+3 including process filte...

Borcim receives positive response to EIA, Turkey

18 June 2012, Published under Cement News

The Environmental Impact Assessment (EIA) for a proposed cement plant by Borcim Cement Manufacturing and Trading has received approval by the Ministry of Environment and Urbanism. The new works, to be situated in the Emet district of Kutahya, will produce OPC, white and Boron Activated Belite (BAB) cement. The Directorate of Environment, Planning said in a written statement: '"Pursuant to the final EIA report, submitted to Ministry, 'Borçim Cement Factory' project 'environmental impact...

Polimeks plant construction underway, Turkmenistan

18 May 2012, Published under Cement News

The construction of Turkish company Polimeks new 1Mta cement plant in the Lebap region, Turkmenistan is underway, Neutral Turkmenistan reported. The main technological and additional equipment is being assembled on site and construction work on the social facilities has been completed. The railway line has been laid to the factory and a highway is being built. Most raw materials such as limestone, clay, gypsum and sand will be delivered to the plant from the local quarry.  

Turkish Competition board rules on cement cartel

27 April 2012, Published under Cement News

The Turkish Competition Board recently rendered its decision regarding 10 undertakings operating in the cement sector in the Eastern Anatolia, Southeastern Anatolia, Eastern Black Sea and Adana regions of Turkey. It was alleged that the undertakings had increased cement prices through an agreement. During its investigation, which began in December 2011, the board conducted on-site inspections (dawn raids) at the undertakings' premises. The board found one particular document of handw...

Sibirsky to pay out EUR4m on failed Set deal, Russia

15 March 2012, Published under Cement News

Sibirsky Cement has paid out over EUR4m to the London branch of Netherlands-based ING Bank NV regarding a failed deal between the Russian producer and Italcementi for Turkish assets, according to local press reports. In 2008, Sibirsky concluded an agreement with ING Bank to organize the purchase financing of the Italcementi Set Group of Turkey which is a subisidiary of Ciments Francais (which, in turn is a unit of Italcementi). The deal was not completed and the bank demanded compensation...

Turkish cement forecast to rise five per cent

07 March 2012, Published under Cement News

The Turkish Cement Manufacturers Association (TCMB) forecasts that consumption could rise five per cent in 2012. Mustafa Guclu of the TCMB said domestic sales could reach 58.5Mt compared to 55.7Mt last year. Members of the association produced nearly 52.2Mt of that volume. Domestic cement sales were said to have risen 11 per cent last year over the 50Mt recorded in 2010.

Italcementi exits Turkish cement market

16 February 2012, Published under Cement News

Ciments Français (part of the Italcementi Group) and its wholly-owned subsidiary Parcib, have signed a deal with Cimsa for the sale of 51 per cent of the capital of Afyon for TRY1,530,000. The overall value of the sale has been fixed at TRY57,530,000, a memo explains. Transfer of the shares to Cimsa and the payment for them will take place when the deal is completed, once the necessary authorisation has been obtained from the monopoly watchdog. The final price could then be subject ...

Akcansa and Cimsa seek acquisitions

08 February 2012, Published under Cement News

Two 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...