Cement News tagged under: Turkey
Oyak releases its 2021 Integrated Report15 June 2022, Published under Cement NewsOYAK Cement has published its 2021 Integrated Report in which it announces its plans to be a "game-changer" in the cement industry by focussing on sustainability and digitalisation. The company will continue its activities in terms of improving its energy efficiency and pursue a sustainability strategy that will contribute to achieving Turkey's 2050 net zero target. Its OYAK Cement 4.0 Project, which was developed mainly in-house, includes many firsts for Turkey as well as the global ce... |
Çimsa Cement invests US$45m in CAC facility04 May 2022, Published under Cement NewsTurkey’s Çimsa Cement is investing US$45m expanding the capacity of its calcium aluminate cement (CAC) facility at its Mersin plant , according to Yatırımlar Magazine. The move is reportedly in line with the company’s growth targets as it plans to expand its product range to add value. The project is due to start in the 2Q22 and be completed in the 3Q23. |
Muğla plant permit to be challenged on environmental issues29 April 2022, Published under Cement NewsThe building of an integrated cement plant along the border of the Menteşe and Yatağan districts of Muğla, a southwest province of Turkey, is being challenged by the Turkish Thoracic Society. The integrated cement plant and raw material quarries will be located at Muğla Bayır, Deştin. It is understood to be the Kentçim Group 4250tpd project that ICR reported on in September 2021 . According to the Turkish Thoracic Society report, a cement plant, 13 limestone and clay quarries... |
SAMSON Materials Handling wins Turkish shiploader order29 April 2022, Published under Cement NewsSAMSON Materials Handling has won an order for its narrow quay mobile shiploader systems to be installed in Turkey . The fully mobile chassis of the SAMSON mobile shiploader allows it to be operated anywhere in the port. The shiploader, designed to handle cement clinker material, will discharge direct to vessels typically up to 64,000dwt. The proposed system will include one narrow quay SAMSON mobile shiploader, which will be fed by two Samson mobile link conveyors which in t... |
Votorantim Cimentos' regional results in 2021 reach almost record levels04 April 2022, Published under Cement NewsVotorantim Cimentos reported close to record growth in all regions for its performance in 2021 with total cement sales of 37.2Mt across all regions. “Our business strategy and recent acquisitions, combined with our resilience and operational excellence led us to achieve sales growth in all regions and to close the year with record results,” said Marcelo Castelli, global CEO of Votorantim Cimentos. In Brazil Votorantim Cimentos had net revenue of BRL10.3bn (US$2.1bn) in 2021, a ... |
Votorantim Cimentos reports net profits of BRL1.6bn in 202101 April 2022, Published under Cement NewsVotorantim Cimentos ended 2021 with net profit of BRL1.6bn (US$337m), an increase of 244 per cent compared to 2020, primarily due to better operating results with growth in sales in all regions where the company operates and gains related to the consolidation of acquisitions made in North America and Spain. Global net revenue was BRL22.3bn, an increase of 33 per cent compared to 2020, as a result of the combination of favourable pricing dynamics, especially in Brazil and North America, ... |
Türkçimento starts to see impact of Russian-Ukrainian war following a challenging year25 March 2022, Published under Cement NewsFatih Yücelik, chairman of the Board of Directors of Türkçimento , expressed that the Turkish cement sector has started to observe the impacts of the Russia-Ukraine crisis very heavily and fast. Mr Yücelik said, “The meeting we held with Mehmet Muş, Minister of Commerce, last week on the Russian-Ukrainian crisis took place in a very productive and constructive atmosphere. Even if this crisis keeps on in the forthcoming period, the solution-oriented approach of the Minister, the in... |
Titan Cement records revenue growth of EUR1714.6m in 202118 March 2022, Published under Cement NewsTitan Cement Group generated record revenues of EUR1714.6m, up 6.7 per cent from 2020, reflecting higher demand and a supportive pricing environment. EBITDA declined by 4.6 per cent to EUR272.4m. Net profit after taxes and minorities (NPAT) climbed to EUR89.6m (EUR1.1m in 2020 and EUR50.9m in 2019). Thanks to a successful refinancing strategy the group lowered significantly its finance costs for a third consecutive year to EUR33.6m (EUR19m lower than 2020 and EUR30m lower than 2019). ... |
Cementir records strong regional results in 202111 March 2022, Published under Cement NewsCementir 's regional markets results for 2021 produced increasing revenues in all markets. The highest revenues outside of Italy were recorded in Belgium and France. Norway and Sweden In 2021 sales revenues in Norway and Sweden amounted to EUR193.6m (EUR176.4m in 2020) while EBITDA recorded 22 per cent growth to EUR 21.2m (EUR 17.4m in 2020). In Norway ready-mixed concrete sales volumes increased by around four per cent compared to the previous year with a more favourable trend i... |
Medcem Cement to install its second WHR plant11 March 2022, Published under Cement NewsMedcem Cement has a nnounced that it will produce 22 per cent of the electricity it needs, as it expects to commission its second waste heat recovery (WHR) system soon. Medcem Cement ( Eren Holding Group ) currently provides enough green energy to supply 25,000 houses without consuming any resources. It recovers gas emissions with a temperature of ~350˚C to generate electricity from steam. Thanks to the process, the company also prevented 31,000t of CO 2 emissions to the enviro... |