Oyak Group eyeing Lafarge and Holcim assets
Oyak Group, Turkey’s largest cement producer, has US$2bn in cash for acquisitions and may spend some of it on assets Holcim and Lafarge are looking to shed ahead of their planne...
Oyak Cement
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Oyak Cement Group nine-month net profit surges
Oyak Cement Group said its net profit rose by 84 per cent YoY to TRL335.6m (US$150.1m) in the first nine months of 2014.
Turkish majors eye LafargeHolcim divestment opportunities
Turkish cement producer are keen on acquisition opportunities that may arise from the Lafarge and Holcim merger, according to reports by Reuters. Oyak, the largest cement produc...
Oyak eyes Europe, Africa acquisitions
Turkey-based Oyak is looking into acquisitions in the cement sector, with a specific focus on Europe, Africa and Great Britain, its cement group chairman Celalettin Caglar said ...
KHD wins new Turkish order, Maras performance update
KHD has received order for a new 3500tpd clinker production line at Bolu Cimento’s Kazan plant. Meanwhile, the German equipment specialists have also successfully completed a re...
OYAK Cement full-year operating profit rises 52%
Turkish producer OYAK Cement Group said on Monday its operating profit rose 52 per cent to TRL343m (EUR112m) in 2013. Consolidated sales rose 17 per cent to TRL1.3bn. EBITDA was...
Gebr Pfeiffer wins hat-trick of orders from Bolu Cimento, Turkey
Bolu Cimento Sanayii AS, a member of the OYAK Group, has ordered three vertical roller mills from Gebr Pfeiffer SE for a new production line in Kazan, Ankara. The cement produce...
Oyak inks second cogeneration deal with Shanghai Triumph Energy Conservation Engineering
Shanghai Triumph Energy Conservation Engineering Co, has inked a deal with Oyak Group, Turkey, for a cogeneration project for its Bolu Cimento subsidiary. Cimento
Oyak Cement to sell stake in Aslan Cemento, Turkey
Military-run business conglomerate Oyak Cement announced on Friday it had applied to the Central Registry Agency to sell an almost 10 per cent stake in subsidiary Aslan Cemento....