Turkish cement sales decline 41% in Jan-Apr 2019
Turkish cement sales in the local market declined 41 per cent YoY in the January-April 2019 period due to a weak housing market, the overall slowdown in the country’s economy a...
Turkey
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Baticim puts Batisoke stake of up to 75% for sale
Baticim, part of the Turkey-based Bati Anadolu Group, is looking to sell a stake of up to 75 per cent in Batisoke, according to a Reuters report citing a source close to the pr...
Can Titan expect a better 2019?
This week Titan Group announced its first-quarter 2019 results which saw a 12.5 per cent rise in turnover but also a EUR6.2m loss appearing on the company’s profit and loss a...
Titan reports 13% advance in 1Q turnover but EUR6.2m net loss
Greece-based Titan Group reported a 12.5 per cent rise YoY in consolidated turnover to EUR362.7m in the first quarter of 2019 ended 31 March 2019. The company attributed the hi...
Dal Engineering Group wins multiple orders
Dal Group has reported the signing of a number of new orders in the cement sector in Colombia, Russia, Egypt and Qatar. Dal Machinery & Design (Dal Engineering Group) has bee...
Aumund to supply nine machines for Aslan plant modernisation
Germany’s Aumund Fördertechnik GmbH has won an order from Aslan Cement Inc, comprising of nine machines in total. The order forms part of the complete modernisation of Aslan’s ...
Vicat can expect higher returns in USA and Brazil
This week Vicat announced its 1Q19 results with a positive turnover increase of 4.7 per cent to EUR600m. It is a good opportunity to take a closer look at this multinational an...
Cemex Ventures teams up with TEFKEN Ventures in construction
Cemex Ventures Corporate Capital Unit has signed a collaboration agreement with T EFKEN Ventures, a Turkish industrial conglomerate working in the construction, agriculture, m...
Cemex to sell white cement plant to Çimsa
Cemex has announced that it has reached a binding agreement with Çimsa Çimento to divest its white cement business, including its Buñol plant in Spain, for approximately US$180...
TCMB analysis of Turkish cement sector
This week, Nihat Ozdemir, chairman of the Board of Directors of the Turkish Cement Manufacturers' Association (TCMB), spoke on the priorities of the Turkish cement sector as...