Cement News tagged under: turkey
Turkish exports to Azerbaijan down 3% in 202316 January 2024, Published under Cement NewsTurkey’s cement exports to Azerbaijan declined by almost three per cent to US$50.9m in 2023, compared to the previous year, reports Azernews. According to Turkey’s Ministry of Trade, cement exports from Turkey to Azerbaijan advanced by 0.9 per cent to US$5.7m in December 2023, versus the same month in the previous year. Looking at 2023 as a whole, Turkey’s total cement exports were down 15.5 per cent YoY at US$4.6m, while December 2023 alone saw a 19.7 per cent decline YoY to US$353,00... |
Taiwan Cement completes share agreement for Denizli Çimento13 December 2023, Published under Cement NewsTaiwan Cement Corp has finalised its agreement with OYAK Çimento to acquire a further 20 per cent stake in Denizli Çimento ,Turkey. According to Reuters this will boost Taiwan Cement's share in the company to 60 per cent. The preliminiary Memorandum of Understanding (MoU) regarding the deal was signed in November this year. Reuters has assigned Denizli Çimento a total enterprise value of US$1.42bn. |
CTP Team selected to supply WHRS for Eskisehir cement plant12 December 2023, Published under Cement NewsEnerjisa Enerji and ÇIMSA ( Sabanci Group ) have selected CTP Team and CTN Group to implement a waste heat recovery system (WHRS) at the cement producer's Eskisehir plant in Turkey. Based on organic Rankine cycle technology, the turnkey solution features an AQC heat exchanger and a preheater heat exchanger, with a combined thermal power capacity of approximately 20,800kWt. The WHRS is designed to produce an estimated 40,000MWh of energy annually, covering 25 per cent of the Eskisehi... |
Taiwan Cement expands its European footprint29 November 2023, Published under Cement NewsTurkey's Army Pension Fund, OYAK , has reached a preliminary agreement to sell its stakes in two cement companies to Taiwan Cement Corp for a total of about EUR673m. OYAK is selling a 20 per cent stake in Oyak Denizli Cement of Turkey to Taiwan Cement, valuing the company at EUR1.3bn (US$1.42bn). Taiwan Cement estimates it will pay EUR193.4m for the stake, increasing its ownership to 60 per cent, a filing from the Taiwanese company confirmed. Taiwan Cement had purchased a 40 per cent s... |
Limak Cement introduces printable mortar series for 3D concrete printers11 October 2023, Published under Cement NewsTurkey-based Limak Cement has introduced LimakCement 3DC-101, the first, lower-carbon product of its innovative printable mortar series suitable for 3D concrete printers at Cemtech Europe 2023 – Decarbonising the cement industry , the conference organised by International Cement Review and supported by TÜRKCIMENTO currently taking place in Istanbul, Turkey. Limak Cement has successfully designed LimakCement 3DC-101, which is a unique and environmentally friendly mortar mixture suitable ... |
Cemtech Europe opens in Istanbul: Turkey prepares to launch domestic ETS10 October 2023, Published under Cement NewsCemtech Europe 2023 , the leading cement industry conference in Europe organised by International Cement Review , has opened in Istanbul, welcoming over 300 delegates from 40 countries. Welcoming delegates to the conference, Volkan Bozay, CEO of the Turkish Cement Manufacturers Association, TÜRKÇİMENTO, highlighted the strengths of the domestic industry, which now includes 120Mta of clinker capacity and is ranked as the fifth-largest industry worldwide. Mr Bozay acknowledged the earthq... |
Limak Cement launches Triple Transformation Project at Cemtech Europe 202310 October 2023, Published under Cement NewsTurkish cement producer Limak Cement has launched its Triple Transformation Project (TTP) at Cemtech Europe 2023 – Decarbonising the cement industry , the conference organised by International Cement Review and supported by TÜRKCIMENTO. The company’s most important project to achieve net zero emission, the TTP is supported by the twin transition approach leveraged by the Federal Centre of Excellence (LCoEdx) and Green Data Center Projects in the global cement industry. Limak Cement... |
CIMSA and Sabanci to build 0.6Mta US grinding plant21 September 2023, Published under Cement NewsOne of Turkey's largest conglomerates Sabancı Holding and Turkish cement manufacturer Çimsa have agreed to establish a grey cement grinding plant in the USA with an investment of US$82m (TRY2.2bn). The facility, with an average grinding capacity of 600,000tpa, will be operational by the end of the 4Q25 and will be fully financed with equity. Çimsa, with its subsidiary operating in the US, will enter the US grey cement market, in addition to the white cement market. The company current... |
Foundations for the future19 September 2023, Published under Cement NewsWhile cement demand declined in Turkey in 2022, the country’s cement producers expect to supply the domestic market with significant volumes in 2023 as Turkey rebuilds after the devastating earthquake of early 2023. The industry itself continues to improve its carbon emissions through the use of alternative energy sources. By TÜRKÇIMENTO, Turkey As Turkey rebuilds its housing after the recent earthquakes, its cement industry builds the systems for more sustainable production (© Med... |
Turkey’s low-carbon contributions12 September 2023, Published under Cement NewsThe past few years have seen changing trends in the Turkish cement sector. As the country looks to the road ahead, Volkan Bozay, CEO of Turkish cement manufacturers association TürkÇimento, discusses the cement industry’s role in earthquake reconstruction efforts, and its contribution to low-carbon production and policies. ICR: Please can you provide a high-level overview of the Turkish cement sector in terms of the number of players, domestic capacity, consumption and production tren... |