DAL Teknik Makina orders second Pfeiffer mill for Uzbekistan
DAL Teknik Makina, headquartered in Istanbul, Turkey, has ordered a Gebr Pfeiffer MVR mill for a new project in the province of Surxondaryo in Uzbekistan. The mill to be suppl...
Turkey
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Votorantim sees cement revenues fall 10% YoY in 2016
Votorantim, formerly Votorantim Industrial, generated a turnover 8.7 per cent lower at BRL26,738m (EUR8046m) and EBITDA declined by some 38 per cent to around BRL4300m (EUR1,29...
Titan FY16 results bring net profits of EUR278.6m
Titan Group's 2016 financial results recorded a significant improvement in profitability, thanks to the continuing growth of the US market and the recovery of results in Egyp...
HeidelbergCement to suspend new investment in Turkey
HeidelbergCement is to suspend all new investment in Turkey due to the political uncertainty in the country, said Dr Bernd Scheifele, CEO of HeidelbergCement. He expressed co...
Turkey: Sabanci Holding announce investment funds
Turkish conglomerate Sabanci Holding has plans to make TRY4.5bn worth (US$1.25bn) of investments in 2017, the group's CEO said. The holding has plans to invest the funds in Tur...
Turkey: Akcansa Çimento sees 1.8% rise in FY16 net profit
Akcansa Çimento reported largely-stable revenues of TRY1.46m (U$398.1m) for 2016, when compared with TRY1.46bn in 2015. FY16 net profit increased to TRY286.4m in 2016, up 1.8...
Mixed bag for Turkish cement producers in 2016
Several cement producers in Turkey have released their results for 2016, showing a mixed performance in the year. Unye Cimento saw its net profit rise from TRY48.3m (US$13m...
Medcem Cameroon to officially open 16 Dec
Medcem Cameroon, owned by the Turkey-based Eren Holdings, will officially open its Douala plant on Friday, 16 December. With a production capacity of 0.6Mta, the cement plan...
Turkey: Aumund to supply Çimsa and Batisöke plants
Çimsa Cimento has now ordered about 60 Aumund machines for the plants in Eskisehir and Niğde. With five kiln lines in Mersin, Eskişehir, Kayseri, Niğde and Afyonkarahisar as we...
Mixed 3Q16 results for Turkey's cement producers
Turkish cement manufacturers Mardin Cimento, Adana Cimento, Unye Cimento, Bolu Cimento and Aslan Cimento have reported their third-quarter results for the July-September 2016 p...