Baticim Enerji signs loan agreement, Turkey
Turkish renewable energy producer Baticim Enerji Elektrik Uretim has signed a US$40m loan agreement with local lender Akbank, Baticim Enerji’s affiliate company Baticim Bati An...
Turkey
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Turkey: Afyon Cimento to relocate plant
Turkish cement producer Afyon Cimento Sanayi has decided to invest US$165m (EUR133m) to reloctate its cement plant from Afyonkarahisar in western Turkey. The company will reco...
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 plann...
Holcim Awards 2014 winners for Africa Middle East announced in Beirut
The 12 winning projects of the Holcim Awards 2014 Africa Middle East have been announced in Beirut, with a green building in Turkey, an urban forest rehabilitation in Lebanon, ...
Turkey: CRH and Eren Holdings plan sale of JV
CRH and its Turkish partner Eren Holdings have applied to Turkey's competition regulator to sell their joint venture, Denizli Cimento, to army pension fund OYAK Group, accordin...
Sabanci Holding eyes LafargeHolcim assets
Turkish conglomerate Sabanci Holding plans to bid for some of the assets Lafarge and Holcim must sell to receive approval from competition watchdogs ahead of its planned merger...
CRH to sell Turkish joint venture
CRH and its Turkish partner, Eren Holding AS, have hired JPMorgan Chase & Co to help sell their cement joint venture in Turkey, according to reports in the Irish Times. Source...
Turkish producers divest of power unit
Turkish cement producers Batisoke Soke Cimento Sanayii and Baticim Bati Anadolu Cimento Sanayii have sold their jointly-owned power unit Tezli Dere Elektrik Uretimi. Batisoke ...
A TEC awarded preheater optimisation contract at Turkish cement works
A TEC Production & Services GmbH has been awarded an engineering contract for the upgrade and efficiency optimisation of Çimentas Elazig’s preheater at its cement plant in Elaz...
Turkey: Cimsa acquires local cement producer
Sabanci group company Cimsa has acquired fellow Turkish producer Sancim Bilecik Cimento in a deal reportedly worth US$220.7m. The company signed the contract allowing it to pu...