TCMB elects new chairman
Mehmet Göçmen has been elected chairman of the Turkish Cement Manufacturers Association (TÇMB) by board members at the 56th General Assembly meeting last month. Mr Göçmen is cu...
Turkey
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Cimsa full-year net profit surges
Turkey-based Cimsa said its consolidated net profit surged 162 per cent to TRL302.3m (EUR99.6m) in 2013. Cimsa’s income from investment activities soared to TRL145.7m in 2013...
Limak plans two new Turkish plants
Turkish cement producer Limak Group plans to construct two new plants as part of its ongoing expansion plans, with investments amounting to EUR117.5m. The company is also plann...
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 ...
Cementir offsets a weaker Italy by better markets elsewhere
Cementir Holding's turnover improved by 1.3 per cent to EUR988.6m, while at constant currencies the increase would have been 5.6 per cent. EBITDA improved by 22.9 per cent to ...
Cimko to receive IFC loan, euro syndicated loan
The IFC is to provide a long-term financing package to Turkish cement producer Cimko to back investments in the ready-mix concrete segment and energy efficiency, the internat...
Unye Cimento to open Romanian branch
Turkish cement producer Unye Cimento Sanayi ve Ticaret is to open a branch for the import, export and sale of bulk and bagged cement in Romania’s Black Sea town of Mangalia...
Energy savings for Çimko Cement
Mobil SHC™Gear has helped Turkish cement producer Çimko Cement reduce energy consumption with its Mobil SHC Gear 320, therefore improving energy efficiency at the company's Nar...
Nuh Cimento subsidiary sells stake in electricity producer, Turkey
Nuh Cimento announced that its Nuh Enerji Elektrik energy subsidiary has agreed to sell its 100 per cent stake in electricity producer Pamuk Elektrik to Haldiz Insaat Otomotiv,...
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 produc...