Titan Group announces divestment of Adocim Cimento Beton shares
Titan Cement International SA has announced a definitive agreement to divest its 75 per cent share in Adocim Cimento Beton Sanayi ve Ticaret AS , comprising cement assets loca...
Turkey
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Cimsa secures US$70m green loan from IFC for sustainability initiatives
Türkiye-based cement manufacturer Cimsa , a unit of Sabanci Holding , has secured a US$70m green loan from the International Finance Corporation (IFC), a member of the World...
Limak Cement successfully completes hydrogen tests
Limak Cement, and Air Liquide have successfully tested the first hydrogen-blended fuel supply at Limak Cement plant in Ankara. After these extremely promising trials, Limak C...
Çimsa’s focus on sustainability and innovation
This month, ICR speaks with Umut Zenar, CEO at Çimsa, one of the key players in the Turkish cement industry, about the company’s implementation of its decarbonisation plans and...
Sonmez Cement to add second production line
Sonmez Cement has announced an expansion at its Adana Ceyhan plant in Adana Yumurtalik Free Zone, Turkey. The modernisation will see clinker production rise at the facility...
Cimsa buys into UK and Irish building material markets
This week, Cimsa (Sabanci Group) has made an agreement to acquire Mannok in Ireland in a EUR330m deal. With this acquisition, the Turkiye-based cement producer will increase it...
Sintek’s sustainability and innovation synergy
ICR speaks with Sintek Group Founder Partner, Onur Atakay, about the group’s European ambitions and its expansion in North America, as well as its commitment to produce solutio...
Limak Cement trials hydrogen fuel calciner tests
For the first time in Turkey, Limak Cement has successfully conducted the hydrogen-blended 50 per cent carbon-neutral fuel test at its Limak Anka cement plant with Air Liquid...
EBRD finances Çimsa's decarbonisation programme
The European Bank for Reconstruction and Development (EBRD) is providing a EUR25m loan to Turkey’s Çimsa to finance the cement company’s decarbonisation investment programm...
Taiwan Cement to operate as TCC Group Holdings
Taiwan Cement Corporation (TCC) held its shareholders' meeting on 21 May 2024 officially announcing the transformation of the 78-year-old company into a group holding company...