Nuh Cement and ABB complete retrofit of diesel haul truck to EV
ABB has completed the retrofit conversion of a Nuh Cement -owned diesel-fuelled Euclid R85B haul truck into a fully electric, zero-emission vehicle. The two companies worked t...
Turkey
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Cementir's 1Q24 regional market update
Cementir's results for the 1Q24 were overall in line with management's expectations despite the decline in revenues and EBITDA compared to the first quarter of the previous yea...
Turkey exports to Georgia up 7% in 1Q24
Turkey has increased its exports of cement products to Georgia by 6.8 per cent YoY to US$17m in the January-March 2024 period, according to the country’s Trade Ministry. Howeve...
Lebap Cement takes delivery of 25 dump trucks
Turkmenistan-based Turkmen Cement plant saw delivery of 25 SYZ320C-8Y dump trucks by SANY in March during the second phase of the 1Mta Lebap cement plant project in Koytend...
Sabanci's growth to be driven by digitalisation and sustainability
Turkish conglomerate, Sabanci, is accelerating investments across its business portfolio - including major investments into the cement division. This is comprised of CIMSA and ...
Rebuilding boosted Turkey cement in 2023 and expected to be key driver in 2024
Domestic cement sales in Turkey came in at 5.602Mt in December 2023, down 5.5 per cent MoM and 14.9 per cent YoY, according to Turkey’s cement manufacturers association, Türkçi...
Turkey's cement industry requires US$30bn to meet net-zero targets
Representatives for the sector are highlighting that the Turkish cement industry will need at least US$30bn in investments to reach the ambitious goal of net-zero carbon by 205...
Medcem’s global expansion
Turkey’s Medcem has invested in both its production facility and export capability with a view to expand its reach on a global scale. ICR chats to Mehmet Ali Ceylan, CEO, Medce...
Doğu Anadolu Cement starts trading on Borsa Istanbul
Having completed the public offering for Doğu Anadolu Cement, Turkey-based Limak Holding reports that the company will begin trading on Borsa Istanbul on 22 February 2024. ...
Medcem announces terminal partnerships in UK
Turkey’s Medcem has announced a partnership with Brett Concrete, one of the largest independent concrete companies in the UK, to establish a terminal at Sheerness Port in Ken...