Cement News tagged under: Baticim
Turkey: rebalancing for growth09 October 2019, Published under Cement NewsFollowing the recent decline in Turkey’s economic growth the domestic cement industry set about to improve its production efficiency and foster sustainable development in a sector that continues to expand as it looks forward to sustained cement demand at home and in its export markets. By Dr Tamer Saka, Turkish Cement Manufacturers’ Association, Turkey. Exports are key in supporting capacity utilisation rates in the Turkish cement industry with shipments as far afield as the USA an... |
Baticim puts Batisoke stake of up to 75% for sale14 June 2019, Published under Cement NewsBaticim, part of the Turkey-based Bati Anadolu Group, is looking to sell a stake of up to 75 per cent in Batisoke, according to a Reuters report citing a source close to the process. Unlu & Co financial services group has been appointed to handle the sale, for which interested parties should complete due diligence for binding and non-binding offers in July to September. Batisoke is reportedly forecast to make EBITDA of US$14m in the FY19-20. In the first quarter, the company posted a net... |
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