Cement News tagged under: Southwestern Asia

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Cimsa secures US$70m green loan from IFC for sustainability initiatives

18 November 2024, Published under Cement News

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 Bank Group. The loan, announced on 4 November, has a five-year maturity, including a two-year grace period for principal repayments. This marks Cimsa’s first green loan, highlighting its commitment to sustainable financing. The funds will be allocated towards renewable energy projects, alternative fuel adoption, a...

Çimsa’s focus on sustainability and innovation

29 October 2024, Published under Cement News

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 its transformation from a local cement company into a global building materials leader. By ICR Research, UK Çimsa CEO, Umut Zenar, looks back on the company’s achievements and outlines its plans going forward (© Cimsa) ICR: What are Çimsa’s current cement plants, their capacities and geographic...

Sintek’s sustainability and innovation synergy

08 July 2024, Published under Cement News

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 solutions for cement producers to achieve their low-carbon intentions by developing sustainable logistics solutions and tap into the circular economy. By ICR Research, UK. ICR Research speaks with Onur Atakay, founder partner of the Sintek Group, Turkey (© Sintek Group) ICR: After the earthquake devastation o...