Cement News tagged under: Turkey
Vicat can expect higher returns in USA and Brazil10 May 2019, Published under Cement NewsThis week Vicat announced its 1Q19 results with a positive turnover increase of 4.7 per cent to EUR600m. It is a good opportunity to take a closer look at this multinational and the strength of cement demand in some of the countries where it is operating. In France, where the company's headquarters are located, the market has been one of the key supports in Vicat's 8.1 per cent rise in turnover to EUR225m. The company cited favourable macroeconomic and industry conditions supported by high ... |
Cemex Ventures teams up with TEFKEN Ventures in construction27 March 2019, Published under Cement NewsCemex Ventures Corporate Capital Unit has signed a collaboration agreement with T EFKEN Ventures, a Turkish industrial conglomerate working in the construction, agriculture, manufacturing and real estate sectors. The businesses will develop synergies between them to innovate the construction industry. The two investment funds will work to invest in new technologies and innovative solutions to drive the revolution of the construction industry on a global basis. Agendas and events will be co... |
Cemex to sell white cement plant to Çimsa21 March 2019, Published under Cement NewsCemex has announced that it has reached a binding agreement with Çimsa Çimento to divest its white cement business, including its Buñol plant in Spain, for approximately US$180m. The final agreement is expected to be signed in April 2019, with the closure of the sale forecast for 2H19. The divestment does not include the company's white cement business in Mexico or the investment in USA-based Lehigh Cement. The deal is part of Cemex's ongoing restructure, with the potential proceeds to be m... |
TCMB analysis of Turkish cement sector11 March 2019, Published under Cement NewsThis week, Nihat Ozdemir, chairman of the Board of Directors of the Turkish Cement Manufacturers' Association (TCMB), spoke on the priorities of the Turkish cement sector as well as looking back on 2018 and sharing his expectations for 2019. Nihat Ozdemir noted that an increase in domestic sales took place in the Aegean region in 2018 and that exports improved significantly. "We have reached approximately 90Mta capacity within the 54 integrated plants operating throughout the coun... |
TCMB analysis of Turkish cement sector08 March 2019, Published under Cement NewsThis week, Nihat Ozdemir, chairman of the Board of Directors of the Turkish Cement Manufacturers' Association (TCMB), spoke on the priorities of the Turkish cement sector as well as looking back on 2018 and sharing his expectations for 2019. Nihat Ozdemir noted that an increase in domestic sales took place in the Aegean region in 2018 and that exports improved significantly. "We have reached approximately 90Mta capacity within the 54 integrated plants operating throughout the country as ... |
Sabanci Holding to invest TRY6bn in 201928 February 2019, Published under Cement NewsSabanci Holding, one of Turkey's largest conglomerates, has said it is planning a total of TRY6bn (US$1.13bn) of investments this year. "This figure excludes any acquisitions or mergers that may emerge within the year based on strategic developments," Sabanci said in a filing with Borsa Istanbul. "Rebalancing in the Turkish economy has begun. We are expecting long-term reforms after the [March 31 local] elections. We have taken our precautions. We will continue to produce and invest," said... |
Turkish cement output drops by 2% in 9M1806 February 2019, Published under Cement NewsIn the first nine months of 2018, cement production in Turkey decreased by 1.6 per cent compared to the previous year, reports The Turkish Cement Association (TÇMB). Again in the January-September period of 2018, approximately 10.1 per cent of the cement produced was exported. In the 9M18 there was a decrease of two per cent in domestic sales and a 3.9 per cent decrease in cement exports. Following the harsh winter conditions last year, temperatures in the first months of this year were u... |
The ‘magic’ of magnesium17 January 2019, Published under Cement NewsWhile petcoke is a less expensive fuel option, its use can lead to operational challenges for the cement plant, such as the formation of kiln rings and build-ups in the lower cyclones of the preheater. To optimise combustion and avoid these issues, Nuh Çimento has trialled a magnesium-based chemical additive that helps control the impact of high-sulphur fuels. By Seyda Arikan, Nuh Çimento, Turkey, and Jose Hernandez, EES Services, Mexico. Figure 1: vanadium oxide complexes and their ... |
TCMA responds to concerns over upcoming price hike03 January 2019, Published under Cement NewsThe Turkish Cement Manufacturers' Association (TCMA) has responded to concerns raised by the Construction Contractors Confederation (İMKON) regarding a price hike of 40 per cent on cement products. "Despite the cost increases, our sector will not boost prices as high as 40 percent, just to stay within the scope of the overall anti-inflation program," said Nihat Özdemir, chair of Limak Holding and president of the TCMA. Regarding the alleged 40 per cent price hike, İMKON had stated that c... |
Cemtech Europe 201810 December 2018, Published under Cement NewsCemtech Europe 2018 was held at the Conrad Istanbul Bosphorus, Turkey, on 14-17 October. Over 200 delegates from the global cement industry gathered for the conference which celebrated the local industry of Turkey and the wider European region. Cemtech Europe 2018’s conference programme featured a range of international reports and manufacturing technology case studies International Cement Review’s Managing Editor, Thomas Armstrong, inaugurated Cemtech Europe 2018 by welcomin... |