Cement News tagged under: Turkey
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... |
Baticim Cement joins WCA21 November 2018, Published under Cement NewsTurkey-based Baticim Cement has joined the World Cement Association as a corporate member. Baticim Cement is part of the Bati Anadolu Group. "With Baticim Cement, we welcome an important player in the Turkish cement industry to our membership. We look forward to working with them and our other members to promote the cement industry across the globe and tackle future challenges together," said Norman Greig, WCA secretary general. |
Vicat optimistic for future growth09 November 2018, Published under Cement NewsThis week Vicat announced its 9M18 results with a 7.6 per cent growth in sales, while weaker exchange rates impacted on revenues. Parts of Europe and the US market had a positive effect on results, but Vicat found devaluation of the Turkish lira and production issues in Egypt slowing its progress. Currency headwinds had a negative impact of EUR125m for the group at the end of September. Looking ahead, the group forecasts further growth in the USA and will also want to see market improvemen... |
Cimpor01 November 2018, Published under Cement NewsThe Camargo Correa subsidiary InterCement, formerly trading as Cimpor, has agreed to sell its Portuguese and Cape Verde assets to the Turkish group Oyak. Having previously considered selling a 49 per cent interest in all of its African and European activities, InterCement has now decided to sell the Portuguese and Cape Verde assets in their entirely. These consist of three integrated cement plants with a combined cement capacity of 9.1Mta, two grinding plants, 40 concrete batching plants ... |
Taiwan Cement to invest US$1.1bn in new joint venture30 October 2018, Published under Cement NewsTaiwan Cement announced it will spend US$1.1bn to create a joint venture with Turkey’s OYAK in The Netherlands, via a newly-created subsidiary, Dutch TCC Holdings. Taiwan Cement will hold 40 per cent of shares in the joint venture with OYAK holding 60 per cent. Through the JV, Taiwan Cement aims to increase its visibility in the European market at a time when the Chinese market is cooling. |
First ORC WHR plant for Turkey29 October 2018, Published under Cement NewsCimko Narli cement works, owned by Sanko Holding, has awarded the turnkey contract for a waste heat recovery-based power plant to CTP Team, Italy. The facility will use organic Rankine cycle technology, a first in Turkey. Waste gas from the cooler will drive a 7MW turbo generator and produce around 12 per cent of the cement plant's electricity requirement, with an annual efficiency of 7920h and generate 36mkWh per year. CTP Team Assistant General Manager, Acelya Arik, and Sales... |