Cement News tagged under: Turkey
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... |
Limak Çimento to receive Aumund equipment17 October 2018, Published under Cement NewsAumund has won a contract by Simona EE Overseas Development to deliver an order or material handling equipment for Limak Çimento Sanayi ve Ticaret, in Turkey. The order comprises three bucket elevators, five chain bucket elevators, seven pan conveyors and five drag chain conveyors. Dispatch is scheduled for the end of this year. The Aumund bucket elevators will have a conveying capacity of 500tph and the chain bucket elevators will transport materials more than 30m with capacities of 7... |
Global cement industry gathers at Cemtech Europe 201816 October 2018, Published under Cement NewsMore than 200 delegates of the global cement industry gathered for Cemtech Europe 2018, which is being held at the Conrad Istanbul Bosphorus, Turkey, from 14-17 October. International Cement Review's Managing Director, Thomas Armstrong, inaugurated the conference by noting the declining worldwide utilisation rate for cement capacity. Mr Armstrong observed how new technologies are expected to pave the way forward, with this particularly represented on the programme by successful process op... |
Taiwan Cement continues talks with Sanko Holding17 September 2018, Published under Cement NewsTaiwan Cement Corp (TCC) has announced that it and Sanko Holding AS has signed a memorandum of understanding and a confidentiality clause regarding the company’s intention to invest in the Turkish group. Talks about the strategic partnership are expected to continue until a definitive contract is signed. Taiwan Cement has previously noted its interest in the Turkish cement industry, which would be the company’s first move into the European market. |
Turkey's construction sector is in meltdown12 September 2018, Published under Cement NewsTurkey's construction sector is on the verge of a coma," says Tahir Tellioglu, chairman of the Buildings Contractors Confederation of Turkey (BCCT). This slowdown comes on top of a deepening currency crisis which has seen the Turkish lira lose 40 per cent of its value against the dollar this year. Many construction companies are selling products below cost and are struggling to pay foreign-currency debts. "70 per cent of all private construction work has stopped or slowed down," said Ta... |