Cement News tagged under: Turkey
Aunde orders four Loesche mills18 August 2017, Published under Cement NewsLoesche is supplying four vertical roller mills to the new Soma cement plant of the German technology firm Aunde. The first mill will grind up to 350tph of raw material or cement manufacture. The second mill is for grinding up to 30tph of coal, or 27tph of petcoke, while two additional Loesche mills with a throughput of 150th each will be used to grind clinker or granulated blastfurnace slag. The scope of delivery includes the tried and tested Loesche additional components such as water in... |
Votorantim Cimentos inaugurates new Sivas plant06 July 2017, Published under Cement NewsVotorantim Cimentos on Wednesday inaugurated its new plant in Sivas, central Turkey, continuing the company’s strategy of geographic diversification with investments in markets with high growth potential. Involving an investment of EUR140m, the new plant has a capacity of 1.8Mta and will replace the company's old Sivas facility, located about 500km from the capital Ankara and 900km from Istanbul. “This expansion makes our Sivas operation not only more competitive and efficient, but also be... |
Votorantim Cimentos to inaugurate Sivas plant03 July 2017, Published under Cement NewsVotorantim Cimentos is to inaugurate its cement works in Sivas, Turkey, as part of its drive for geographic diversification. International operations account for 40 per cent of its revenues, a share that is expected to grow next year as the expansion of the Charlevoix (MI), USA, works comes online. ‘Geographic diversification works as a "hedge," which compensates for the situation we're going through in Brazil,’ said company president, Walter Dissinger. Therefore, it is expected that ... |
Nuh Cimento awards KHD large upgrade project19 May 2017, Published under Cement NewsKHD has been awarded the contract to upgrade Nuh Cimento’s existing ball mill grinding unit in Hereke-Kocaeli located in Marmara region of Turkey. With this upgrade, the plant will increase the grinding capacity from 212tph to 408tph at 4000Blaine. This will be the largest upgrade project to date for KHD, the company noted in a statement. Nuh Cimento has entrusted KHD with the upgrade of its ball mill system. The system contains one of the largest ball mills in the world (dia 5.8 m x 17.84m... |
DAL Teknik Makina orders second Pfeiffer mill for Uzbekistan11 May 2017, Published under Cement NewsDAL Teknik Makina, headquartered in Istanbul, Turkey, has ordered a Gebr Pfeiffer MVR mill for a new project in the province of Surxondaryo in Uzbekistan. The mill to be supplied is an MVR 5000 R-4 with a drive power of 3700kW, producing 400tph of cement raw meal. The material with a feed moisture of as much as seven per cent will be ground to a fineness of 12 per cent residue 0.090mm. The MVR mill will be ready for dispatch before the end of this year, Gebr Pfeiffer said in a statement. |
Votorantim sees cement revenues fall 10% YoY in 201619 April 2017, Published under Cement NewsVotorantim, formerly Votorantim Industrial, generated a turnover 8.7 per cent lower at BRL26,738m (EUR8046m) and EBITDA declined by some 38 per cent to around BRL4300m (EUR1,294m) in 2016 when compared with 2015. Although the net interest charge declined by 9.9 per cent to BRL1731m, there was a net loss of BRL1295m compared with a the net profit fell of BRL387m (EUR116.5m). Group capital expenditure was 6.2 per cent lower at BRL3031m (EUR912m), of which cement represented BRL27.3m. Brazil... |
Titan FY16 results bring net profits of EUR278.6m23 March 2017, Published under Cement NewsTitan Group's 2016 financial results recorded a significant improvement in profitability, thanks to the continuing growth of the US market and the recovery of results in Egypt. Consolidated turnover reached EUR1509m, posting an eight per cent increase compared to 2015. EBITDA increased by 28.7 per cent to EUR278.6m while net profit after minority interests and tax provision, stood at EUR127.4m, compared to EUR33.8m in 2015. In the fourth quarter of 2016, the group maintained the stro... |
HeidelbergCement to suspend new investment in Turkey17 March 2017, Published under Cement NewsHeidelbergCement is to suspend all new investment in Turkey due to the political uncertainty in the country, said Dr Bernd Scheifele, CEO of HeidelbergCement. He expressed concern about the current situation in Turkey, which he considers unfavourable to its economic development. A referendum on strengthening presidential powers is due to take place in Turkey in April. The refusal of Germany and The Netherlands to let the Turkish ministers campaign in their territory in favour of this co... |
Turkey: Sabanci Holding announce investment funds27 February 2017, Published under Cement NewsTurkish conglomerate Sabanci Holding has plans to make TRY4.5bn worth (US$1.25bn) of investments in 2017, the group's CEO said. The holding has plans to invest the funds in Turkey throughout 2017, up TRY0.4bn (US$110m) or 10 per cent from last year, Zafer Kurtul said at a Sabancı group annual briefing meeting where last year’s financials were announced. Mr Kurtul said nearly 80 per cent of this amount would be channelled into expanding production capacity while the remainder would be set ... |
Turkey: Akcansa Çimento sees 1.8% rise in FY16 net profit17 February 2017, Published under Cement NewsAkcansa Çimento reported largely-stable revenues of TRY1.46m (U$398.1m) for 2016, when compared with TRY1.46bn in 2015. FY16 net profit increased to TRY286.4m in 2016, up 1.8 per cent YoY. in 2015, the company recorded a net profit of TRY281.1m. |