Cement News tagged under: Turkey
Mixed bag for Turkish cement producers in 201607 February 2017, Published under Cement NewsSeveral cement producers in Turkey have released their results for 2016, showing a mixed performance in the year. Unye Cimento saw its net profit rise from TRY48.3m (US$13m) in FY15 to TRY58.3m in FY16. The company reported a rise in revenue from TRY222.3m to TRY250.7m over the same period. Meanwhile, other Turkish cement producers have seen profits fall. Bolu Cimento’s net profit slipped to TRY106.4m in FY16 from TRY106.7m in FY15 while the company’s revenue was up to TRY452.4m from... |
Medcem Cameroon to officially open 16 Dec13 December 2016, Published under Cement NewsMedcem Cameroon, owned by the Turkey-based Eren Holdings, will officially open its Douala plant on Friday, 16 December. With a production capacity of 0.6Mta, the cement plant represents an investment of XAF13bn (US$21m). The first cement was produced in October 2015. Medcem Cameroon is the third cement company to have launched on the domestic market in three years and the fourth cement producer in the country, joining LafargeHolcim subsidiary Cimencam, Dangote Cement and CIMAF. As ... |
Turkey: Aumund to supply Çimsa and Batisöke plants28 November 2016, Published under Cement NewsÇimsa Cimento has now ordered about 60 Aumund machines for the plants in Eskisehir and Niğde. With five kiln lines in Mersin, Eskişehir, Kayseri, Niğde and Afyonkarahisar as well as a grinding plant in Ankara and two cement packing plants in Marmara and Malatya, Çimsa is one of the leading producers in the Turkish cement industry. By the end of this year Aumund will supply the Eskisehir plant with six central chain bucket elevators, with centre distances between 25-68m and capacities from ... |
Mixed 3Q16 results for Turkey's cement producers01 November 2016, Published under Cement NewsTurkish cement manufacturers Mardin Cimento, Adana Cimento, Unye Cimento, Bolu Cimento and Aslan Cimento have reported their third-quarter results for the July-September 2016 period. Mardin and Adana registered a decline in net profit while Unye, Bolu and Aslan witnessed an increase. Mardin Cimento's net profit for 3Q landed at TRY8.8m (US$2.8m) compared to TRY13.8m last year. Revenue for the period was reported at TRY36.8m versus TRY37.8m in the same period last year. Adana Cimento's ... |
Georgia: new cement plant in partnership with LafargeHolcim04 October 2016, Published under Cement NewsGeorgian Cement Company (GCC) opened its new cement plant on the 4 October 2016 in Poti, with an initial annual capacity of 0.25Mta. GCC decided on the location of the plant after market research revealed that western Georgia was mainly supplied by cement imported from Turkey. To complete the project GCC entered a partnership with Lafarge, which has since merged with Holcim to become LafargeHolcim. Construction of the plant commenced in 2014. The new plant boasts a unique laboratory based... |
Vicat's 1H16 results in the USA continue to improve04 August 2016, Published under Cement NewsVicat's first half turnover eased by 0.4 per cent to EUR1237m, which amounts to a 4.3 per cent increase on a comparative basis. The EBITDA improved by 2.3 per cent to EUR208m and the margin improved from 16.3 per cent to 16.8 per cent. The trading profit moved ahead by 11.2 per cent to EUR103m, with the underlying margin improving by 16.5 per cent. The net attributable profit improved by 45.7 per cent to EUR49m, while net debt at the end of the period amounted to EUR1059m and the gearing le... |
Turkey eyes export markets20 July 2016, Published under Cement NewsThe Turkish cement market appears to be on a course of recovery as the latest data indicates robust growth in the first quarter of 2016. However, to reach healthy capacity utilisation levels, particularly in view of any new capacity to come online, the country’s cement producers will continue to rely on solid export sales, which have seen a fall in recent times. By Turkish Cement Manufacturers’ Association (TÇMB), Turkey. To achieve robust capacity utilisation rates in times ahead, Tu... |
The Mediterranean and beyond25 May 2016, Published under Cement NewsThe Mediterranean has always played a vital role in the world economy and international trade. In recent years its bordering countries have been affected by turmoil caused by various factors: the economic crisis, a fall in oil prices, increasing migration and Islamisation, political instability and wars. This uncertainty has affected construction investment and regional cement demand. For Mediterranean cement producers this has meant a need to find new markets and look beyond the usual horiz... |
Turkey – Adana Cement to expand white cement milling20 April 2016, Published under Cement NewsAdana Cement, part of Turkey’s OYAK Group, has placed an order with Loesche for a vertical roller mill to expand its white cement milling capacity by 200tph. The LM 46.4 mill has a transmission power of 2750kW and grinds material to a fineness of eight per cent R90 μm. The mill is expected to become operational in 4Q16. Adana Cement has an installed capacity of over 4Mta and produces both white and grey cement for export to Europe and Asia. |
Turkey: Aumund to supply Çimsa Cimento30 March 2016, Published under Cement NewsThe Turkish Çimsa Cimento ordered 24 Aumund machines for the mill at Çimsa, including 18 deep drawn pan conveyors, five bucket elevators with central chain and a pivoting pan conveyor. All AUMUND machines will be used for transporting clinker. The deep drawn pan conveyors have a pan width from 600 to 1400mm and axis-centre distances between 17 and 139m. They have a conveying capacity from 106 to 548tph. The five bucket elevators with central chain have axis-centre distances from 26 to 42m a... |