Cement News tagged under: Turkey
Votorantim07 May 2015, Published under Cement NewsVotorantim Cementos has announced a US$1600m investment programme that involves five new cement plants in Brazil, two in Turkey and one in Bolivia as well a the expansion and modernisation of a number of existing facilities. These investments cover the 2015 to 2018 period. These projects will add 6Mta of capacity in Brazil and 2.5Mt elsewhere. Longer-term, additional capacities are also being considered for the USA and Morocco. |
Domes of the Middle East26 March 2015, Published under Cement NewsGeometrica designs some of the world’s largest free-span domes, trademarked as Freedomes®, as a solution for challenging architectural and logistical feats across the Middle East. Freedome technology "has revolutionised the installation process on any terrain," according to the company, and below are case studies of cement plant projects undertaken for key producers across the Middle East. Star Cement, UAE The United Arab Emirates is well known for its cement production, refineries and ... |
Loesche installation at Elmadag works, Turkey25 March 2015, Published under Cement NewsLoesche is now starting to install a 260tph raw meal mill at Bastas Baskent Cimento’s Elmadag cement works in Turkey, after a delivery time of just 10 months. Bastas Baskent Cimento is part of the Vicat group of France. The Loesche LM 45.4 raw meal mill, ordered by Vicat Service Technique Ciment in May 2014 for raw meal cement grinding, has already been delivered by Loesche. The German equipment supplier has previously equipped vertical roller grinding mills for the Elmadag factory as wel... |
Sabanci cement unit seeks acquisition opportunities25 March 2015, Published under Cement NewsTurkey-based Sabanci Holding's cement business expects its sales to rise 10-15 per cent this year after posting a 16 per cent increase to TRL2.5bn (US$980m) in 2014, the cement unit's chief executive said. Sabanci's cement arm is also looking for acquisition opportunities and could borrow up to US$1.5bn to fund an acquisition, Hakan Gurdal told Reuters in an interview. |
Vicat shows good profit growth in the USA, India and Africa11 March 2015, Published under Cement NewsVicat’s turnover increased by six per cent in 2014 to EUR2422.7m and the EBITDA emerged 3.6 per cent ahead at EUR442m, while at unchanged parameters the increases would have been eight and seven per cent respectively. The trading profit rose by 12.3 per cent to EUR263.1m.The net financial charge was 8.2 per cent higher at EUR47.6m and after a slightly higher contribution from associates the pre-tax profit improved by 12.5 per cent to EUR203m. After a lower effective tax charge of 29.3 per... |
Titan Egypt's profits decline, but Greece and the USA recover06 March 2015, Published under Cement NewsTitan's turnover improved by 2.7 per cent in 2014 to EUR1158.4m but the EBITDA emerged 2.6 per cent lower at EUR181.6m. Following an 8.5 per cent reduction in the depreciation charge, the trading profit advanced by 7.0 per cent to EUR76.6m. The net financial charge increased by 6.2 per cent to EUR65.7m and there was a EUR31.1m foreign exchange gain compared with a loss of EUR18.4m in the previous year. There was a pre-tax profit of EUR46.8m compared with a EUR9.4m loss the year before. At... |
Siwertell secures new Medcem order, Turkey29 January 2015, Published under Cement NewsSiwertell, part of Cargotec, recently secured a road-mobile unloader order from Medcem Global Pazarlama AS, in Turkey. This is the third order of its kind received from the operator in 18 months. Mr Koray Kandemir, Director of Projects for Medcem Global said: "We are planning and processing cement terminal projects in various countries, therefore, to get maximum benefit, we have to be very careful when choosing project equipment. Siwertell mobile unloaders provide the ability to operate in... |
Siwertell’s third road-mobile unloader delivery to Turkish customer23 January 2015, Published under Cement NewsSiwertell, part of Cargotec, delivered a road-mobile unloader to Muhammet Gümüstas AS in Istanbul, Turkey, following an order signed November 2013. This is Siwertell's third road-mobile unloader delivery to the operator since 2012. Another Siwertell road-mobile unloader delivered to Muhammet Gümüstas AS, Turkey The trailer-based, diesel-powered, Siwertell 10 000 S road mobile unloader will be used to discharge cement at 300tph. The unit was built at Siwertell's manufacturing pr... |
Sançim Cimento acquired by Askale Çimento.09 January 2015, Published under Cement NewsTurkish cement producer Sançim Cimento (Sançim) has been acquired by Askale Çimento, according to local news reports. The acquisition follows the recently aborted acquisition of Sancim by domestic cement major Cimsa, for EUR185.14m. The new owner of Sancim is a joint-venture of Sonmez Holding (43 per cent), Aunde Teknik (38 per cent), E.N.A. Tekstil (10 per cent) and Umut Insaat (nine per cent). |
Baticim Enerji signs loan agreement, Turkey04 December 2014, Published under Cement NewsTurkish renewable energy producer Baticim Enerji Elektrik Uretim has signed a US$40m loan agreement with local lender Akbank, Baticim Enerji’s affiliate company Baticim Bati Anadolu Cimento Sanayii said. Baticim Enerji will use the 10-year loan to finance balance settlements for its Kovada I, Kovada II and Hasanlar hydropower plants (HPP), Baticim Bati Anadolu Cimento said in a bourse filing on Tuesday. The 8.25MW Kovada I HPP, the 51.2MW Kovada II HPP and the 10 MW Hasanlar HPP have an... |