Cement News tagged under: Turkey
Taiwan Cement expands its European footprint29 November 2023, Published under Cement NewsTurkey's Army Pension Fund, OYAK , has reached a preliminary agreement to sell its stakes in two cement companies to Taiwan Cement Corp for a total of about EUR673m. OYAK is selling a 20 per cent stake in Oyak Denizli Cement of Turkey to Taiwan Cement, valuing the company at EUR1.3bn (US$1.42bn). Taiwan Cement estimates it will pay EUR193.4m for the stake, increasing its ownership to 60 per cent, a filing from the Taiwanese company confirmed. Taiwan Cement had purchased a 40 per cent s... |
Limak Cement introduces printable mortar series for 3D concrete printers11 October 2023, Published under Cement NewsTurkey-based Limak Cement has introduced LimakCement 3DC-101, the first, lower-carbon product of its innovative printable mortar series suitable for 3D concrete printers at Cemtech Europe 2023 – Decarbonising the cement industry , the conference organised by International Cement Review and supported by TÜRKCIMENTO currently taking place in Istanbul, Turkey. Limak Cement has successfully designed LimakCement 3DC-101, which is a unique and environmentally friendly mortar mixture suitable ... |
Cemtech Europe opens in Istanbul: Turkey prepares to launch domestic ETS10 October 2023, Published under Cement NewsCemtech Europe 2023 , the leading cement industry conference in Europe organised by International Cement Review , has opened in Istanbul, welcoming over 300 delegates from 40 countries. Welcoming delegates to the conference, Volkan Bozay, CEO of the Turkish Cement Manufacturers Association, TÜRKÇİMENTO, highlighted the strengths of the domestic industry, which now includes 120Mta of clinker capacity and is ranked as the fifth-largest industry worldwide. Mr Bozay acknowledged the earthq... |
Limak Cement launches Triple Transformation Project at Cemtech Europe 202310 October 2023, Published under Cement NewsTurkish cement producer Limak Cement has launched its Triple Transformation Project (TTP) at Cemtech Europe 2023 – Decarbonising the cement industry , the conference organised by International Cement Review and supported by TÜRKCIMENTO. The company’s most important project to achieve net zero emission, the TTP is supported by the twin transition approach leveraged by the Federal Centre of Excellence (LCoEdx) and Green Data Center Projects in the global cement industry. Limak Cement... |
CIMSA and Sabanci to build 0.6Mta US grinding plant21 September 2023, Published under Cement NewsOne of Turkey's largest conglomerates Sabancı Holding and Turkish cement manufacturer Çimsa have agreed to establish a grey cement grinding plant in the USA with an investment of US$82m (TRY2.2bn). The facility, with an average grinding capacity of 600,000tpa, will be operational by the end of the 4Q25 and will be fully financed with equity. Çimsa, with its subsidiary operating in the US, will enter the US grey cement market, in addition to the white cement market. The company current... |
Foundations for the future19 September 2023, Published under Cement NewsWhile cement demand declined in Turkey in 2022, the country’s cement producers expect to supply the domestic market with significant volumes in 2023 as Turkey rebuilds after the devastating earthquake of early 2023. The industry itself continues to improve its carbon emissions through the use of alternative energy sources. By TÜRKÇIMENTO, Turkey As Turkey rebuilds its housing after the recent earthquakes, its cement industry builds the systems for more sustainable production (© Med... |
Turkey’s low-carbon contributions12 September 2023, Published under Cement NewsThe past few years have seen changing trends in the Turkish cement sector. As the country looks to the road ahead, Volkan Bozay, CEO of Turkish cement manufacturers association TürkÇimento, discusses the cement industry’s role in earthquake reconstruction efforts, and its contribution to low-carbon production and policies. ICR: Please can you provide a high-level overview of the Turkish cement sector in terms of the number of players, domestic capacity, consumption and production tren... |
Two new recycling plants to crush cement for reuse from Turkey earthquake17 August 2023, Published under Cement NewsTwo state-of-the-art recycling facilities are being built in Turkey to process the 200Mt of debris produced by the earthquakes in February 2023. Japan has signed an agreement with the United Nations Development Programme (UNDP) for two rubble recycling plants to remove asbestos and other hazardous waste, separate out scrap metal and other recyclable materials, and crush cement from the debris for reuse as paving and building materials, reports Nikkei Asia. According to the UNDP, previous ... |
Cementir reports 36% rise in 1H net profit28 July 2023, Published under Cement NewsCementir Holding posted broadly stable sales of EUR454.5m in the second quarter of 2023. Growth in Turkey, Asia-Pacific and Egypt was able to partially offset a decrease in revenues in the Nordic and Baltic area, Belgium and the USA. In the 2Q23 cement and clinker volumes sold declined by 6.8 per cent YoY to 2.8Mt due to a slowdown in sales in Denmark, Turkey, Belgium and the USA, despite the increase seen in China, Egypt and Malaysia. In the 2Q23 sales of ready-mixed concrete were down ... |
Limak Cement addresses Turkey's "Green Transformation"16 June 2023, Published under Cement NewsLimak Cement 's new business platforms will be “the most important catalyst in the Green Transformation," said Limak’s CEO, Erkam Kocakerim, speaking at the ‘Climate Change Summit: Green Transformation’ held in Istanbul, Turkey, on 14 June 2023. In the first such gathering following the formation of the government, more than 200 top business executives and bankers, some of them from the most carbon-intensive sectors of the economy, gathered to exchange views on the efforts needed to ensure ... |