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Sweden’s SaltX and Polysius signed LoI for collaboration

SaltX Research centre 20231123

Sweden’s SaltX and thyssenkrupp Polysius signed a Letter of Intent (LoI) to design and engineer fully electrified kiln furnace technologies, utilizing SaltX’s electrification technology and thyssekrupp Polysius’ solutions for material preheating and calcining. The goal of the collaboration is to…

Titan Cement to divest assets in Eastern Türkiye

Titan Adocim

Titan Cement announced to divest its 75% share in Adocim Cimento Beton Sanayi ve Ticaret A.S., comprising cement assets located in Eastern Türkiye to Mugla Cimento (50%) and Yurt Cimento (25%) for US$87.5m. The transaction includes the 1.8 Mta integrated…