The EBRD (European Bank for Reconstruction and Development) is investing US$ 50 million in a US$ 300m Eurobond issued by Çimko Cimento ve Beton Sanayi, in Türkiye. Çimko operates 3 integrated cement plants in Kahramanmaraş/Narlı (photo), Adıyaman and Bartın as well as 1 grinding plant and 2 packaging plants with a cement capacity of 9.4 Mta and 5.6 Mta of clinker. The proceeds of the 5-year US$ 300 million Eurobond issue are used for the company’s decarbonisation investments, refinancing and will also strengthen Çimko’s balance sheet.