Tag Türkiye

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…

Çimsa’s decarbonisation in Türkiye supported by IFC

Cimsa Mersin Plant

The IFC announced a US$ 70m green loan to Çimsa Çimento in Türkiye to support its ambitious decarbonization projects. The loan will help to fund Çimsa’s decarbonization (photo: Mersin cement plant), which include energy efficiency investments, clinker reduction and the…