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…
Türkiye’s annual cement production increased by +4.1% to 84.815 Mt, after 81.451 Mt in the same period last year and 73.707 Mt in the year before.
Türkiye’s annual cement exports decreased by -14.6% to 12.997 Mt, after 15.223 Mt in the same period last year and 18.476 Mt in the year before.
TSKB (Industrial Development Bank of Türkiye) and OYAK Çimento have established a new cooperation for the financing of renewable energy and waste heat recovery investments. As part of the signed agreement, an investment loan worth EUR 75 million will be…
Last week, Türkiye’s Medcem Group exported cement to the Sheerness port in Kent in the UK. The cement was loaded into the 25,000 dwt MV NACC NewYorker cement carrier at the Medcem port terminal, which is equipped with two Bedeschi…
In the first 11 months in 2024, Türkiye’s cement exports declined by -15.0% to 12.047 Mt, after 14.181 Mt in the same period last year and 17.043 Mt in the year before.
In the first 11 months in 2024, Türkiye’s cement production increased by +4.8% to 78.359 Mt, after 74.798 Mt in the same period last year and 67.127 Mt in the year before.
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…
Türkiye’s Karçimsa Cimento will invest in a new 1.0 Mta clinker and granular slag grinding plant. Karçimsa is a joint venture between Beyçim Beton Sanayi ve Ticaret Ltd. Şti. (51%) and Kardemir Karabük Demir Çelik Sanayi ve Ticaret A.Ş. (49%).…
In the first 10 months in 2024, Türkiye’s cement consumption increased by +11.3% to 59.509 Mt, after 53.464 Mt in the same period last year and 44.213 Mt in the year before.