Displaying items by tag: Adana Çimento

Turkey: Adana Çimento has placed an order for a Loesche cement mill for its Adana cement plant in Turkey. The LM 46.4 vertical roller mill with a transmission power of 2750kW is used for grinding 200t/hour of raw material to white cement. The material will be ground to a fineness of 8% R 90µm. A period of nine months will be allowed for delivery so that the Loesche roller mill will be put into operation during the fourth quarter in 2016.

Previously, Adana Çimento ordered a Loesche mill of type LM 53.3+3 CS for grinding clinker and slag at its Iskenderun cement grinding plant in 2007. Adana Çimento is a subsidiary company of the Oyak Group.

United Arab Emirates: Turkish cement producer Adana Cement has won an award for safety performance improvement at the 11th Annual DuPont Safety and Sustainability Awards, which took place in Dubai on 24 September 2013. Six award recipients were selected by an independent jury comprised of leading experts in occupational safety and sustainability.

Adana Cement was chosen for its efforts to create a safe work environment. In 2005 the company established an integrated OHSAS 18001-certified Safety Management System, before implementing further processes and improvements in 2008 after recognition that 96% of accidents were caused by dangerous behaviour, rather than conditions.

Together, these initiatives have had a profound effect in shaping a positive safety culture among employees. In particular, a multi-faceted approach, including behaviour-oriented site visits, accident information meetings, reward and sanction practices and a schedule of continuous training programmes, has resulted in a dramatic decrease in employee and sub-contractor accidents since 2008, based on statistics collected since 2003. A new record of 243 uninterrupted days without an accident was achieved in 2012, in a period when expanding production objectives were successfully met.

Turkey: Adana Çimento reported a total revenue 0.1% lower in the final quarter of 2012 than in the same period of 2011, taking US$41.4m. Its net profit, however, grew by over half year-on-year, rising by 50.2% to US$19.3m for the quarter.

Batisoke Soke Çimento saw its 2012 sales revenue fall by 4.5% to U$45.0m from US$45.2m in 2011.

Bursa Çimento's saw its net profit and revenue both fall in 2012. Its net profit dropped by 73.6% to US$6.7m on revenues that were 9.2% lower than in 2011 at US$274.2m.

Çimsa Çimento saw its revenue increase by 7.9% year-on-year in 2012 compared to 2011, taking US$487m over the year. However, the company saw its net profit fall by 6.5% year-on-year to US$64.5m in 2012.

Çimentas Izmir has reported a net profit of US$16.3m for 2012, 38.2% more than it earnt in 2011. The company has made a profit in four of the past five years. The company's sales revenue came in at US$333.7m for 2012, a 6.9% improvement on 2011 when it took US$297m in sales.

Mardin Çimento made a net profit of US$20.5m in 2012 after it saw its net profit slump by 56.4% compared to 2011. The company's total revenue was down by 19.7% to US$116m.

Unye Çimento's total revenue was down by 19.7% to US$116m in the fourth quarter of 2012, while its net profit for the quarter was 46.8% higher year-on-year at US$10.5m.

Turkey: Four Turkish cement producers have released annual financial results for the 2011 calendar year. Bolu Cement saw its total revenue increase by 22.2% to Euro79.7m and a net profit increase of 44.7% to Euro8.8m, ensuring profits in each of the last three years.

Meanwhile, Adana Cement saw a total revenue of Euro144.7m in 2011, up by 6.7% year-on-year. It extended its profit run to four consecutive years, although this slumped by nearly a quarter to Euro33.7m.

Cimsa Cimento saw a fifth consecutive year of strong results, with revenue and net profit both up. Revenue hit Euro352m, up 12% year-on-year and net profit was up by 19% to Euro54m.

Baticim Bati Anadolu Cimento also saw an increase in its revenue, a 10.6% increase to Euro158.4m and a near-70% increase in net profit, which rose to Euro11.1m from a low base.

Turkey: Cement producer Adana Çimento has reported that its profit after tax fell by 25% to US$42m in 2011 from US$56m in 2010.

Sales revenue rose by 2% to US$173m in 2011 from US$169m in 2010. Total revenue rose by 6% to US$182 from US$171m. Adana Çimento has recorded profit for the last three years. Notably, the exchange rate between the Turkish Lire and the US Dollar has risen by 22%, to 1.89 per dollar in 2011 from 1.55 in 2010.

Turkey: Cement producer Adana Çimento, an Oyak Group company, says it plans to invest USD80m in a clinker production facility in the city of Iskenderun. With this investment the annual clinker production capacity of Adana Çimento will increase to 3.3Mt/yr from 2.3Mt/yr. The new facility is expected to be completed and come online by 2013.