Displaying items by tag: Göltaş Göller Bölgesı Çimento

Turkey: The Competition Authority of Turkey has launched a probe into six cement companies that operate in the Aegean Region. The authority will investigate AS Çimento, Batiçim Bati Anadolu Çimento, Batisöke Söke Çimento, Çimentas Izmir Çimento, Denizli Çimento and Göltaş Göller Bölgesi Çimento to see if the companies have engaged in activities that breach competition law.

Turkey: Göltaş Goller Bolgesi Cimento has contracted Chinese company Catic Beijing Co to set up a waste heat recovery power plant for a cost of Euro14m. The plant is expected to be installed in two years and should reduce electricity costs by 25% when operational, according to Göltaş. The company's integrated cement plant is located in Turkey's southwestern province of Isparta

Turkey: Engineering supplier Loesche has released information about a contract it signed in July 2013 to supply Göltas Cimento with a Type LM 56.3+3 vertical roller mill for cement grinding for its plant 130km north of Antalya. Loesche has previously supplied the company with vertical roller mills for cement raw material and coal grinding. The mill will produce at least three different types of cement, a standard OPC cement and various types of composite cements, at a production rate of up to 230t/hr.

Turkey: More Turkish cement manufacturers have released first half results for 2012, which continue the mixed trend seen from other producers.

Aslan Çimento saw a marginal decrease in its revenue, by 0.37% in the first half of 2012. It recorded total revenues of Euro29.5m for the half, making Euro3.0m in profit. In the second quarter of 2012 it Aslan had a revenue of Euro17.5m and profit of Euro2.9m.

Göltaş Göller Bölgesı Çimento saw total revenues of Euro67.5m in the first half of 2012, a 73.5% increase compared to the first half of 2011. Its net profit was also up, growing by 54.5 to Euro9.1m. Over the three months to 30 June 2012, the company had a total revenue of Euro50.3m, representing an increase of 85.4% compared to the second quarter of 2011. In the three month period it saw a net profit of Euro0.85m.

Konya Çimento's results showed a 256% year-on-year increase in its net profit, from a low base. It recorded a net profit of Euro6.83m compared to Euro1.92m in the same period of 2011. Konya's total revenue was up by 3.8% to Euro48.0m in the first half of 2012 compared to Euro46.5m in the first half of 2011.

Çimentas Izmir Çimento Fabrikasi saw its total revenue increase by 1.72% to Euro117.7m in the first half of 2012, recording a net profit of Euro2.8m. In the course of the second quarter of 2012, which ended on 30 June 2012, the company recorded a revenue of Euro72.5m, an increase of 5.6% year-on-year. It saw a quarterly net profit of Euro2.1m.