Displaying items by tag: OYAK

Türkiye: OYAK Cement reported sales of US$574m in the first half of 2025, with earnings before interest, taxation, depreciation and amortisation (EBITDA) of US$140m and a net profit of US$88m.

Vice chair of the board and CIMPOR global chief financial officer Eralp Tunçsoy said “As of the first half of 2025, we have realised an investment expenditure of US$69m. With our investments, we are strengthening our leading position in the cement sector. We plan to reap the rewards of the high-value investments we have recently made in energy efficiency and sustainability in the coming years.”

Tunçsoy said “Despite the ongoing uncertainties in global markets, we are determinedly continuing our efforts to increase our footprint in the global cement market. We are present in all markets outside of our Turkish operations with our CIMPOR brand and are working to open new export channels.”

Türkiye: OYAK Group has appointed Murat Yalçıntaş as the General Manager of its Board of Directors. He succeeds Süleyman Savaş Erdem in the post.

Yalçıntaş has worked in a wide variety of business and academic posts. Notable positions include being a member of the board of trustees of Istanbul Commerce University and CEO of BMC Automotive from 2021 to 2024. He holds a PhD in business administration from Istanbul University.

Türkiye: Göltaş Çimento has appointed Gökhan Yener as Cement Production Chief. Yener previously worked as a Cement Production Chief for Çimentaş Group. Before this he held production engineering roles with OYAK Cimento and Limak Cement. He is a graduate in chemical engineering from İnönü University in Malatya.

Türkiye: Oyak Cement will convert Mill 3 at its Darıca integrated cement plant to a slag grinding unit, according to local press reports.

The company has submitted the project to the government and the environmental impact assessment process has reportedly begun. The US$252,000 investment will add 14 jobs. The modified facility will grind 1200t/day (360,000t/yr) of slag, along with 18,000t of limestone in its other mills.

Türkiye: TSKB (Industrial Development Bank of Türkiye) has signed a €75m investment loan agreement with Oyak Cement to fund renewable energy and waste heat recovery (WHR) projects. The funding will support the construction of a 115MW solar power plant in Beypazarı, Ankara, and waste heat recovery facilities at the Ankara, Adana and Mardin cement plants.

Oyak Cement general manager Murat Sela said “We have accelerated our investments for the Beypazarı solar power plant, as well as the WHR facility investments with a total installed capacity of 13.5 MW at our Adana, Ankara and Mardin plants. We expect these investments to help generate 237,000MW/yr of energy, while increasing the total renewable energy utilisation rate at our plants from 9% to 30%.”

Türkiye: OYAK Çimento has appointed Turhan Erkayiram as the Plant Director of the Bolu cement plant.

Erkayiram previously worked as the plant manager of the İskenderun plant. Before this he held production manager roles with the company. Earlier in his career he worked for Vicat Group Türkiye, Limak Group and Aşkale Cement. He is a graduate in chemical engineering from Atatürk University.

Canada: St Marys Cement has appointed Ali Firat as the Director, Operations at its Bowmanville cement plant in Ontario.

Firat previously worked as the Plant Manager at Traçim Çiment’s at Vize, Kirklareli in Türkiye. Before this he was a Production Manager for OYAK Cement. Earlier in his career he spent about 15 years working for Traçim Çiment and Ladik Cement in a variety of production roles. He is a graduate of the Middle East Technical University in Ankara and holds a master of business administration (MBA) from Bahcesehir University in Istanbul.

Türkiye: Two members of the cement sector have reportedly died in a fire at the Bolu Kartalkaya Ski Center. Aysemin Elif Dogan, Mehmet Cem Dogan and their daughter perished in the incident, according to posts by their employers on LinkedIn. 76 people have so far reported to have been killed.

Aysemin Elif Dogan was the R&D and Quality Director for Baştaş Çimento, a subsidiary of France-based Vicat.

Mehmet Cem Dogan had been the plant manager of OYAK Çimento’s Bolu plant in Caydurt since 2023. Prior to this he was the manager of a plant in Ankara. Dogan previously worked for Vicat’s subsidiary Baştaş Çimento and Cimpor in process engineering and production management roles.

Türkiye: Oyak Cement will invest US$4.59m to increase fuel supply capacity at its Adana plant. The producer will add 180,000t/yr of processing capacity to the existing 36,000t/yr refuse-derived fuel (RDF) production capacity, raising the total to 216,000t/yr. It will also establish a biomass facility with a capacity of 180,000t/yr. The RDF will be prepared at a disposal fuel facility for use in the cement plant.

Germany: Heidelberg Materials has appointed Gün Burak Günbey as Senior Project Manager at its Competence Center Cement global research and development hub.

Günbey has worked for the cement sector since the late 2000s. He has held engineering, project management and investment roles at OYAK Bolu Çimento, Limak Cement and Vicat. He became the Group Investment Manager for Vicat Group Türkiye in 2021 and subsequently worked as Project Expert for VICAT Senegal Sococim from 2023.