Displaying items by tag: Türkiye
Two new cement plants for Mozambique
24 June 2015Mozambique: According to Agence de Presse Africaine, two new cement plants are planned for Mozambique in the coming years.
Turkey's Limak Holding plans to invest US$150m in a 2Mt/yr capacity cement plant in the Maputo Port area of Mozambique. Limak chairperson Nihat Ozdemir said that his company would create least 500 jobs during the first phase of the plant." Limak is also interested in entering the Mozambican energy sector and later intends to assess the viability of investment in ports, railways and tourism," said Ozdemir. Mozambique's Industry and Trade minister Max Tonela pledged the Mozambican government's support for Limak.
Meanwhile, Portugal's Cimpor Cimentos group, via its subsidiary Cimentos de Moçambique, has announced plans to build a new integrated cement plant in Nacala, Nampula for an estimated investment of around U$250m. It already owns an integrated cement plant in Matola and also operates four grinding units.
Biberci Insaat orders Loesche LM 56.3+3 vertical roller mill for new cement plant in Konya
24 June 2015Turkey: Biberci Insaat is building its first cement plant in Konya, Turkey and it has ordered Loesche's LM 56.3+3 vertical roller mill for clinker grinding. Biberci Insaat specialises in infrastructure works including road construction, interchange, water conduction lines, sewerage, natural gas and other energy transfer lines.
One of Biberci Insaat's first investments for the new greenfield cement plant is the order of Loesche's LM 56.3+3 cement mill for clinker grinding. The mill will produce 200t/hr of Ordinary Portland Cement at 3,800 Blaine. The gearbox is planned with a capacity of 5400kW. Delivery is scheduled for the third quarter of 2015.
Turkey: Votorantim Cimentos has announced a Euro140m investment in the expansion of its cement plant in Sivas, Turkey. The investment is the largest carried out in Sivas' history and will increase the plant's current production capacity by three times, from 0.6Mt/yr to 1.8Mt/yr.
The investment will allow Votorantim Cimentos, which currently operates in the country at full capacity, to increase its market share in Turkey. The Sivas plant currently accounts for about 19% of Votorantim Cimentos' 3Mt/yr production capacity in Turkey. After the expansion, it will account for 42% of the company's total production capacity in the country.
"Votorantim Cimentos sees the potential of Turkey's construction sector and this investment shows our commitment to reinforcing our presence in Turkey. Sivas' expansion will bring a crucial dynamism and competitiveness to the company in the Turkish cement market," said Mustafa Şefik Tüzün, CEO of Votorantim Cimentos in Turkey.
Groundbreaking at the plant will take place in June 2015 and construction work will employ around 700 people. Cement production will begin in 2017. The plant will supply the market with CEM I and CEM II, the most in-demand products in the Turkish cement market.
Votorantim Cimentos recently announced a Euro1.61bn investment package for 2015 - 2018. The company will invest in five new plants in Brazil, one in Bolivia, as well as in the expansion and modernisation of existing units, such as the one in Sivas.
Turkey: Turkish officials have said that an explosion at a cement plant in Kazan near Ankara has killed three employees. Chief of production Haluk Bilge, the plant's deputy manager Orhan Özer and an operations staff member Bayram Altın died in a resulting fire. Mayor Lokman Erturk said that two other workers were injured in the explosion and fire on 24 May 2015 at the plant. According to Erturk, the blast occurred while the workers were trying to fix a faulty boiler. The exact cause is under investigation.
Turkey: Akçansa Çimento has posted a 2015 first quarter net profit of Euro22.4m, down from Euro22.8m in the prior year period. Operating profit was Euro20.7m, compared to an operating profit of Euro22.7m in the same period of 2014. Pre-tax profit was Euro26.3m, compared to a pre-tax profit of Euro27.1m. Total revenue fell to Euro108m from Euro116m in 2014.
Votorantim Cimentos increases investments
08 April 2015Brazil: Votorantim Cimentos has announced a new investment package for 2015 – 2018. US$1.6bn will be invested in five new plants in Brazil, one in Turkey and one in Bolivia, as well as in the expansion and modernisation of existing plants. The announcement comes after an investment plan of US$3.2bn, completed in the period between 2007 - 2014, when the company expanded its global production capacity by 51%.
In Brazil, Votorantim's priority is to increase production in the central-north and northeast regions. It has identified growth potential in the construction sector and in cement consumption in those regions. Two of the new cement plants will begin operating in 2015, one in Edealina, Goiás and another in Primavera, Pará. In the second phase, the construction of two plants in Sobral and Pecém in Ceará is planned and one in Caaporã, Paraíba. The plants are expected to come on stream in the second half of 2017.
With its new plants, Votorantim will increase its cement production capacity in Brazil by 18%, adding about 6Mt/yr to the current capacity of 32Mt/yr of cement. The investments are in line with the company's preparation for a new cycle of growth in the country. "We are concentrating investments in attractive and profitable markets, always with long-term vision and thinking of the future market demand," said Walter Dissinger, Votorantim Cimentos' CEO.
In the Americas and Europe, investments include one cement plant in Yacuses, Bolivia in partnership with two other companies and one new plant in Turkey. The company is also considering the construction of a new plant in Morocco. In the US there is a project for the expansion of the Charlevoix plant in Michigan. "The American market is recovering and is also attractive," said Dissinger. The new projects outside of Brazil will add 2.5Mt/yr to the company's installed capacity. "We prepared ourselves to confront a challenging scenario in Brazil and follow our policy of thinking in the long term. Our discipline and financial solidity allows us to keep investing to be ready for the recovery of the markets," said Dissinger.
Turkey: Loesche has delivered and is currently installing a LM 45.4 raw meal mill ordered by Vicat Service Technique Ciment for Bastas Baskent Çimento in Elmadag in May 2014.
The Loesche LM 45.4 vertical roller mill will grind 260t/hr cement raw meal at a product fineness of 16% R90μm. The installed drive power is 2100kW. Loesche's scope of supply includes weigh feeders, apron feeders, magnetic separators, metal detectors, shut-off and control flaps, vibrating conveyors, a bucket elevator and expansion joints. The commissioning of the new mill is scheduled for the third quarter of 2015.
Cement firm sales set to surge 10 - 15%
25 March 2015Turkey: Sabancı Holding expects its cement business sales to rise by 10 – 15% in 2015 and is looking for acquisition opportunities, according to its chief executive Hakan Gurdal. Sabancı's cement group, which consists of Akçansa and Çimsa, posted a 16% increase in sales to US$980m in 2014.
"We are chasing opportunities for growth abroad. The financial structures of Akçansa and Çimsa are getting stronger, creating serious potential. We currently have the ability to borrow up to US$1.5bn to fund an acquisition," said Gurdal.
Sabancı Holding has long been interested in acquisitions, but has not bought any companies. Gurdal explained that this was due to geopolitical risks in the countries bordering Turkey. Gurdal added that the group had an investment target of US$117 – 129m, most of which would be invested in a plant in the Aegean province of Afyon. The plant is expected to start producing in May 2016.
Sançim acquired by Aşkale Çimento
09 January 2015Turkey: Turkish cement company Sançim Cimento has been acquired by Aşkale Çimento. The acquisition follows the recently-aborted acquisition of Sançim by another firm, Çimsa, for Euro185.m. The new owner of Sançim is a joint venture of Sönmez Holding (43%), Aunde Teknik (38%), E.N.A. Tekstil (10%) and Umut Insaat (9%).
Turkey: Turkish cement producer Afyon Çimento has decided to allot Euro133m to reconstruct its cement plant in the western Turkish city of Afyonkarahisar, Afyon Province. The company will relocate the plant from Afyonkarahisar to a site in Halimoru Village in the same district. The plant has a clinker production capacity of 450,000t/yr and cement grinding capacity of 550,000t/yr.