Turkey S Oyak Eyes Cement Acquisitions In Europe In Indonesia

New investment by Titan Cement International in Turkey

East Marmara, Turkey. Used in the manufacturing of low-carbon cement, pozzolana is a material of increasing importance for the cement industry. This acquisition not only bolsters TITAN's efforts to secure long-term pozzolana reserves for its own use and for trading, but also reinforces the company's 2026 growth strategy, which focuses on

Taiwan Cement Corporation Expands Investment in Europe's …

Taiwan Cement's partnership with OYAK in Turkey, established in 2018, has seen significant growth with a six-fold increase in net profit after tax over five years. This collaboration has been instrumental in boosting Taiwan Cement's revenue, with the joint venture accumulating 2.37 million tons of carbon credits in Europe to date.

Turkish producer Oyak Group looking to acquire in Africa and Europe

Turkey: The Oyak Group, which has various cement interests Turkey, is looking into acquisition opportunities in the cement sector. It is focusing on Europe (specifically the UK) and Africa, according to its cement group chairman Celalettin Caglar. Caglar said that the group was also interested in acquisition opportunities that could arise from the merger of Holcim of …

Turkey's Oyak Cement Group net profit triples in Q1

ISTANBUL (Turkey), May 2 (SeeNews) – Turkish cement producer Oyak Cement Group said on Friday its net profit tripled in the first quarter of 2014 on a 35% year-on-year rise in revenue.The group

Oyak eyes Europe, Africa acquisitions

Turkey-based Oyak is looking into acquisitions in the cement sector, with a specific focus on Europe, Africa and Great Britain, its cement group chairman Celalettin Caglar said …

Turkey: Oyak to ramp up acquisitions

Firm turning focus on Europe, Africa, Britain ┬á In Turkey, the Oyak army pension fund is looking into acquisition opportunities in the cement sector, focusing on Europe, Africa and Britain, its cement group chairman Celalettin Caglar said. According to a report from Reuters, Caglar said the group was also interested in acquisition opportunities that could arise from …

Update on Turkey

Given the focus on exports for the Turkish market Oyak Cement's international purchases via Cimpor widen its options. The deal covered assets in Portugal and Cape Verde …

Turkey's Oyak Cement on the acquisition trail

Cemtech Europe 2024, Warsaw, Poland, 29 September - 02 October 2024; ... Turkey's Oyak Cement on the acquisition trail. 11 January 2011. Oyak Cement Group, which controls five publicly traded cement companies in Turkey, is looking into opportunities to buy cement plants in nearby countries, said Celalettin Caglar, head of Oyak's cement and ...

Turkey's Oyak Cement releases H1 results

Turkey's Oyak Cement releases H1 results Company posts 145 million lira profit. ..To read the rest of this article, please login with your CW Group Single Sign-On first.

DENİZLİ CEMENT MERGES WITH OYAK ÇİMENTO …

OYAK Cement's human resources management mentality consists of the adoption of approaches and applications that support strategical targets and performance, while responding to the special needs of the different industries with which it conducts its activities in an appropriate and efficient manner. ... Çankaya, Ankara, Turkey. · You can ...

Turkey's OYAK sells additional stake in Denizli Cement to Taiwan Cement

The latest share transfer is significant as it not only consolidates Taiwan Cement's influence over Oyak Denizli Cement but also expands its footprint in Europe through the acquisition of Cimpor ...

Turkey's OYAK sells additional stake in Denizli Cement to Taiwan Cement

Turkey's OYAK sells additional stake in Denizli Cement to Taiwan Cement. Download the App. More markets insights, more alerts, more ways to customise assets watchlists only on the App ... JavaScript; IFrame; Copy to clipboard. Share to: /news/turkeys-oyak-sells-additional-stake-in-denizli-cement-to-taiwan-cement-93CH-2943648.

Oyak

The long expected move by a Chinese cement producer outside of East Asia took a step closer this week with the news that Taiwan Cement is negotiating with OYAK Cement over a joint venture in Turkey. Taiwan Cement says it is prepared to invest up to US$1.1bn in the subsidiary that will operate OYAK Cement's business in Turkey. In its press ...

Turk Oyak Cement sees '09 profit down | Reuters

Exclusive news, data and analytics for financial market professionals Learn more about Refinitiv

Renewed Giant Partnership between OYAK and TCC for the …

OYAK and Taiwan Cement Corporation (TCC) have entered into a preliminary agreement to advance their partnership, aligning with the vision of sustainable growth and …

Turkey's Oyak Group eyes energy, foreign markets | Reuters

Turkey's Oyak Group, a steel to financial services conglomerate, could look at foreign markets and the Turkish energy sector for new investments, Chief Executive Coskun Ulusoy said on Wednesday.

News

Cimpor, a Portuguese cement company jointly owned by TCC and OYAK, has one of only two cement plants in the world located in Cameroon, Africa, that uses 90% biomass fuel for commercial-scale cement production. Cimpor's cement plant in Ivory Coast is home to the world's first large-scale production base for calcined clay cement.

Acquisition

Belgium: The European Commission has approved the acquisition of sole control over Cimpor Portugal by Turkey's Oyak. The commission ruled that there are no competition concerns between the cement producers given that they operate in different geographic markets. The deal was announced in late October 2018.

GEOVIA

Turkey's Oyak Cement amongst the customers in the limelight earlier today at the GEOVIA Mine Technology seminar in Ankara. Oyak Cement's Gokce Goncu, Raw Materials Manager, provided a practical...

Muge Tuna on LinkedIn: OYAK ve Taiwan Cement …

* Oyak & TCC partnership announced their plans to become Turkey's largest renewable energy player with investments that are environmentally sensitive and low carbon footprint with this responsibility.

About OYAK Cement

OYAK Cement, which has a market share of 15,3% as of December 2015, represents the 15% of the capacity of manufacturing of clinker in Turkey thanks to manufacturing of 11,3 million ton clinker in total by its 6 company, and also represents the 16% of the capacity of manufacturing of cement in Turkey thanks to manufacturing of 21,6 million ton cement in total.

Texas Pacific eyes Turkey's Oyak Bank

U.S.-based Texas Pacific Group [TPG.UL] has shown interest in Turkey's Oyak Bank, Sabah newspaper said on Thursday.

OYAK CEMENT STARTED LIME PRODUCTION

OYAK CEMENT'S "NET-ZERO" COMMITMENT IS VALIDATED. 24.11.2023. AREAS OF ACTIVITY. CEMENT. READY-MIXED CONCRETE. LIME. ... Ankara, Turkey. · You can also use the other methods stated in the Turkish Communiqué on the Rules and Principles for Requesting Information from the Data Controller. Last updated on: 17.04.2021.

Oyak buys InterCement operations in Portugal and Cape …

Brazil/Portugal/Cape Verde/Turkey: Brazil's InterCement has sold its operations in Portugal and Cape Verde to Turkey's OYAK Cement for an undisclosed amount. The sale includes three integrated cement plants and two mills, with a total cement production capacity of 9.1Mt/yr, 46 concrete units, two dry mortar units, 17 quarries and a cement bagging plant.

OYAK'S FIVE CEMENT COMPANIES MERGE: THE GREATEST

OYAK has many success stories in the industry including its partnership in 2018 with Taiwan Cement Company, one of the biggest cement companies in the world, and the incorporation of CIMPOR, one of Europe's biggest cement brands, in 2019. With this merger OYAK has reinforced its leading position in Turkey's cement industry.