Displaying items by tag: Adocim

Türkiye: Adocim says that it has successfully commissioned a new four-silo cement terminal at the Port of Samsun, Samsun Province. The producer says that the terminal has a storage capacity of 45,000t. The facility will serve the producer's Portland limestone cement (PLC) export operations to countries including the US.

Parent company Titan Cement Group said "This new investment will enable us to further increase our sales of lower carbon cement, contributing to our group’s Net Zero goal towards a greener and more sustainable future."

Turkey: Greece’s Titan Group has reached an agreement to increase its share in its joint venture, Adocim Çimento Beton Sanayi ve Ticaret. At present the cement producer is a 50-50 joint-venture operated with Cem Sak Group since 2008. The arrangement will see it buy an additional 25% share in Adocim and dispose of its 50% share of a grinding plant. The transaction is conditional upon approvals by regulatory authorities and is expected to be concluded by the end of November 2018.

Adocim owns an integrated cement plant with a production capacity of 1.5Mt/yr, a grinding unit with a production capacity of 0.6Mt/yr and three ready-mix concrete units.