Displaying items by tag: Türkiye

Ukraine: The Interdepartmental Commission for International Trade (ICIT) has pursued a complaint by multiple domestic cement producers including Buzzi-Unicem subsidiary Dyckerhoff, HeidelbergCement subsidiary Kryvyi Rih Cement and CRH subsidiary Podilsky Cement in opening an investigation into imports of cement from Turkey. The Uriadovy Kurier newspaper has reported that, on its preliminary assessment, the ICIT deemed the complaint to provide “sufficiently substantiated evidence on the basis of which it can be considered that the importation of cement into Ukraine originating in Turkey could be at dumped prices, the margin cannot be considered minimal and the import volumes are not insignificant in accordance with the law.” It added, “The complaint also provides sufficiently substantiated evidence that imports were made to an extent and under conditions such that they may cause material injury to the domestic producer.”

Turkey: Germany-based IKN has announced its appointment by Kentçim Çimento for engineering and installation of a 4500t/day kiln line at the company’s upcoming 1.6Mt/yr Muğla integrated cement plant in Muğla Province. Production manager Mehmet Fatih Ekici said, “May it be good and auspicious for our country.”

Turkey: Sabancı Holding has appointed Umut Zenar as the general manager of Çimsa following the departure of Ülkü Özcan. Zenar’s previous role as the general manager of Akçansa, a joint venture between Sabancı and HeidelbergCement, will be filled by Mehmet Zeki Kanadıkırık. The changes will take effect from the start of September 2020.

Zenar holds a Master of Business Administration (MBA) from Boğaziçi University in Istanbul. He started his professional career in 2003 as a Business Development Specialist at Zorlu Holding before joining Akçansa in 2004. After working in sales, marketing and business development roles he moved to Oyak Cement Concrete Paper Group in 2016 as a general coordinator before returning to Akçansa as its general manager in 2018.

Kanadıkırık holds a degree in mechanical engineering from Middle East Technical University in Ankara. He started his career worked for Çukurova İthalat, Brisa, Lubrekip, Kordsa and Tekstil Servis. In 2006 he became the Production Manager at Kordsa Turkey and subsequently became the Manufacturing Director of Kordsa Turkey, the Operations Director of Thai Indo Kordsa and the Chief Operating Officer (CEO) of Asia Pacific for Kordsa in 2015.

Tunisia: The Ministry of Industry and Small and Medium-Sized Enterprises has issued a decree authorising the use of polypropylene cement bags, with the aim of increasing the competitiveness of Tunisian cement against rival Turkish products on the Libyan market. The Economiste Maghrebin newspaper has reported that the loss of a valuable exporter market following Algeria’s attainment of a cement surplus led the ministry to enact the cost-cutting policy. In January 2020, Algeria enacted a progressive prohibition on this type of packaging with a view to a blanket ban from 1 January 2021.

Minister of Industry and Small and Medium-Sized Enterprises Salah Ben Youssef says that his department “submitted a report on the impacts of the use of polypropylene packaging for cement to the Ministry of the Environment in May 2020 and received no reply,” but implemented the initiative because it was the only viable alternative to kraft bags, which he says are “overpriced due to monopolies in raw materials and assembly.” Ben Youssef said that polypropylene bags, which are permitted for use in food, lime, animal feed and fertilisers packaging, are “both recyclable and reusable,” and would enable the Tunisian cement industry to become self-sufficient in serving its bagging needs. As a further cost-cutting measure, Ben Youssef proposed that the government establish a solar power plant in order to reduce cement companies’ total energy bills by US$5.13m/yr.

The 16Mt/yr-capacity Tunisian cement sector, which includes international companies such as Carthage Cement and Brazil-based Votorantim Cimentos subsidiary La Cimenterie de Jbel Oust, produced 11Mt of cement in 2019 against a domestic demand of 7.0Mt.

Turkey: Germany-based Körfez Engineering’s Körfez foundry in Dilovasi, Kocaeli Province, has announced that it is now exporting its cast steel products, including cement kilns, preheaters, clinker coolers and mills, to 70 countries spanning five continents. Exports account for 85% of sales. Foundry general manager Çağdaş Alan said, “We are proud to export to different geographies and to increase the number of countries we export to during this difficult period the world is going through. We hope to overcome this difficult period with the least loss for our business and the country.” He added, “We continue to invest in information technologies, develop our facilities in line with industry 4.0, and create a dynamic business environment with innovative trainings for continuous development of our expert staff.”

France: Imerys has signed an agreement to buy a 60% stake of Haznedar Group, a Turkey-based monolithic refractories and refractory bricks producer for the cement, steel, iron and petrochemical markets. The acquisition is expected to conclude in the fourth quarter of 2020 subject to approval by competition authorities. No value for the deal has been released.

The acquisition will add basic and acidic refractory bricks to Imerys’ product range and extend its industrial footprint with a production base in Turkey. It is also expected to strengthen its position within the Turkish market. The business will be consolidated in Imerys’ High Temperature Solutions business area, part of its High Temperature Materials & Solutions segment.

Greece: Titan Group says that cost savings, lower prices for solid fuels and price ‘resilience’ all helped to grow its earnings in the first half of 2020. Its earnings before interest, taxation, depreciation and amortisation (EBTIDA) rose by 12% year-on-year to Euro137m from Euro122m in the same period in 2019. Its revenue remained stable at Euro786m in the first half of 2020. Cement sales volumes fell by 2% to 7.9Mt but ready-mix concrete increased by 1.3% to 2.64Mm³ and aggregates increased by 2.6% to 9.2Mt. Although coronavirus-related lockdowns were mostly blamed for falling cement sales volumes they were also affected lower exports from Greece and the lack of fly ash supply in the US. Its US and Eastern Mediterranean regions contributed the most to its performance, with strong starts to the year in Egypt and Turkey before as the pandemic mounted.

Italy: Caltagirone Group subsidiary Cementir has recorded first-half revenues of Euro570m in the first half of 2020, down by 3.6% year-on-year from Euro591.9m in the first half of 2019. Net profit was Euro21.9m, down by 27% from Euro29.9m. The company sold 4.6Mt of cement, up by 6.3% from 4.3Mt, which it said was “mainly attributable to good performance in Turkey.”

Operating costs fell by 3.9% to Euro475m from Euro494m, which the company attributed to “cost containment measures implemented to deal with the impact of the pandemic.” The company said that, in spite of the contraction during lockdown periods in various markets, it was generally able to offset this with “a significant recovery in sales,” as in China, where increased infrastructure investments raised demand above pre-coronavirus outbreak levels following the return to cement production on 27 March 2020. The company reduced its debt by 30% to Euro281m from Euro399.

Cementir said, “With the current industrial perimeter, we expect to reach full-year consolidated revenues of approximately Euro1.2bn in 2020. Net financial debt is expected to be around Euro180m, including capital expenditure of around Euro60m. No substantial changes in the workforce are expected.”

North Africa: Turkey-based DAL Engineering Group has announced that it has acted upon a contract to design and manufacture a ball mill for a grinding plant project. It shipped the 3.0m x 10m mill to a grinding plant in North Africa in June 2020.

France: Vicat says that group business activity increased month-on-month between April and May 2020. In a special update on business in the context of the coronavirus, the company said that the outbreak’s impacts varied across the 12 countries in which it operates, all of which locked down due to the pandemic.

In France, the level of business is “slightly lower” than in May 2019 following a steady recovery from a “strong slowdown in mid-March 2020.” Macroeconomic and competition issues continue in Egypt and Turkey, not however due to the coronavirus outbreak, while volumes and prices have generally increased in Switzerland, the US, Brazil and Western Africa, except in Senegal, where the government has cancelled infrastructure projects. Following the pan-Indian lockdown between 24 March 2020 and 17 April 2020, business in India has resumed, albeit at a “level significantly below that of the same period of 2019.”

The group says that it is planning cost-cutting measures and has postponed a planned US price rise to late 2020.