Turkey's Oyak Cement aims to cut coal imports | Reuters
Turkey's Oyak Cement is researching technology that would let it use more domestic lignite in cement production and cut reliance on costly imports of South African and Russian steam coal, its ...
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Turk Oyak Cement sees '09 profit down | Reuters
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Herguner Bilgen Ucer Advises TaiwanCement on Acquisition …
Herguner Bilgen Ucer has advised the TaiwanCement Corporation on its indirect acquisition of an additional 20% equity interest in OYAK Cimento Fabrikalari as part of a wider low-carbon cement investment transaction. ... CEE Legal Matters In-depth coverage of the news and newsmakers that shape Europe's emerging markets. 15. Thu, Aug. 36 New ...
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Turkey's OYAK sells additional stake in Denizli Cement to Taiwan Cement
The strategic divestment by OYAK is part of a broader partnership with Taiwan Cement, which began with an initial acquisition in 2018. 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 Portugal Holdings.
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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.
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Oyak
However, as the world's sixth largest cement producer by cement production capacity, Turkey is always a country worth keeping an eye on for both the Oyak deal and the wider industry. Graph 1: Turkish domestic cement sales, 2007 - 2017.
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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 …
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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...
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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 …
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OYAK'S FIVE CEMENT COMPANIES MERGE: THE GREATEST
Turkey's largest occupational pension fund OYAK has gathered its five public cement companies under the single roof of "OYAK Cement" in line with the Turkish …
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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.
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Cement News tagged under: Oyak Cement
Turkish cement producer OYAK has become the front runner in the bidding to buy British Steel. The Turkish pension fund has been talking with the UK government to takeover …
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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 …
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European Commission approves Oyak acquisition of …
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.
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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 ...
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Turkey's Oyak says no deal for bank | Reuters
Turkish conglomerate Oyak Group has not yet reached a deal to sell its medium-sized lender Oyakbank, it said on Tuesday after a newspaper reported London-listed Standard Chartered
Factors to watch
Here are some factors that may affect Middle East stock markets on Wednesday. Reuters has not verified the press reports and does not vouch for their accuracy.
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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.
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Turkey's OYAK sells additional stake in Denizli Cement to Taiwan Cement
Turkey's OYAK sells additional stake in Denizli Cement to Taiwan Cement
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Rebuilding boosted Turkey cement in 2023 and expected to …
Domestic cement sales in Turkey came in at 5.602Mt in December 2023, down 5.5 per cent MoM and 14.9 per cent YoY, according to Turkey's cement manufacturers association, Türkçimento. Cement produ...
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Cement News tagged : Oyak Cement
Cemtech Europe 2023, the leading cement industry conference in Europe organised by International Cement Review, has opened in Istanbul, welcoming over 300 delegates from 40 countries. ... Oyak Group, Turkey's largest cement producer, has US$2bn in cash for acquisitions and may spend some of it on assets Holcim and Lafarge are looking to ...
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Home — OYAK
The most successful example of the complementary occupational pension system in Turkey. More Information. About Us. OYAK > Our Mission ... OYAK and its stakeholders are proud of the results of their activities in terms of production, sales, employment, exports and taxation, and as well as in terms of OYAK's contribution to the national ...
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Turkey's Oyak Group buys Denizli Cimento
Oyak Group, owned by Turkey's military pension fund, made the purchase for EUR 400 million. BMweek ... Mergers & Acquisitions Turkey's Oyak Group buys Denizli Cimento. 14 December, 2020. SHARE THIS ARTICLE ... Markets & Competition Europe's cement industry slashes emissions with slag . Steel industry by-products aid in conservation and. July 17 ...
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Oyak eyes Lafarge in cement company shuffle
Comments made by Celal Çağlar, head of Oyak's Automotive and Cement Companies Group, were taken to mean that the Lafarge Aslan Turkey Cement Group may be ripe for acquisition by the local fund. "An announcement about the sale of a large cement group is on the way. That's what we're waiting for.
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HVK Stevens advises OYAK in multi-billion partnership with …
HVK Stevens advises OYAK, one of the worlds largest pension funds, in a Dutch corporate partnership restructuring with Taiwan Cement Corporation (TCC), aligning with the …
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Cemtech Europe opens in Istanbul: Turkey prepares to …
Turkey's two largest cement manufacturers, Oyak Cement and Limak Cement, both presented detailed decarbonisation roadmaps. Mr Galip Tekiner, Resource Recovery & Environment Director, explained that Oyak Cement aims to reduce its CO 2 emissions by 22.8 per cent to 609kg/t by 2030 and reach net zero by 2050. Oyak is a pioneer in using calcined ...
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Taiwan Cement expands its European footprint
OYAK is selling a 20 per cent stake in Oyak Denizli Cement of Turkey to Taiwan Cement, valuing the company at EUR1.3bn (US$1.42bn). Taiwan Cement estimates it will …
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European Commission approves Oyak acquisition of Cimpor …
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 …
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Herguner Bilgen Ucer Advises TaiwanCement on Acquisition …
Herguner Bilgen Ucer has advised the TaiwanCement Corporation on its indirect acquisition of an additional 20% equity interest in OYAK Cimento Fabrikalari as part of a wider low-carbon cement investment transaction. ... TCC becomes one of the main suppliers of low-carbon cement in Europe after increasing its stake in Turkey by 20% and in ...
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Turkey's OYAK sells additional stake in Denizli Cement to Taiwan Cement
Turkey's Army Pension Fund (OYAK) has agreed to sell an additional 20% stake in its Oyak Denizli Cement joint venture to Taiwan Cement Corp. for €193.4 million.
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