Turkish cement investment planned

Turkey-based ICDAS has announced plans to invest around €150million in developing a new 2.5million tonne cement plant in the north west region of Turkey. No further details about implementation of the plan have been released but the announcement coincides with another by the company to also invest in energy projects in Turkey.
March 30, 2012 Read time: 1 min

Turkey-based 4655 ICDAS has announced plans to invest around €150million in developing a new 2.5million tonne cement plant in the north west region of Turkey. No further details about implementation of the plan have been released but the announcement coincides with another by the company to also invest in energy projects in Turkey.

Concrete Plants, Equipment & Applications

For more information on companies in this article

Related Content

April 2, 2015

Votorantim Cimentos, Brazil, unveils BRL 5bn investment for 2015-2018

Brazilian cement company Votorantim Cimentos has announced plans to invest a further BRL 5 billion (€1.46 billion/US$1.57 billion) between 2015 and 2018, following the conclusion of its BRL 10 billion investment plan between 2007 and 2014.
The majority of the new funds will go to the construction of new factories in Brazil, with a view to the long term cement market which is expected to recover from the current reduction in consumption.
The new investment plan also covers further expansion of operations a

April 3, 2012

Russian aggregate investment planned

Russia’s Ministry of Regional Development has announced plans to increase its support of the construction materials industry threefold over current levels with €42billion promised over the next 10 years. Under the plan, 60% of the money would be made up of grants and the remainder as loans to companies operating in the sector and authorities are also to decrease taxation for companies engaged in exploration of deposits of materials used in construction.

boombox1

Highlighted Content

boombox2