Turkey launches cement investigation

Turkey’s competition authority Rekabet Kurumu has announced an investigation of three Antalya-based cement companies following a sharp rise in cement and ready mixed concrete prices. According to the authority, cement prices have gone up by 50%, while ready mixed concrete prices have risen 40% in the last two months. The names of the companies involved in the investigation have not been released.

April 2, 2012 Read time: 1 min

Turkey’s competition authority 4683 Rekabet Kurumu has announced an investigation of three Antalya-based cement companies following a sharp rise in cement and ready mixed concrete prices. According to the authority, cement prices have gone up by 50%, while ready mixed concrete prices have risen 40% in the last two months.

The names of the companies involved in the investigation have not been released.

Quarry Products

For more information on companies in this article

Rekabet Kurumu

Aggregates use in Turkey on the increase

Turkey has a wealth of stone deposits and its internal aggregates consumption is expected to rise in line with increased development. Lisa Russell reports. Turkey is very lucky in terms of its geology, according to Ozgur Ozturk, who is raw materials manager at Akçansa and represents the Turkish Aggregates Producer's Association (AGÜB) at the European Aggregates Association (UEPG). "There are so many kinds of geological formations and outcrops - it is possible to find any kind of rock in Turkey," he said.