Sanko Holding, Turkey, has announced plans to invest US$150 million to increase production capacity at the Bartin cement plant.
Adil Konukoglu, Sanko’s chairman, revealed that the investment will cover new infrastructure as the company looks to more than double the plant’s capacity from 300 000 to 800 000 tpa.
Preliminary studies have been finalised and Konukoglu believes an improvement in exports will be evident over 2011 – 2012; ‘the bleak atmosphere in the markets is slowly dispersing, and we are making preparations in this regard,’ he said. The new project will also create 60 new employment vacancies in various departments.