In 2023, Turkish cement prices rose, and downstream concrete products also rose, stimulated by the earthquake. In 2023, the national output is expected to exceed 81 million tons, a record high.
2023, Turkey produced a total of 67.024 million tons of cement, an increase of 10.52% over the same period last year. Following the sharp decline in cement production last year, the national output is expected to exceed 81 million tons in 2023, a record high.
CEMPI
133.77
+0.03 +0.02%
CONCPI
112.35
-0.15 -0.13%
CLKPI
141.57
+0.39 +0.28%
SPPI
50.58
-0.05 -0.10%
MORPI
80.53
+0.10 +0.12%
Adani is also a big man in the Indian cement industry and is the second largest cement producer in India. He entered the industry in 2022 with the acquisition of Holcim's cement business in India, which acquired about 70 million tons of cement per year for $10.5 billion. Adani plans to expand its annual cement production capacity to 140 million tons by 2028. Adani has previously invested $1.6 billion to acquire Sanchi Cement and Penna Cement, and is expected to acquire an additional 21 million tons of production capacity.
