Aşkale Çimento Company Profile

Background

Aşkale Çimento, established in 1968, commenced operations in 1971 as a public enterprise in Aşkale, Erzurum. Privatized in 1993, it was acquired by ERÇİMSAN Holding. Over the years, the company has expanded its footprint, operating cement factories in Trabzon, Van, Gümüşhane, Erzincan, Bilecik, and Samsun, along with multiple ready-mixed concrete plants across Turkey. Aşkale Çimento is committed to producing value for all stakeholders through operational excellence, human-centric approaches, environmental responsibility, and unwavering ethical standards.

Key Strategic Focus

Aşkale Çimento's strategic objectives encompass:

Business Excellence: Implementing long-term, realistic planning to achieve high performance and continuous improvement.

Investing in People and Sustainability: Enhancing employee competencies through development programs and adopting sustainable environmental, social, and ethical practices.

Profitable Growth: Expanding product and service offerings to reach new customers in diverse geographies.

Innovation & Digitalization: Integrating technology and digital platforms to enhance efficiency and manage risks.

Cash Management: Prioritizing effective cash management to navigate economic fluctuations and crises.

Financials and Funding

In 2023, Aşkale Çimento's subsidiary, Kavçim Çimento San. Ve Tic. A.Ş., received the "Company with the Highest Export Increase" award from the Çimento, Cam, Seramik ve Toprak Ürünleri İhracatçıları Birliği (ÇCSİB). This recognition underscores the company's significant growth in export activities.

Additionally, Aşkale Çimento advanced 30 positions to rank 334th in the "ISO Top 500 2023 List" of Turkey's largest industrial enterprises, reflecting its robust financial performance and strategic growth initiatives.

Technological Platform and Innovation

Aşkale Çimento has been a pioneer in energy efficiency within the cement sector. The company operates a 7.5 MW facility at its Aşkale plant, generating energy from waste heat. This initiative has led to a reduction of approximately 138 million tons of CO₂ emissions. Furthermore, the company has obtained the IREC International Renewable Energy Certificate, affirming its commitment to sustainable energy practices.

Leadership Team

Lütfü Yücelik: Chairman of the Board

Fatih Yücelik: Chief Executive Officer (CEO) and Board Member

Emrah Özdemir: Head of Corporate Risk Management and Audit Committee

Doç. Dr. Burak Kürkçü: Strategy, Human Resources, and Corporate Communications Assistant General Manager

Cuma Teke: Financial Affairs Deputy General Manager

Efkan Hayati Eroğlu: Technical Assistant General Manager

In February 2024, Furkan Sağlam was appointed as the Marketing and Sales Chief. Having been with the company since 2000 in various sales and marketing roles, Sağlam brings extensive experience to his new position.

Competitor Profile

Market Insights and Dynamics

The Turkish cement industry has experienced fluctuations in domestic sales, with a notable decline between 2017 and 2019, followed by a recovery. Exports have steadily increased, accounting for 27% of total sales by 2022. The industry faces challenges such as high energy costs and regulatory interventions.

Competitor Analysis

Key competitors in the Turkish cement market include:

OYAK Çimento: A major player with multiple plants and a focus on energy efficiency projects.

Çimsa Çimento: Known for its diverse product range and international presence.

Limak Çimento: Engaged in various infrastructure projects and expanding its market reach.

These companies, along with Aşkale Çimento, contribute to a competitive landscape characterized by technological advancements and strategic expansions.

Strategic Collaborations and Partnerships

Aşkale Çimento has engaged in strategic collaborations to enhance its market position and operational capabilities. Notably, the company partnered with Energy Pool Türkiye to implement waste heat recovery systems, leading to significant energy savings and environmental benefits.

Operational Insights

Aşkale Çimento's strategic initiatives, including investments in energy efficiency and sustainable practices, have strengthened its market position. The company's commitment to innovation and environmental responsibility differentiates it from competitors, providing a competitive edge in the industry.