Commencing operations in 1972, Çimsa is an international cement and building materials company that has grown continuously by distinguishing itself in the industry. The Company boasts 45 years of experience, business conduct that respects people and the environment, customer-oriented approach, a broad product range and innovative products.
Çimsa operates in the cement and building materials industry with integrated plants in Kayseri, Mersin, Eskişehir, Kayseri, Niğde and Afyonkarahisar; a grinding facility in Ankara; Marmara terminal; Malatya Cement Packaging facility; ready-mixed concrete facilities organized under four ready-mixed concrete regional directorates; and an international cement terminal.
Producing gray cement in addition to specialized products such as white cement and calcium aluminate cement, Çimsa is the innovation leader in its sector in Turkey. Çimsa Mersin facility is the only plant in the world that produces three products (white cement, calcium aluminate cement, and gray cement) under one roof.
One of the world’s top white cement brands, Çimsa is an international cement manufacturer with terminals in Hamburg (Germany), Trieste (Italy), Seville and Alicante (Spain), Famagusta (TRNC), Constanta (Romania), and Novorossiysk (Russia). Thanks to this extensive organization, the Company is capable of marketing its products to 65 countries under the Çimsa brand. The Cement Research and Application Center located at the Company’s Mersin Plant, the first and only of its kind in Turkey, develops specialized products tailored to customer needs using Çimsa products. In 2016, the Center developed a visual language under the “Name of the Formula” umbrella. A groundbreaking application in the industry, this service embodies the Company’s innovative approach. Rather than providing single-product portfolios, Çimsa offers high value-added products that are tailored meticulously to each industry’s needs and that possess performance qualities that meet the unique requirements of these sectors.
With its market-centered approach and extensive distribution network, Çimsa responds to customer needs in a comprehensive and timely manner. As a reliable business partner to its stakeholders, the Company provides the materials necessary for building living spaces and infrastructures that will last for generations to come.
After the new cement factory in Afyonkarahisar, which will have an annual production capacity of 1.5 million tons of clinker, the second largest company investment is underway in Eskişehir. The USD 55 million capital investment project at Çimsa Eskişehir Factory commenced in Q4 2015. With the completion of this project in Q1 2017, Çimsa Eskişehir Factory’s First Production Line, which currently manufactures only gray clinker, will be modified to a convertible line that can produce both gray and white clinker. The Eskişehir Factory currently has a total annual gray clinker production capacity of 1.4 million tons. Thanks to this investment, the plant’s First Production Line will gain the flexibility to manufacture gray clinker or white clinker in response to global market conditions. The facility will have the capacity to produce 415,000 tons of white clinker per annum.
Çimsa solidified its position as one of the industry’s leading companies with a strong performance in 2016. Çimsa’s clinker production capacity and ready-mixed concrete sales stand at 5.5 million tons and 2.8 million cubic-meters, respectively, as of year-end 2015. Çimsa’s sales revenue in 2016 was TL 1,170 million, of which TL 344 million is from exports.
Sustainability constitutes an important dimension of Çimsa’s business strategy. The Company’s primary goal is to generate value for its stakeholders pursuant to a financially profitable business model in harmony with the environment that respects the human element. To this end, Çimsa takes heed of social, environmental and economic performance projections as much as financial performance expectations in the decision-making processes of its investments, applications, and product and service development efforts. Accordingly, sustainability targets are associated with corporate responsibilities and included in the systems to monitor related performance indicators, in effect becoming a part of the sustainability management system.
As part of sustainability performance, Çimsa Eskişehir Factory’s cafeteria building received LEED Platinum certification. Thanks to this award, Çimsa became the first green building certification holder in the Turkish cement industry.
Çimsa’s Sustainability Reports, published annually, are shared with the general public via a dedicated website (www.cimsadasurdurulebilirlik.org) that serves as a model and a reference point for the entire industry. Çimsa directed USD 11 million of investment – out of total capital investment of USD 195 million in 2016 – to various sustainability efforts, led by the environment and occupational health and safety.
Çimsa is the first and only member of the World Business Council for Sustainable Development (WBCSD)’s Cement Sustainability Initiative (CSI) from Turkey. A signatory to the United Nations Global Compact, the Company also signed the United Nations Women’s Empowerment Principles (WEP). In addition, Çimsa is a participant in the Carbon Disclosure Project (CDP), an initiative developed by the international investor community to combat climate change. As part of this effort, Çimsa publishes its climate change-related efforts and related performance annually in the CDP Climate Change report. As a result of its successful performance in the CDP Turkey 2016 reporting period, Çimsa received the grade of A- and was deemed worthy of Turkey Climate Leaders Awards. Çimsa broke more new ground in the cement industry with this award.
Çimsa continues to raise its corporate standards in Occupational Health and Safety constantly. Kayseri Plant’s successful performance was recognized with a first-place prize at the Cement Industry Employers’ Union’s traditional Cement Industry Occupational Health and Safety Performance Awards in 2016. In addition, Çimsa Silifke Ready-Mixed Concrete Facility and Çimsa Çukurhisar Ready-Mixed Concrete Facility won the first-place and second-place prizes, respectively, at the Blue Helmet Safety at Work Contest organized by the Turkish Association of Ready-Mixed Concrete.
Çimsa won an award for the second time at the 15th Respect to People Awards organized by Kariyer.net in order to highlight and share with the public the successful human resources practices in Turkey. Çimsa received an award in the “Distinguished HR Projects” category at the People Management Awards organized by the People Management Association of Turkey (PERYÖN) in order to recognize innovative and successful human resources management applications and to embrace best practices.
Çimsa shares are listed on Borsa Istanbul with a free float of 41.5% as of December 31, 2016.