Potential offtaker

OYAK Cement

www.oyakcimento.com

Estimated electricity consumption

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Countries of production presence

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OYAK Cement is a leading cement and aggregates company based in Turkey. The company has a strong presence in the Turkish cement market and is committed to sustainability and decarbonisation. OYAK Cement is a subsidiary of OYAK, which is one of the largest conglomerates in Turkey.

The company operates in the cement and aggregates sector, which is a key industry for the Turkish economy. Cement is used in a variety of construction projects, from building homes and offices to infrastructure projects like roads and bridges. Aggregates, which are small pieces of rock and sand, are used as a base material for concrete and asphalt.

OYAK Cement is committed to decarbonisation and reducing its impact on the environment. The company has implemented a number of initiatives to reduce its carbon footprint, including investing in renewable energy and improving its energy efficiency. OYAK Cement has set ambitious targets to reduce its carbon emissions by 30% by 2030 and to become carbon neutral by 2050.

One of the ways that OYAK Cement is reducing its carbon footprint is through the use of renewable energy. The company has invested in wind and solar power projects to generate electricity for its operations. OYAK Cement has also signed corporate power purchase agreements (PPAs) with renewable energy providers, which allow the company to purchase electricity directly from renewable energy sources.

Corporate energy management is another important aspect of OYAK Cement's sustainability strategy. The company has implemented a number of energy efficiency measures to reduce its energy consumption and improve its operational efficiency. These measures include the installation of energy-efficient lighting and HVAC systems, as well as the use of energy management software to monitor and control energy use.

OYAK Cement has also implemented a number of waste reduction and recycling initiatives. The company has a comprehensive waste management program that includes the recycling of materials like paper, plastic, and metal. OYAK Cement also uses alternative fuels like biomass and waste materials in its cement production process, which helps to reduce its reliance on fossil fuels.

In addition to its sustainability initiatives, OYAK Cement is committed to social responsibility and community engagement. The company has implemented a number of programs to support local communities, including education and training programs, health and safety initiatives, and environmental awareness campaigns.

Overall, OYAK Cement is a leading cement and aggregates company that is committed to sustainability and decarbonisation. The company has implemented a number of initiatives to reduce its carbon footprint, including investing in renewable energy and improving its energy efficiency. OYAK Cement's commitment to sustainability and social responsibility makes it a leader in the Turkish cement industry.