Turkey, Nov. 17 -- The European Bank for Reconstruction and Development (EBRD) is lending €50 million to Cimsa to finance investment under the company's decarbonisation programme.The proceeds will contribute to the company's investment in a greenfield calcium aluminate cement (CAC) kiln, as well as decarbonisation measures for other existing grey and white cement kilns at Cimsa's plant in Mersin.Cimsa is currently the third largest producer of CAC globally and is committed to expanding its footprint in sustainable building materials. The production of CAC has a significantly lower carbon footprint than traditional grey cement products, making it a promising alternative product in the emission-intensive cement industry.In 2024, the EBR...