A new investment of 1 billion TL from Şişecam

Giving the good news of two new investments worth 4 billion TL in September in flat glass and auto glass fields in Turkey, Şişecam decided to invest in a new glass packaging furnace worth approximately 1 billion TL (84 million Euros) in Eskişehir.

According to the statement made by Şişecam, Şişecam continues its investments that add value to Turkey without interruption. Şişecam’s new furnace investment with an annual capacity of 155 thousand tons in Eskişehir, where glass packaging production is carried out with four furnaces, is expected to be completed and put into operation at the beginning of 2023.

The investment, which is aimed to increase the global glass packaging production capacity of the company to 3.2 million, will provide input to many sectors by producing colorless and green glass packaging.

Şişecam Chairman of the Board Prof. Dr. Ahmet Kırman said that Şişecam, which continues its investments with the aim of becoming one of the three largest producers in the world in its main fields of activity, has access to the world glass industry in business lines covering all basic areas of glass such as flat glass, glassware, glass packaging, glass fiber and automotive glass, as well as soda and chromium compounds. He stated that he is one of the leading players in the direction.

Indicating that they continue to promote investments that add value to Turkey, Kırman said:

“Today, we operate with our 22 thousand employees in 14 countries on four continents, and bring our innovative products to our customers in more than 150 countries. We are the second largest producer of glassware and the fifth largest producer of glass packaging and flat glass in the world. In addition, we are the eighth largest soda producer in the world and in chromium chemicals. Today, we are operating in the field of glass packaging, where we have announced our new investment plan, with a total of 10 production facilities in 4 countries. In September this year, Şişecam gave the good news of two new float investments of 4 billion TL in the field of auto glass and flat glass in Turkey. With this latest investment move in the field of packaging, the amount of new investments announced for Turkey has increased to 5 billion TL.”

“OUR GLOBAL GLASS PACKAGING PRODUCTION CAPACITY WILL REACH 3.2 MILLION TONS”

prof. Dr. Ahmet Kırman emphasized that Şişecam is a very strong player with its annual glass packaging production capacity reaching 2.6 million tons in Turkey, Russia, Ukraine and Georgia.

Reminding that they took an important step to strengthen their presence in the European market in the field of glass packaging, with the new green-field facility investment with an annual production capacity of 330 thousand tons in Hungary, which they decided to realize in June, Kırman said: With our new facility investment, which we aim to start operations in 2023 and reach full capacity by 2025, our global glass packaging production capacity, which will exceed 3 million tons, will reach 3.2 million tons with our final investment decision in Eskişehir.” used the phrases.

Kırman stated that the increased capacities will enable them to respond to the accelerated glass packaging demand in line with the increasing health and hygiene awareness during the global epidemic process.

Underlining that Şişecam continues to grow in line with its high-performance investment policy with the aim of becoming one of the three largest producers in the world in its main fields of activity, Kırman said, “The Turkish glass packaging market has a high potential with its high growth rate compared to the world average and glass packaging consumption per capita that has not reached saturation. “While per capita glass consumption in Western Europe reaches 45 kilograms, this consumption remains at 18 kilograms in Turkey. This is an important indicator of the growth potential of the Turkish glass packaging market.” made its assessment.

“WE SEE HIGH GROWTH POTENTIAL IN GLASS PACKAGING”

Şişecam Chairman of the Board Prof. Dr. Ahmet Kırman said that the Turkish glass packaging market, which has largely preserved its current volume in 2020 despite the epidemic, will be affected by the relaxation of the new type of coronavirus (Kovid-19)-related measures in the second half of 2021, the opening of the hotel, restaurant, cafes (HORECA) channel to a large extent and the development of tourism. stated that it followed a positive course with its positive effect.

Expressing that the market is expected to grow rapidly in 2021, Kırman said:

“The expectation of a decrease in the effectiveness of Chinese manufacturers in the US market, the continued growth of the European market and Şişecam’s being one of the preferred suppliers in Europe indicate that the export potential is even higher. With the fifth furnace investment, the increased production capacity and advanced technology infrastructure, It will strengthen Eskişehir’s status as a glass packaging production base.

In addition to being a strategic glass packaging production base, Eskişehir stood out as the right location for our new investment in line with its market access potential. Our new investment, which will enable us to respond quickly to the domestic market demand, will also offer advantages in terms of evaluating the additional sales demands that may occur abroad. We plan that the new furnace, which is planned to be commissioned in the first quarter of 2023, will provide input to many sectors, especially beverage and food packaging, in the domestic and export markets.


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Source: bigpara- GÜNDEM by bigpara.hurriyet.com.tr.

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