Şişecam decides to invest 114 million dollars

Şişecam

Şişecam announced its decision to invest in three new coated glass lines in Turkey, Italy and Bulgaria, with a total capacity approaching 20 million square meters. The investment plan includes Şişecam’s flat glass plant under construction in Tarsus and the flat glass plants in Northern Italy and Bulgaria. With these investments, Şişecam aims to meet the increasing need for coated glass in the flat glass industry, maintain its competitive edge through improved operational efficiency and an expanded product range, and create added value for all stakeholders by increasing the share of value-added products in its production volume.

As part of these investments, which are planned to be operational in 2025, Şişecam will invest in a coated glass line with an annual capacity of 7 million square meters at the flat glass production facility under construction in Tarsus. In addition, Şişecam will invest in a coated glass line with an annual capacity of 6.5 million square meters at its flat glass plant in Northern Italy and a coated glass line with an annual capacity of 6 million square meters at its flat glass plant in Bulgaria. Şişecam will invest a total of 114 million dollars for these 3 new lines. With the realization of the new coated glass lines, the number of Şişecam’s glass coating lines will reach seven worldwide. As a result of these investments, Şişecam’s coated glass capacity, which is currently 22 million square meters with an average product mix of 4 different lines, is expected to double to 42 million square meters.

Şişecam

Prof. Dr. Ahmet Kırman, Chairman and Managing Director of Şişecam, said the following about the new investment decision: “With each rational investment decision we make, we gain new strengths and capabilities. This investment decision to meet the increasing need for coated glass in the flat glass industry will almost double Şişecam’s coated glass production capacity. While strengthening our leadership in the architectural glass market in Turkey, it will also facilitate our ability to reach a wider customer network in the global market, including the US, with greater competitiveness. These investments, which will increase the share of value-added products in our total production volume and improve our product portfolio, will also help Şişecam manage its supply network more flexibly and increase operational process efficiency.”

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