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Investments:

Şişecam continues its capacity expansions at full speed

“We have completed another major investment project with the launch of our new flat glass furnace, which is equipped with technology in line with Industry 4.0. With this new investment, our Polatlı facility now has an annual production capacity of 540,000 tons. As a result, this facility has become one of the largest flat glass production bases in Europe. Currently, Şişecam has a total flat glass production capacity of 3.4 million tons per year," Professor Ahmet Kırman, Şişecam Vice-Chairman and CEO, stated.

As a global industrial enterprise that operates in all core areas of glass production, including flat glass, glassware, glass packaging and fibre glass, along with business lines comprising soda and chromium compounds, Şişecam continues its investments at full speed. Şişecam has added yet another major investment to its production portfolio in Turkey: A second furnace with annual capacity of 240,000 tons at its flat glass manufacturing facility in the Polatlı district of Ankara. This investment aims to expand the Company's production capacity in line with higher demand in the domestic market. Şişecam's new furnace, with an investment cost of about 130 million US dollars, was commissioned on October 2, 2020 following the firing ceremony.

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In his remarks on the new investment, Ahmet Kırman also stated that the company continues its investments without interruptions despite the uncertainty caused by the global pandemic and focuses on creating value for the economy. Kırman added: “We have commissioned significant additional capacity at Polatlı for our domestic market, in line with our strategic investment plans. We aim to create value for all our stakeholders with future investments in line with our sustainable growth targets.”

www.sisecam.com.tr