[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
oda_UpdateAnnouncementFlag|
Update Notification Flag
Evet (Yes)
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Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
26.07.2023
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Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
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Explanations
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As part of our company's new product development strategy, regarding the Ultra High Molecular Weight Polyethylene (UHMWPE) product developed as a result of our R&D efforts; it was announced to the public that a decision had been made to invest in a new production facility under the Mithra brand, starting with a capacity of 350 tonnes/year and gradually increasing to 500 tonnes/year, and to approve an investment budget of approximately 20 million US dollars.

The production line for this investment has been successfully commissioned, and commercial and sample shipments have commenced.

Submitted to the public information.

Yours Respectfully,


Material Disclosure Announcement has been prepared in Turkish and in English. In case of any discrepancy between the two versions, Turkish disclosure will prevail.