[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English

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Material Event Disclosure General
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Update Notification Flag
Hayır (No)
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Hayır (No)
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Date Of The Previous Notification About The Same Subject
-
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Hayır (No)
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Announcement Content
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Explanations
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Our Board of Directors has taken 2 important investment decisions in order to turn the process gasses, that occured as a result of  the efficient usage of the process gasses and  increasing production capacity, into electric energy.  Within this scope, a new Gas Holder  and a new Generator with a 30 MW capacity will be invested.

The bidding process for the Gas Holder has been completed and the contractor company is specified. The bidding process for the Generator investment is ongoing.

Together with these investments, our company intends to reduce the energy cost of the unit production by converting the waste gasses which is generated in the process, and also increasing the internal coverage ratios. On the other hand, it's also aimed to protect the environment  with natural resource usage.  With the investment planned to be completed in 2019, approximately  40 Mio TRY/Year will be economised with current price levels.

Respectfully submitted.


This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.