[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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At the BoD meeting of Şişecam, it has been decided to invest in a new sand preparation facility with 490K tons/year production capacity in Tarsus, with the aim of ensuring sustainable raw material supply with the start of new flat glass investments to be taken online in 2025. It has also been decided to make a 165 K ton/year capacity increase in limestone and dolomite processing facility in Mersin.

With the realization of new flat glass and frosted glass investments in Tarsus, it is aimed to ensure close and sustainable resources for production processes and eliminating the potential risks arising from the supply chain. Accordingly, the new sand preparation facility investment is planned to have 490K tons/year production capacity. Production capacity of Mersin dolomite limestone processing facility is expected to reach 655K tons/year after the realization of capacity increase investment.


Total cost of the investments is anticipated as approximately 1.5 Billion TRY (82 Million USD), and both investments are aimed to be completed towards the end of 2024.


The relevant press release can be found attached.