Page 29 - TURKRptDec21

4.4 Fixed investment
Major Fixed Investment Announcements in Turkey or by Turkish companies abroad
Firm
Sector
Amount
Investment
Capacity
Location
2027
Sisecam (SISE)
Glass
$4bn
Soda plants with Ciner (WeSoda; New York/CINR)
10mn tonnes/year
US
2025
Ronesans
Petrochemicals
$1.4-1.7bn
Polypropylene plant (Honeywell/Nasdaq/HON; Sonatrach/Algeria; Stolt-Nielsen/Oslo/SNL; SPIE/US/FRANCE; LyondellBasell/New York/LYB; Tecnicas Reunidas/Madrid/TRE; Ravago/Belgium)
0.45mn tonnes/year
Adana
2025
Ronesans
Port
-
New port at polypropylene plant
Stolthaven (Australia)
Adana
2025
Sisecam (SISE)
Glass
€210mn
2 furnace glass plant
0.33mn ton/year
Hungary
2025
Eti Bakir (Cengiz)
Copper-Fertiliser
TRY1.57bn
Plant
15,000-0.25mn tonnes /year
Samsun
2024
Socar Turkey
Oil
Star Refinery
Capacity increase
11.5mn tonnes/year
Izmir
2024
Sisecam (SISE)
Glass
-
Architectural glass line
1,000 tonnes/day
Kirklareli
2024
Yukselen (YKSLN)
Steel
TRY60mn
Greenfield service center
0.1mn tonnes/year
Kocaeli
2023
State Hydraulics Works (DSI)
Agriculture
-
Underground dams
200
Turkey
2023
Sisecam (SISE)
Glass
TRY2bn
Architectural glass line
1,200 tonnes/day
Ankara
Q1-2023
Sisecam (SISE)
Glass
€84mn
5th glass packaging furnace
0.155mn tonne/year
Eskisehir
2023
Akkuyu nuclear plant (Russia)
Electricity
-
Preparations for 4th unit
Assystem (Paris/ASY)
Mersin
Q3-2023
Kipas Kagit
Paper
€90-110mn
Paper machine from Valmet (Helsinki/VALMT)
650,000/tonnes
Aydin
Q3-2023
Kipas Kagit
Paper
€25-35mn
New boiler from Valmet (Helsinki/VALMT)
260 tonnes/hour
Kahramanm aras
Jun-2023
Izdemir (IZDMC)
Steel
$100mn
Billet plant expansion
1.4mn tons
Izmir
Q1-2023
Turksat
Telecom
-
New satellite launch
Turksat 6A
-
Q1-2023
Atakas Celik
Steel
$100mn
Capacity increase
0.7mn tonnes/year
Hatay
2023
Wyndham (New York/WH)
Hotel
-
Wyndham Resort Iznik Feradis
120 rooms
Bursa
2023
BorusanMannessmann(B
Steel
$3.5mn
Supply-chain optimization
-
-
RSAN)
2023
Benetton (Italy)
Ready-wear
PLANS
Shifting more production to Turkey
-
-
2022
TOGG
Automotive
TRY3.5bn
Electric vehicle plant
-
Bursa
2022
TPAO
Natural Gas
-
Black Sea gas field
Saipem (Milan/SPM), Schlumberger (New York/SLB), Subsea 7 (Oslo/SUBC), John Wood Group (London/WG)
Black Sea
2022
Valeura (Toronto/VLE; London/VLU)
Natural Gas
$100mn
Thrace basin gas field
drilling
Thrace
2022
Aksa Akrilik (AKSA)
Textile
$28mn
Acrylic fibre yarn
7,500 tonnes/year
Yalova
Dec-2022
Enerjisa
Electricity
-
Wind
68 MW
Kayseri
Dec-2022
Hayat Kimya (Hayat Holding)
Paper
€135mn
9th tissue machine (TM 9) from Valmet (Helsinki/VALMT)
70,000 tonnes/year
Russia
29 TURKEY Country Report December 2021 www.intellinews.com