Page 27 - TURKRptNov21

4.4 Fixed investment
Izmir Demir Celik (Izdemir/IZDMC) obtained a $75mn 8-year loan from TSKB
(TSKB) with a grace period of two years.
Major Fixed Investment Announcements in Turkey or by Turkish companies abroad
Firm Sector Amount Investment Capacity Location
Ronesans, Sonatrach
2025 (Algeria) Plastics $1.4-1.7bn Polypropylene plant 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
15,000-0.25mn tonnes
2025 Eti Bakir (Cengiz) Copper-Fertiliser TRY1.57bn Plant /year Samsun
2024 Sisecam (SISE) Glass - Architectural glass line 1,000 tonnes/day Kirklareli
2024 Sisecam (SISE) Glass - Soda plant 0.1mn tonnes/year US
2024 Yukselen (YKSLN) Steel TRY60mn Greenfield service center 0.1mn tonnes/year Kocaeli
State Hydraulics Works
2023 (DSI) Agriculture - Underground dams 200 Turkey
2023 Sisecam (SISE) Glass TRY2bn Architectural glass line 1,200 tonnes/day Ankara
Akkuyu nuclear plant
2023 (Russia) Electricity - Preparations for 4th unit - Mersin
Paper machine from Valmet
Q3-2023 Kipas Kagit Paper €90-110mn (Helsinki/VALMT) 650,000/tonnes Aydin
New boiler from Valmet Kahramanm Q3-2023 Kipas Kagit Paper €25-35mn (Helsinki/VALMT) 260 tonnes/hour 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 Hotel - Wyndham Resort Iznik Feradis 120 rooms Bursa
BorusanMannessmann(BR
2023 SAN) Steel $3.5mn Supply-chain optimization - -
Shifting more production to
2023 Benetton (Italy) Ready-wear PLANS Turkey - -
Hayat Kimya (Hayat 9th tissue machine (TM 9) from
Dec-2022 Holding) Paper €135mn Valmet (Helsinki/VALMT) 70,000 tonnes/year Russia
Hugo Boss
2022 (Frankfurt/BOSS) Ready-wear €4mn T-shirt plant 1.5mn/year Izmir
2022 Sisecam (SISE) Glass TRY2bn Auto glass line 750 tonnes/day Ankara
Q4-2022 Aygaz (AYGAZ) LPG $100mn LPG filling plant - Bangladesh
Dec-2022 Kalyon (Karapinar) Electricity - Solar 1.1GW Konya
Dec-2022 Starwood Wood - Fibre preparation line (Andritz/Austria) Bursa
Kastamonu Entegre (Hayat
Dec-2022 Holding) Wood - New MDF line (Andritz/Austria) Balikesir
Dec-2022 Marriott (US) Hotel - 10 hotels 7,000 rooms Turkey
Sep-2022 BIM (BIMAS) Food TRY40mn Biscuit plant - Eskisehir
H1-2022 Kaptan Iron&Steel Steel - Wire rod mill 650,000tonnes/year Tekirdag
H1-2022 Tosyali Port - Second peer 16mn tonnes Hatay
Q2-2022 Habas Steel - Wire rod mill 0.5mn/year Izmir
27 TURKEY Country Report November 2021 www.intellinews.com