Trakya Cam to build $120 mln glass factory

Turkish glass manufacturer Trakya Cam Sanayi will build a $120 mln (92.1 mln euro) float glass factory in Turkey, the company said on February 3, 2005.

The company informed in a statement to the Istanbul Stock Exchange (IMKB) that it would be its fifth float line in the country and that the line would have a capacity of 220,000 tonnes a year.
The factory is planned to go operational in the second half of 2006.

Istanbul-based Trakya Cam said in late 2004 that it would invest a total $170 mln (130.5 mln euro) in two glass factories in Bulgaria. Its Bulgarian subsidiary Trakya Glass Bulgaria EAD will build a $110 mln (84.5 mln euro) float glass factory and a $60 mln (46.1 mln euro) glass tableware factory.

600450 Trakya Cam to build $120 mln glass factory
Date: 4 February 2005

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