Turkey: Sisecam to invest EUR 263m in new Plant in Bulgaria (update)

Trakia Glass Bulgaria, the local arm of Turkish glass and chemicals group Turkey Sise ve Cam Fabrikalari (Sisecam), will double the output of its Targovishte plant through 2010, investing USD 415 mln (EUR 263m), Turkish prime minister Recep Tayyip Erdoğan announced at the ribbon-cutting ceremony for four of the existing production units, Dnevnik a.m. reports.

Sisecam has three glass plants in the Targovishte area, manufacturing four types of products. A USD 75 mln household glassware factory was launched in July 2005. The flat glass unit of the plant went into operation in February the following year. The tempered and mirror glass plants launched in late 2006.

Click bellow to read the entire article.

600450 Turkey: Sisecam to invest EUR 263m in new Plant in Bulgaria (update) glassonweb.com

See more news about:

Others also read

Şişecam Flat Glass Introduced its Solar Energy Glasses at Intersolar
As the leader of the plate glass market in Turkey, and the largest manufacturer in Europe, Şişecam Flat Glass took its place at Intersolar with its cutting-edge products.
Şişecam Flat Glass participated in the 2nd Advanced Materials in Construction Summit
Keeping energy efficiency in the forefront Şişecam Flat Glass participated in the 2nd Advanced Materials in Construction Summit held in Berlin with its state-of-the-art products.
Şişecam Group strengthens its position in India
Şişecam bought a further 49.8% stake in HNG Float Glass Limited, its flat glass manufacturer affiliate in India, for 85.4 million US Dollars.
Şişecam Group acquires its second flat glass manufacturing facility in Italy
One of the global players of the glass industry, Şişecam Group has completed its acquisition process of Sangalli Vetro Manfredonia facility.
Prof. Ahmet Kırman
Şişecam Group reported consolidated net sales of TL 3.1 billion and a net profit of TL 569 million in the first quarter ended March 31, 2018. The Group's consolidated EBITDA reached TL 907 million for the same period.

From industry

Is Kuleleri, Kule: 2, Kat: 22, 4. Levent
34330 Levent-Istanbul/İstanbul
Turkey

Add new comment