Şişecam is to invest $474 million in two float glass manufacturing facilities
The glass manufacturer confirmed the investment during the official opening of a second furnace at its Ankara, Turkey, flat glass manufacturing facility.
Turkish President Recep Tayyip Erdoğan was in attendance at the lighting ceremony alongside a number of dignitaries including Sisecam Chairman Dr Ahmet Kırman.
Dr Kırman confirmed Şişecam will make two new investments in Turkey with a total value of more than TL 4 billion ($474 million) and said: “In line with our goal of meeting the rapidly rising glass demand in our country and creating sustainable value for all our stakeholders, two new floats for architectural and automotive glass.
“By establishing a brand new facility for the line with a daily capacity of 1200 tons in the field of architectural glass, we will realize one of the five flat glass investments with the highest capacity in terms of ongoing investments in the world.
“Our auto glass float line investment with a daily capacity of 750 tons will be the symbol of Şişecam's vision and technological competencies with its special design and high capacity.
“We are proud of the fact that we have been contributing to our country for 86 years with the investments we have made, the sectors we support the growth of and the employment we provide.”