Şişecam plans to invest $114 million dollars in three coated glass lines.
The lines will have a collective capacity of nearly 20 million m2 and be located in Turkiye, Italy and Bulgaria. Operations are set to commence in 2025.
Şişecam said it aimed to address demand for coated glass within the flat glass sector.
It will invest in a coated glass line with an annual capacity of 7 million m2 at its flat glass production facility under construction in Tarsus, Turkiye.
It will also invest in a coated glass line with an annual capacity of 6.5 million m2 at its flat glass facility in Northern Italy, while its facility in Bulgaria will be boosted with a line of 6 million m2.
The investment will increase the total number of its glass coating lines to seven globally and boost its total coated glass capacity to 42 million m2.
Prof. Dr. Ahmet Kırman, Şişecam’s Chairman and Executive Member of the Board of Directors said the investment will almost double Şişecam's production capacity for coated glass.
“While strengthening our leadership in the architectural glass market in Turkey, it will also facilitate our access to a broader customer base globally with higher competitiveness.
“These investments will elevate the share of high-value products within our total production volume and augment our product portfolio.
"Additionally, the investments will facilitate Şişecam in achieving a more flexible management of its supply chain, leading to heightened operational efficiency.”
