Turkish glassmaker Şişecam is to build a frosted glass furnace and processing line in Mersin, Turkey.

It will establish a second frosted glass furnace and processing line on the same land where it is building a new flat glass line in Mersin province.

Şişecam’s new frosted glass furnace will operate with a capacity of 600 tons per day and along with an energy glass processing line with a capacity of 20 millionm2 per year in the Tarsus Organized Industrial Zone (OIZ).

The total investment worth will be approximately TL 3.4 billion ($193 million), including working capital.

With its new investment, Şişecam said its aims to close the supply gap that may arise in the energy glass sector and to contribute to the country's economy by utilising export opportunities.

It also aims to consolidate its leadership position in the Turkish energy glass market, to seize export opportunities and to further strengthen its competitive position.

Şişecam Chairperson and Managing Director Ahmet Kırman said despite the increased energy costs, the cost of electricity generation from solar energy has decreased and the sustainability sensitivity of the global arena has increased which offers new opportunities to glass industry.

"We believe this investment will contribute to Şişecam's strategy of producing value-added products focused on sustainability and the country's economy.

"When the investment reaches full capacity, it will reach €120 million euros ($122 million) in annual sales revenue, it will direct approximately 30% of its sales volume to export markets and it will create more than 1,000 jobs,” he said.