Turkey’s Sisecam to invest $190 mln in Russian plant

Date: 18 February 2009
Source: Reuters

Date: 18 February 2009

A unit of Sisecam (SISE.IS), a Turkish glass manufacturer owned by Is Bankasi (ISCTR.IS), said on Monday it plans to build a sheet-glass factory in RussiaThe investment will be worth between $180 million and $190 million, Cem Kozlu, the head of a Turkish-Russian business group, said separately at a news conference.Trakya Cam (TRKCM.

IS), a Sisecam unit, has signed an agreement with the government in Russia’s Tataristan region to carry out feasibility tests on building the plant, according to a Trakya Cam filing with the stock exchange.

600450 Turkey’s Sisecam to invest $190 mln in Russian plant glassonweb.com

See more news about:

Others also read

Şişecam will participate in the International Solarex Istanbul Fair, taking place at Istanbul Expo Center from April 10-12, 2025.
Şişecam, a global player in the glass and chemicals industries met with its investors at its 89th Annual General Assembly to share its financial and operational results.
Şişecam will showcase its sustainable and innovative glass packaging products to industry professionals.
With production operations spanning 14 countries across four continents and sales in over 150 countries, Şişecam achieved consolidated net sales of 186 billion TL in 2024.
Celebrating its 90th anniversary this year, Şişecam will bring together leading representatives of the global glass industry at the 39th Şişecam International Glass Conference.
Şişecam has become a strategic member of the research and technology membership organisation Glass Futures.

Add new comment

From industry

İçmeler Mah. D-100 Karayolu Cad. No:44A,
34947 Tuzla,/İstanbul
Turkey