Şişecam Group Investment in Glass Fiber Production Facility

The land allocation agreement for Şişecam Group's glass fiber investment, which will have an annual production capacity of 70,000 tons, was signed in the Balıkesir Organized Industrial Zone (BOSB). The signing ceremony was attended by Şişecam Group Deputy Chairman and General Manager Prof. Dr. Ahmet Kirman, Balıkesir OSB Board Chairman and Balıkesir Governor Ersin Yazıcı, Balıkesir Metropolitan Municipality Mayor Ahmet Edip Uğur, Balıkesir Chamber of Industry President İsmail Uğur, Balıkesir Chamber of Commerce President Fahri Ermişler, Şişecam Chemicals Group President Burhan Ergene, and Composite Manufacturers Association President Şekib Avdagiç.

Prof. Dr. Ahmet Kırman, Deputy Chairman and General Manager of Şişecam Group, emphasized that Şişecam Group continues to create value for Turkey by growing through new investments, partnerships, and acquisitions, stating, ”Our Group, established in 1935 with the mission of establishing and developing the glass industry in our country, has reinvested its gains in our country over the past 80 years and has become a leading player in its field globally. Today, with the awareness that the fundamental duty of established institutions in the challenging period our country is going through is to continue investing and producing with determination, we have decided on yet another new investment. We have confidence in Türkiye and believe that we need to work together more than ever before.’.

Stating that they have made a strategic investment decision in the field of glass fiber, which is a basic input for the locomotive sectors of our country, Kırman explained the reasons for making the investment in Balıkesir Organized Industrial Zone as follows:

“As a group, we considered three main criteria when determining the province where we would invest. We made our decision based on an evaluation of criteria that are important to us, such as proximity to raw materials, proximity to our customers, and logistical advantages. As a result of our evaluations, we preferred to make our investment in the Organized Industrial Zone in Balıkesir due to its proximity to raw materials and our customers, as well as the logistical opportunities it offers. Kaolin and boron, the main raw materials we will use in production, are located in Balıkesir. Balıkesir stands out with its logistical advantages, as it is close to the Istanbul-Izmir highway and the high-speed rail line, and has railway connections to both Bandırma and Aliağa ports.”