Şişecam has announced its decision to invest USD 114 million in three new coated glass lines. These cutting-edge lines with a total capacity of almost 20 million square metres will be located in Turkey, Italy and Bulgaria.
As part of the investments planned to commence operations in 2025, the company will invest in a coated glass line with an annual capacity of 7 million square metres at its flat glass production facility under construction in Tarsus, Turkey. Additionally, Şişecam will invest in a coated glass line with an annual capacity of 6.5 million square metres at its flat glass facility in Northern Italy. Şişecam will also invest in a line with an annual capacity of 6 million square metres at its flat glass facility in Bulgaria.
These investments, totalling USD 114 million including working capital requirements, will bring the total number of Şişecam’s glass coating lines to seven worldwide. The objective is to elevate Şişecam’s existing coated glass capacity, currently around 22 million square metres based on an average product mix across four different lines, to approximately 42 million square metres through these strategic investments.
Dr. Ahmet Kirman, Şişecam’s Chairman and Executive Member of the Board of Directors, said, “Each strategic investment we undertake enhances our ability to grow and progress. Our most recent decision, aimed at addressing the rising demand for coated glass within the flat glass sector, marks a significant milestone. This initiative 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.”