10,025.05 TRY BIST 100 BIST 100
35.62 USD USD USD
36.90 EUR EUR EUR
4.93 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
38.60 TRY Interest Interest
79.77 USD Fossil Oil Fossil Oil
30.52 USD Silver Silver
4.28 USD Copper Copper
104.31 USD Iron Ore Iron Ore
350.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,120.62 TRY Gold (gr) Gold (gr)

Eti Alüminyum starts production of special alumina

Eti Alüminyum started to work for the production of special alumina used in strategic sectors, especially in the defense industry.

Eti Alüminyum starts production of special alumina
Eti Alüminyum is preparing to implement an important investment in order to increase domestic production. Eti Alüminyum pressed the button for the production of special alumina used in strategic sectors, especially in the defense industry. Thanks to the new facility it will establish, it will be operational in the third quarter of this year. Within the scope of the investment, with the 'Ground Alumina Unit' to be added to the aluminum production facility in Konya Seydişehir, special alumina, which is completely imported in our country, will start to be produced in Turkey for the first time. With the new investment, it is planned to reach an annual production capacity of 40 thousand tons of special alumina. 
Pointing out that after Eti Alüminyum was acquired by Cengiz Holding from the Privatization Administration in 2005, an investment of more than 700 million dollars was made, Mehmet Arkan stated that the Turkish market has a volume of 25 thousand tons in the special alumina developed entirely by Turkish engineers and that this market has a growth potential of 5 percent every year. Stating that the production of special alumina is a revolution for the Turkish defense industry, Arkan continued: "With this important investment, we will not only meet the special alumina needs of our country and decrease its dependence on foreign countries; at the same time, we will increase our competitive power and increase Turkey's export power in aluminum."

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

EGA's (Emirates Global Aluminum) US plant expansion project reaches an important stage

Wednesday, January 22, 2025

Oman's stock market closed its third week higher

Tuesday, January 21, 2025

Famous automotive brand chooses Egypt for investment over Türkiye

Tuesday, January 7, 2025

Dubai building materials prices fluctuate in the third quarter of 2024

Thursday, December 26, 2024

Yıldız Entegre ranked third in Anatolian 500

Wednesday, December 11, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now