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Anadolu Cam builds furnaces in Russia

Sisecam subsidiary Anadolu Cam is currently undertaking a USD 132 million investment in the Krasnodar region of Russia to build two furnaces with an annual production capacity of 0.24 million tonnes. …

Sisecam subsidiary Anadolu Cam is currently undertaking a USD 132 million investment in the Krasnodar region of Russia to build two furnaces with an annual production capacity of 0.24 million tonnes. The furnaces are expected to become operational in 2008 and 2009. In a separate note, Sisecam announced that its subsidiary Pasabahce Cam mandated brokerage house Is Yatirim to auction its site in the Beykoz district of Istanbul.

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