Ciner Group to invest 1.9 billion TRY in its plant in Ankara

The glass production facility in Sincan will produce glass bottles

Ciner Glass Maden Kimya Sanayi Ticaret A.Ş has invested 1 billion and 905 million TRY in a glass production facility in Sincan, Ankara, as reported by the July investment incentives list of the Ministry of Industry and Technology, published in the Official Gazette of the Republic of Turkey.

With the investment, the company will produce a total of 237,250 tonnes of glass bottles annually.

In January, 2021, 1.2 billion TRY was invested by Park Cam, one of the companies of Ciner Group, into the glass factory in Bozüyük, Bilecik, which was also included in the scope of investment incentives.

After getting the incentive investment to produce 2.8 billion glass bottles annually and employ an additional 100 people, the green light was given for construction.

Gürsel Usta, CEO of Ciner Group said, “We have two furnaces in Bozüyük for glass packaging, and now we are building the third one. Its investment has started, and it will start operating before the second half of next year. We have acquired all the necessary permissions for our two 650 tonnes furnaces in Ankara, the investment is about to start. This, also, is approximately 260 million EUR worth of investment.”