Şİşecam to found joint venture with biotechnology company 7CBasalia

Şişecam aims to disseminate Basalia Technology globally as a game-changing solution for sustainability

Şişecam, a global player in glass and chemicals, announced plans to invest in Basalia Technology, a groundbreaking solution in the green and circular economy space and a significant Turkish innovation in bioeconomics. This decision marks Şişecam’s first-ever investment in biotechnology.

Şişecam signed a memorandum of understanding to found a global joint venture with 7CBasalia, the owner of Basalia Technology which was developed to make the world more sustainable. Upon establishment of the global enterprise set forth in the protocol under the Şişecam-7CBasalia partnership, Şişecam will further test the innovative technology, which has already registered positive results, first in its own facilities as part of a pilot project. After evaluating the outputs of this testing effort, Şişecam will ensure that 7CBasalia’s circular business model – which turns waste into added value products – reaches across the globe.

Şişecam’s Chairman of the Board of Directors, Prof. Dr. Ahmet Kırman, said, “We saw that Basalia Technology yielded positive results in our initial testing. We believe that this solution will mark a revolutionary breakthrough in the emerging field of bioeconomics. We signed a memorandum of understanding with 7CBasalia, a biotech start-up, to found a global joint venture in order to help develop and disseminate this technology globally.

“Şişecam will bolster R&D efforts in this key area with its investment in Basalia Technology, a solution that recycles all sorts of wastes and turns them into harmless substances and value-added products. In addition, we will significantly contribute to the international dissemination of this technology, which closely aligns with our sustainability goals, after implementing it as a pilot project at Şişecam and seeing its results on a larger scale. Having production activities in 14 countries and reaching 150 countries with its value-added products, Şişecam is the point of origin and the global representative for the Turkish glass industry.

“Note that glass is the world’s most sustainable material. Şişecam, with its new investment will play an active role in the global distribution of Basalia Technology, which we believe will give a huge boost to sustainability.”

Ahmet Başal, the inventor of Basalia Technology and one of the founders of 7CBasalia, added, “This innovative system stops wastes from being an environmental problem and turns them into eco-friendly value-added products. Thanks to Basalia Technology, wastewater is rendered reusable, while solid waste that is combined with organic waste is first made harmless. The next step is the generation of hydrogen, an eco-friendly source of energy.

“Basalia provides solutions to companies that face waste problems while also working in conjunction with city and national governments to develop Green City projects. As a leader of corporate R&D operations in Turkey, Şişecam will play a major role in the further development of this innovative solution with its strong know-how and advanced capabilities in technology development.

“I am certain that this unprecedented innovation will rapidly spread across the world, with the assistance of the expansive global footprint of Şişecam, which has production operations in 14 countries worldwide and reaches 150 countries with its products.”