Şişecam announced financial results for the first three months of 2025. In the three-month period, Şişecam’s consolidated net sales totalled TRY 45 billion. International sales- comprising the total of exports made from Türkiye and sales from production facilities outside Türkiye- accounted for 63 percent of consolidated sales. Şişecam’s total investments in the same period amounted to TRY 7.7 billion while exports totalled USD 230 million. Şişecam produced 1.3 million tonnes of glass, 1.1 million tonnes of soda ash, and 0.8 million tonnes of industrial raw materials in the same period.
Commenting on the first three months of 2025, Şişecam CEO, Can Yucel, said, “The first quarter of 2025 emerged as a period where global risks and uncertainties have once again increased. In particular, the escalating trade tensions between the United States and China, and the potential impact of tariffs on Europe and many other countries, carry the potential to disrupt the entire global supply chains.
“A figurative dust cloud has risen over global trade. Visibility has decreased and uncertainty has been raised as an issue once again. At Şişecam we generate 12 percent of our total sales through our manufacturing operations in the U.S. And 8 percent of our exports are directed to the U.S. market. Therefore, we are closely monitoring these developments.
“However, even during this turmoil, we continue to act with composure and a strategic perspective, without losing our focus. Because we know that this dust will eventually settle. When that moment arrives, the landscape before us will be much clearer. At that point, we will not only be able to define risks more effectively, but we will also step into a new phase, one where we can seize emerging opportunities with greater strength.”
Highlighting that production performance remained stable in the first three months and that capacity utilisation was preserved while efficiency-focused projects gained momentum, Yucel added, “The strategic steps we have taken in digitalisation and sustainability reflect our dedication not only to navigating the present, but also to shaping the future. Thanks to the flexibility provided by our geographical diversity, we are not only spreading risks but also effectively tapping into the potential of different markets.
“For instance, the recently announced additional tariff obligations that vary by country may offer us cost-based advantages in our international sales operations, as a company with production in multiple geographies. This robust structure ensures that no single development can significantly impact our overall performance.
“Today, Şişecam is focusing on the future more strongly than ever. We are not just solving today’s problems; we are also moving forward with the goal of becoming the leader of tomorrow. We are well-prepared to face challenges, empowered by our experience, capabilities and unwavering determination.”