9,347.17 TL BIST 100 BIST 100
31.01 $ USD USD
€33.67 EUR EUR
43.42 TL Interest Interest
83.25 $ Fossil Oil Fossil Oil
22.62 $ Silver Silver
3.88 $ Copper Copper
121.11 $ Iron Ore Iron Ore
394.00 $ Ship Dismantling Ship Dismantling
2,023.50 TL 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."


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

Green steel cooperation with Salzgitter Flachstahl GmbH and Octopus Energy!

Wednesday, February 21, 2024

SMS Group and Hasçelik launched a strategic partnership

Wednesday, February 21, 2024

European Commission to fund Germany's decarbonisation efforts with €4 billion

Wednesday, February 21, 2024

Samail industrial city: Driving growth and investment in Oman

Tuesday, February 20, 2024

Concerns about the sale of Celsa's facilities in Europe!

Tuesday, February 20, 2024
Follow List
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