Kocaer Çelik has decided to stop production in its A2 factory on a planned basis between April 24 and May 20 in order to put its new machinery and equipment into operation in its production facilities. The company's statement to KAP is as follows:
“We have shared with the public before that we have determined our investment strategies as renewable energy investments and new value-added product investments in order to realize our company's growth targets in the coming years. Focusing especially on special steel profile products, which are difficult and limited in production in the world, our company increased its value-added product sales from 33.1% in 2021 to 42% in 2022. In line with our goal of raising this rate even further, a planned stop will be made between April 24, 2023 and May 20, 2023 at our A2 factory in order to carry out our planned A2 factory revisions and to commission new machinery and equipment on production lines. With the production planning in the second half of the year after the stop, the annual targeted production and shipment amount will be reached.
Our company aims to further increase its global competitiveness and exports with our value-added production amount, which will increase after the revision investments we will make using the latest technology for the production of new value-added products in our Aliağa A2 factory.”