Breaking News: Sisecam Successfully Concludes €20 Million Glass Investment in Georgia, Paving the Way for Unprecedented Growth

by GlassBalkan
0 comment 3 minutes read

Sisecam Completes €20 Million Glass Investment in Georgia, Boosting Production Capacity and Fuelling Economic Growth

In an exciting development for the glass industry, renowned Turkish glass manufacturer Sisecam has successfully concluded a substantial €20 million investment in its Mina facility located in Georgia. This strategic move has not only bolstered the facility’s glass production capacity but also marked a significant milestone in Sisecam’s global expansion. With the integration of cutting-edge glassmaking technologies, Sisecam is poised to meet the growing demand for glass packaging in Georgia and the surrounding region.

A New Era of Production Begins

Following meticulous renovations, the state-of-the-art second glass packaging furnace at Sisecam’s Georgia facility has commenced operations, heralding a new era of glass production. On June 20, the inaugural batch of products was ceremoniously unveiled, signifying the completion of the furnace upgrade.

Sisecam’s CEO’s Visionary Remarks

At the momentous ceremony, Sisecam CEO Görkem Elverici expressed his satisfaction with the investment and shed light on the company’s longstanding commitment to Georgia. Elverici highlighted how Georgia was chosen as Sisecam’s first investment destination outside of Turkey 26 years ago, marking a pivotal moment in the company’s expansive global production network. With a presence in 14 countries across four continents, Sisecam operates 45 facilities and continues to contribute significantly to Georgia’s economy through ongoing investments, production activities, and employment opportunities.

Expanding Capacities for Unprecedented Growth

The enhanced glassmaking furnace has boosted its production capacity by an impressive 50%, fueling Sisecam’s overall glass packaging production capacity in Georgia with a substantial 25% increase. This remarkable progress positions Sisecam to respond even more swiftly to the region’s burgeoning glass packaging demands, reinforcing its commitment to delivering superior products and services.

Distinguished Attendees at the Ceremony

The ceremony was graced by the presence of esteemed individuals, including Levan Davitashvili, Deputy Prime Minister and Georgian Minister of Economy and Sustainable Development, along with Ali Kaan Orbay, further emphasizing the significance of this investment for the local economy and fostering fruitful partnerships.

Sisecam’s Ongoing Impact in Georgia

Sisecam’s journey in Georgia began with an initial annual production capacity of 18,000 tons, which has now substantially increased to an impressive 75,000 tons. As the sole glass manufacturer in the country, Sisecam remains committed to delivering glass packaging solutions in various volumes and captivating colors, catering to the water, mineral water, alcoholic and non-alcoholic beverage, and food industries. With its presence in Georgia, Sisecam has created employment opportunities for 250 dedicated professionals, further contributing to the country’s economic development.

Conclusion

Sisecam’s €20 million investment in its Mina facility in Georgia signifies a landmark achievement for the company’s global expansion plans. By leveraging cutting-edge glassmaking technologies and expanding production capacities, Sisecam is poised to meet the escalating demand for glass packaging in Georgia and the surrounding region. This strategic move not only reinforces Sisecam’s commitment to excellence but also positions the company as a key driver of economic growth, employment generation, and technological advancement in Georgia.

Source: Şişecam with additional information added by GlassBalkan

You may also like

Leave a Comment

By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Accept All Cookies Cookies Policy