Şişecam, a major player in the glass and chemicals industry, is making a strategic investment of $114 million in three cutting-edge coated glass lines.
These lines will be built in Turkey, Italy, and Bulgaria, and will have a combined capacity of almost 20 million square meters.
With the global demand for coated glass on the rise, the company’s decision to invest in these new lines is not only a significant milestone but also a smart business move. By enhancing operational efficiency and diversifying its product range, Şişecam aims to increase the proportion of value-added products in its production, providing its customers with even better quality products.
Furthermore, these investments will strengthen the company’s position in Turkey’s architectural glass market and enhance global competitiveness, allowing Şişecam to reach even more customers. Additionally, the flexible supply chain management provided by the new lines will enable the company to better meet the increasing demand for coated glass from its customers.
Overall, Şişecam’s investment in these new coated glass lines is a forward-thinking strategy that will boost its production capacity in this sector to approximately 42 million square meters, nearly doubling its current production level of 22 million square meters. It is a clear indication of the company’s commitment to growth and progress, and its dedication to providing high-value products to its customers.
Source:Şişecam with additional information added by GlassBalkan