GÜBRETAŞ proceeds on its way with the vision to become "a giant and a leading company in Turkey and establish itself as a well-known brand in the world".  In order to reach this objective, it has adopted the investment strategy in the countries having raw material resources; and in 2008, the consortium, led by GÜBRETAŞ, has purchased Iran's Razi Petrochemical Company. Being the largest industrial investment ...

The Turkish chemicals industry has been active for several decades, providing many basic and intermediate inputs to various industries due to its geostrategic importance. The industry having a strong export potential employs more than 81,500 people mainly young and talented workforce in around 4,000 companies. The industry, 70% dependent on import ( import just 1,9 % from the Netherlands, ranking 14th)   of ...

Turkish chemical sector's exports up Chemical sector's exports increased 21.73 percent to 1.3 billion USD in February 2012 when compared to February 2011. Chemical sector became the second sector which made the highest export of Turkey after automotive sector, according to Istanbul Chemical Materials & Products Exporters' Association. The export of the sector sector rose to 2.7 billion USD in January-Fe ...

Turkey’s news incentive scheme in planning will favor certain sectors like automotive, chemicals, aerospace and electronics so as to improve local production in critical industries, according to Turkey’s Minister of Economy, Zafer Caglayan. Caglayan, speaking at the Turkish-South Korean CEOs Meeting organized by Turkey's Foreign Economic Relations Board (DEIK), called for improved and more balanced trade be ...

After making a mark in December, investments in the chemical industry in Turkey appear to be extending into the New Year. Following announcements of investments by both Dow and Aditya, another mega firm, the USA’s Huntsman has purchased EMA Kimya. One of the most in demand sectors in Turkey by foreigners, the chemical industry, has seen move after move made by mega global firms over the past month. Now, fou ...

Turkey could cease chemical imports -- expected to reach $2 billion this year -- from France amid an ongoing political dispute with that country, Murat Akyuz, head of the Turkish Chemical Sector Platform (KSP), told Today's Zaman on Monday in Istanbul, adding that the French side had confused political issues with bilateral trade. Akyuz was speaking at a press meeting where he evaluated the latest developme ...

A new joint investment by Turkey's leading carbon fiber producer, Aksa, and America's Dow Chemical Co. at a total value of $1 billion in the western province of Yalova is expected to strengthen the country's hand in global carbon fiber markets and make it a strategic provider of carbon fiber products, participants at a press conference to announce the investment in İstanbul on Tuesday stated. Observers char ...

Turkey has a fast developing industry and chemicals are widely used in this country. There are a lot of companies involved in importation of chemicals into Turkey. Due to the perception of risk on global basis however,  there certainly is a slowdown situation in the sector as with all other segments in the economy. Winters are not the best time for chemical business anyway but the stagnancy in question at t ...

Chemicals are indispensable to modern life and the development of the chemical industry has helped to raise the standard of living, which is an indicator of the level of industrialization in a country. Chemical industry products contribute significantly to growth in other industrial sectors. Turkey has been manufacturing chemicals for very long time, being a producer of many basic and intermediate chemicals ...