# EBRD provides €15M loan for Akkim's epoxy resin plant in Yalova

The European Bank for Reconstruction and Development provided a €15 million loan to Akkim Kimya to finance Türkiye's first epoxy resin manufacturing plant in Yalova, with an annual capacity of 68,000 tonnes.

- Type: Investment
- Announced: 2023-01-05
- Where: Yalova, Türkiye
- Value: $16.0M (15.0M EUR)
- Status: announced
- Capacity: 68,000 tonnes/year
- Products: liquid epoxy resin, solid epoxy resin, epichlorohydrin
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Akkim Kimya](https://endata.com/companies/67699.md)
- [European Bank for Reconstruction and Development](https://endata.com/companies/20727.md) (investor)

## Sources

- [ebrd.com](https://www.ebrd.com/home/news-and-events/news/2023/ebrd-loan-to-pave-way-for-trkiyes-first-epoxy-resin-facility.html), 2023-01-05: "The proceeds of the loan will enable Akkim to produce liquid epoxy resin (LER), solid epoxy resin (SER) and epichlorohydrin (ECH), with an annual production capacity of 68,000 tonnes."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.