# Ispak opens €70m flexible packaging plant in Izmit, Turkey

Turkish packaging maker Ispak Ambalaj has opened a €70 million flexible packaging facility in Izmit. The plant raises the company's annual flexible packaging capacity to 40,000 tonnes and serves European and North American markets. It was reported on 10 May 2017.

- Type: New facility
- Announced: 2017-05-10
- Where: Izmit, Türkiye
- Value: $76.0M (70.0M EUR)
- Status: completed
- Capacity: 40,000 tonnes per year
- Products: flexible packaging, blown film packaging, laminated films
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Ispak Ambalaj](https://endata.com/companies/1423.md)
- [Kibar Holding](https://endata.com/companies/1424.md) (investor)
- [Kibar Holding](https://endata.com/companies/1424.md) (partner)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/ispak-opens-new-70m-flexible-packaging-plant-in-izmit-turkey-5811338/), 2017-05-10: "The €70m facility is designed to produce packaging solutions for food, beverage, pharmaceutical, industrial and tobacco brand owners in Europe and North America."
- [packaging-gateway.com](https://www.packaging-gateway.com/projects/ispaks-flexible-packaging-manufacturing-facility-izmit/), 2017-06-04: "Kibar Holding's subsidiary Ispak Ambalaj opened a new manufacturing and production facility in Asim Kibar Organized Industrial Zone (AKOSB), Izmit, Turkey."

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