Swiss packaging maker Aluflexpack AG has acquired an 80% share in Teko Aluminyum, which produces aluminum for manufacturing and aluminum caps for dairy and beverage sectors. The deal value was not stated.
Uhde Inventa-Fischer, a thyssenkrupp Uhde subsidiary, signed a contract to build three polymer plants for SASA Polyester in Adana, Turkey, including PET, Co-PET and MTR resin production lines. The announcement is dated 22 February 2022.
Mondi developed Monocorr Boxes with fully recyclable corrugated inserts for Turkish heating equipment maker Warmhaus, replacing EPS foam packaging. The packaging is recyclable in Turkey and supports Warmhaus exports to the EU.
Starlinger will supply its recoSTAR PET 215 iV+ food-grade PET recycling system to Başatlı Boru Profil in Kocaeli Province, Turkey, with operation planned from April 2022. The system produces up to 2,400 kg of food-safe rPET per hour.
Valmet will supply an OCC line, three stock preparation lines and an OptiConcept M container board making line to Kıvanç Tekstil's mill in Adana, Turkey. Start-up of the new PM 1 is scheduled for Q4 2023; the order value was not disclosed.
Park Cam approved a new investment at its Bozüyük glass packaging facility in Turkey to commission a third furnace, raising daily production capacity from 1000 to 1500 tons per day.
Turkish HVAC maker Üntes, with Italian partner Rhoss, has started building an extra 8,000 m² of production space at its chiller group factory in Ankara Saray to raise output of air-cooled chillers.
Turkish polyethylene film maker Bareks, part of Bakioğlu Holding, completed a new factory and an MDO blown film line in Izmir to increase production capacity and export from Menemen Free Zone.
Mauser Packaging Solutions is investing in new equipment at its Gebze facility, adding a plastic drum line due for completion in Q4 2021 and an IBC blow molding machine in early 2022.
FAF Valve Company commissioned a new Japanese automatic molding line that started operating in the third quarter of 2021. The line is expected to triple casting capacity for 2022 and improve surface quality.
Huhtamaki is acquiring Elif, a Turkey and Egypt based supplier of sustainable flexible packaging, for GBP 350 million, expanding its flexible packaging footprint into Turkey.
Mondi completed the acquisition of a 90.38% stake in Olmuksan International Paper Ambalaj from International Paper for 66 million euros on June 1, 2021. The implied enterprise value on a 100% basis is about 88 million euros.
Constantia Flexibles has signed an agreement to acquire 100% of Turkish flexible packaging maker Propak Ambalaj from Yıldız Holding's Gözde Girişim for EUR 120 million, subject to legal approvals.
Voith Paper won an order from Modern Karton to build and deliver a complete high-speed PM 6 paper machine for recovered corrugated containerboard base paper in Turkey. The line will produce up to 640,000 metric tons per year.
Japan's Ebara Corp has closed its acquisition of Turkey's Cigli Su Teknolojileri AS and its subsidiaries Vansan Makina Sanayi ve Ticaret AS and Vansan Makina Montaj ve Pazarlama AS. The completion was reported on 2021-04-01.
Turkish firm ESKA has built a TRY 120 million factory on a 20,000 square metre site in Sakarya that makes gas pressure regulators and safety valves, with capacity of 3 million units and exports to over 40 countries. The company plans a third factory in 2021.
I.P. Container Holdings, majority shareholder of Olmuksan, signed a share purchase agreement with Mondi Corrugated for 90.38% of Olmuksan for EUR 66.4 million, per Bloomberg HT reporting.
Mondi agreed to acquire a 90.38% stake in Olmuksan International Paper Ambalaj, a listed Turkish corrugated packaging producer with five plants, from International Paper for €66 million, with completion expected in the first half of 2021.
EBARA Corporation signed an agreement to acquire 100 percent of the shares of Vansan, a leading Turkish pump manufacturer that exports about 70 percent of its output to more than 70 countries.
Turkish film producer Polibak has purchased two BOBST EXPERT K5 2450mm metallizers with AlOx GEN II and AluBond processes to raise metallizing capacity. The first machine is already in production and the second will be installed next year.
Bundy, a maker of heat transfer and cooling components for refrigeration units, is setting up a new production plant in Manisa province, Turkey, as part of a $3.4 million investment, to meet rising global demand.
Atılım Ambalaj has broken ground on a new factory in the Bolu Organized Industrial Zone to produce food stretch film. Production is targeted for 2021 at about 1,300-1,400 tonnes per year.
Italian elevator maker Omarlift unveiled its Smart Hydraulic Pump Unit with Electronic Valve at a launch event on August 5, 2020, at its Ankara factory in Turkey.
thyssenkrupp's plant engineering business won a second order from Turkish packaging producer KÖKSAN to build a PET plant next to an existing line in Gaziantep. The plant will double site capacity to 432,000 tons of PET resin per year, with completion planned for 2022.
Turkey's industry minister said Bosch will invest an additional 500 million lira at its Bursa plant to start producing next-generation high-pressure pumps, adding 292 jobs. The government's project support decision was published in the Official Gazette.
Fives will supply new process and transfer Cryomec LABS and NLL centrifugal pumps to Turkish steelmaker Diler Demir Çelik for its air separation unit plant. The pumps will be manufactured at Fives' workshop in Allschwil, Switzerland.
ANDRITZ received an order from MOPAK Kagit Karton to rebuild paper machine PM3 at its Dalaman mill, the first stage of a multi-stage project raising mill capacity to 500,000 t/a, with start-up scheduled for Q1 2021.
Rotork won an order for nearly 100 CK modular electric actuators to control penstocks at wastewater treatment plants for the Ergene Basin Deep Marine Discharge Project, linking Tekirdag and Istanbul to the Marmara Sea.
Mondi Kalenobel developed a recyclable polypropylene mono-material film replacing a multi-material laminate for Unilever's Knorr dry soup powder in Turkey. The packaging has been introduced to the Turkish market for selected Knorr designs.
ÜNAL Sentetik Dokuma won TRY 7,190,400 of a tender by Türkiye Kömür İşletmeleri for 15 million laminated polypropylene coal sacks, with Abdioğulları Plastik taking the remainder. The award was reported on December 22, 2019.
Kaplamin Ambalaj, a Çukurova group packaging company, installed a second Fujifilm/Inca Onset X1 digital printing platform at its Prigo Digital Solution Center near Izmir, Turkey. Digital corrugated board output of 40,000 m2 per month has doubled and is expected to reach 100,000 m2 per month.
Saica Group has signed an agreement to acquire Norm Ambalaj's plant in Sakarya, Turkey, which employs 159 people and adds 75 million square meters of corrugated board capacity. The deal is subject to Turkish antitrust approval.
Turkey's Competition Board placed Nidec Corporation's acquisition of sole control of Whirlpool's compressor unit Embraco under final examination, a decision dated 20 December 2018 and announced 16 January 2019. The deal is suspended until a final decision.
Koenig & Bauer agreed to take over 80 per cent of folder gluer maker Duran Machinery's business in Istanbul, integrating it as Koenig & Bauer Duran.
NIBE Industrier AB signed an agreement to acquire 51% of the EMIN Group, a 340-employee maker of fluid coupling systems with operations in Turkey and Serbia, with a call option on a further 29% in 2025. Completion is expected in eight weeks, subject to Turkish competition approval.
Adhesive maker Mavera Kimya in Kayseri, Turkey, has invested in Pressure Sensitive Adhesive production, upgraded a production line to raise speed, and plans to start making adhesives not currently produced in Turkey. Its capacity has reportedly doubled.
Beele Engineering is supplying sealing systems for the Turkish section of the Trans Anatolian Natural Gas Pipeline (TANAP), which is under construction. The systems seal cable penetrations in regulator and compressor stations, and TEFKEN is the engineering, procurement and construction contractor.
Polibak, a subsidiary of Bakioğlu Holding, signed a contract with Brückner for the largest BOPP film production line in Turkey, with 10.4m line width and output over 7,400 kg per hour, boosting its capacities by 40%.
Turkish film producer Polibak signed a contract with Germany's Brückner to build the largest BOPP film production line in Turkey in Izmir, expected to raise its nameplate capacity by 40% to 180,000 tons/year by Q3 2019.
Turbine Technologies AAEM, a joint venture of Atomenergomash and GE, signed an agreement with Alstom Power Systems for main steam turbine equipment for each conventional island of the Akkuyu nuclear plant. Deliveries are scheduled annually from 2021 to 2024. Reported November 23, 2017.
The Pratt & Whitney Turkish Engine Center, a joint venture of Pratt & Whitney and Turkish Technic, signed a up to five-year EngineWise service agreement with Turkish Airlines covering its V2500 and CFM56-7B engine overhauls. The announcement was dated 1 November 2017.
thyssenkrupp Industrial Solutions' subsidiary Uhde Inventa-Fischer signed a contract with SASA Polyester Sanayi to build a PET plant with 380,000 tpy capacity in Adana, Turkey, reported 30 November 2017.
Polinas, a Yildiz Holding film manufacturer, acquired Propak, a Turkish converter of flexible packaging for snacks, confectionery and nuts, with MP Corporate Finance advising the sellers. The deal's value was not disclosed.
Prinzhorn Holding unit Hamburger Containerboard plans a 300 million euro paper factory on about 500,000 square metres in Kütahya 2nd Organized Industrial Zone, with 500 jobs and production expected in 2020.
Petrofac secured a €340 million engineering, procurement and construction contract with South Stream Transport BV, a Gazprom subsidiary, to build onshore pipelines and a gas receiving terminal near Kiyikoy, Turkey. The terminal is due for commercial operation in December 2019.
Turkish flexible packaging maker Korozo Ambalaj signed stock transfer and partnership agreements with private equity firm Actera Group. The transaction awaits Turkish Competition Authority approval.
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.
The European Bank for Reconstruction and Development (EBRD), together with Esas Holding and Actera, has acquired a majority stake in Korozo Ambalaj, a Turkish flexible packaging producer. The deal includes a USD 1 million Clean Technology Fund loan to reduce waste. It was reported on 10 May 2017.
The EBRD, private equity firm Actera and Esas Holding are acquiring a majority stake in Korozo Ambalaj, a Turkish flexible packaging producer that is building a new facility in Corlu, Tekirdag.
The EBRD, private equity investor Actera and Esas Holding are acquiring a majority stake in Korozo Ambalaj, Turkey's leading flexible packaging producer. The deal includes a US$1 million Clean Technology Fund loan, and Korozo is building a new plant in Çorlu, Tekirdağ.