SISE Turkiye Sise ve Cam Fabrikalari A.S.

Sısecam Calls The Soda Ash Industry For Collaboration

Sısecam Calls The Soda Ash Industry For Collaboration

Sisecam Shares Its Strategic Goals in Soda Ash at the World Soda Ash Conference

Sisecam, a global player in the glass and chemicals industry, participated in the World Soda Ash Conference held in Malta from October 9-11, 2024. Sisecam’s CEO, Görkem Elverici, shared the company’s growth journey in soda ash and called on industry representatives to collaborate on common goals.

ISTANBUL, Oct. 14, 2024 (GLOBE NEWSWIRE) -- As one of the world’s top three soda ash producers, Sisecam came together with key industry leaders at the World Soda Ash Conference, where it was the event’s foundational sponsor. During the conference, Sisecam CEO Görkem Elverici outlined the future potential of the soda ash industry and presented Sisecam’s strategy for steering the sector towards sustainable growth. He highlighted the company's growth journey and strategic targets in soda ash, emphasizing the importance of collaboration among industry players.

In his speech, Görkem Elverici emphasized the significant growth potential of soda ash: “Soda ash is expanding its applications beyond traditional industries like glass and detergents, finding new uses in high-tech sectors such as automotive due to the rising demand for lithium batteries. Looking ahead, we foresee sustainable growth in the soda ash market. We estimate that global soda ash demand, currently at 66 million tons, will rise to 83 million tons by 2030. Furthermore, the shift toward natural soda ash, which offers sustainability advantages, will alter the growth dynamics in the sector. Sisecam is strengthening its presence in this area through strategic investments and capacity expansions.”

Elverici continued, “Sisecam is a key player in the global soda ash market, thanks to our extensive production network, robust supply chain, and sustainability practices. In addition to being recognized as one of the world's top three soda ash producers, we also rank among the top five in soda ash consumption. This demonstrates our strong and privileged position in the soda ash value chain. By focusing on operational excellence and resource efficiency, we are enhancing our production and distribution capacity, while placing a strong emphasis on customer-driven innovation. However, as an industry, we must also develop eco-friendly solutions such as reducing water usage and recycling wastewater to ensure a sustainable future. I believe we can collaborate with our industry partners on initiatives like the transition to green energy, the development of efficient business models, and the collective use of logistical resources. This joint effort will allow us to reduce costs, lower carbon emissions, and take more sustainable steps forward. I encourage all stakeholders to unite in building a sustainable, innovative, and resilient soda ash industry."

A photo accompanying this announcement is available at



Contact:
Ayşegül Akyarlı
 
EN
14/10/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Turkiye Sise ve Cam Fabrikalari A.S.

Egor Fedorov ... (+2)
  • Egor Fedorov
  • James Wilson

EM Credit Spark/EM credit and trade ideas update

A week of geopolitical activity, with investor focus squarely on the highly anticipated talks in Alaska between the US and Russian presidents. While an eye will remain on any further developments in the peace process, this week will also see the focus shift to Jackson Hole with expectations building for a September rate cut.

 PRESS RELEASE

Sisecam’s Consolidated Net Sales Reached 101 Billion TL in the First H...

Sisecam’s Consolidated Net Sales Reached 101 Billion TL in the First Half of the Year Sisecam, a global player in the glass and chemicals industries, achieved consolidated net sales of 101 billion TL for the first half of 2025. During this period, international-comprising exports from Türkiye and sales from production facilities outside Türkiye - accounted for 62% of total sales. The company’s total investments reached 14.6 billion TL, while exports amounted to 483 million USD. ISTANBUL, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Sisecam announced its financial results for the first half of 2025...

Egor Fedorov ... (+2)
  • Egor Fedorov
  • James Wilson

EM Credit Spark/EM credit weekly

The trade war de-escalation has offered some breathing space for investors and driven positive sentiment, but we expect headline volatility to continue. Much of the focus will also be on geopolitical developments. In this report we have reviewed a large number of Turkish non-financial corporates, added the idea to buy SGLSJ'29 and closed the idea to buy WE SODA.

 PRESS RELEASE

Sisecam’s net sales amounted to 45 billion TRY in the first three mont...

Sisecam’s net sales amounted to 45 billion TRY in the first three months of the year Sisecam a global player in its sector, achieved consolidated net sales of TRY 45 billion in the first three months of 2025. The Company’s international sales represented 63% of its total sales. During the same period, Sisecam reported total investments of TRY 7.7 billion and exports amounting to USD 230 million. ISTANBUL, May 13, 2025 (GLOBE NEWSWIRE) -- Sisecam announced financial results for the first three months of 2025. In the three-month period, Sisecam’s consolidated net sales totaled TRY 45 bil...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch