reports
Sisecam Acquires Ciner Group's Shares in U.S. Soda Ash Operations
Sisecam Acquires Ciner Group's Shares in U.S. Soda Ash Operations Sisecam’s U.S. Move to Bring Global Leadership ISTANBUL, Dec. 27, 2024 (GLOBE NEWSWIRE) -- Sisecam takes a significant step toward global leadership in soda ash industry by acquiring all shares of its partner Ciner Group in the U.S. soda investments and operations. Sisecam, a global player in the glass and chemicals industries, has taken another significant step toward global leadership in soda ash industry by acquiring all shares of Ciner Group, in Sisecam Chemicals Resources LLC and Pacific Soda LLC in the U.S. ...
- Egor Fedorov
EM Credit Spark/EM credit weekly and trade ideas update
Activity in EM Credit markets finally slowed down in the end of the year – determined more by the normal ‘slow' pre-festive season rather than chaotic trading on the back of unexpected political / geopolitical news. Central banks sent its Christmas cards to the markets with the most important one from the Fed and its cut by 25bp, however, with some bitter taste.
- Egor Fedorov
Sisecam's Nine-Month Net Sales Reach 136 Billion TL
Sisecam's Nine-Month Net Sales Reach 136 Billion TL With production operations spanning 14 countries across four continents and sales in over 150 countries, Sisecam achieved consolidated net sales of 136 billion TL in the first nine months of 2024. During this period, international sales accounted for 59 percent of total sales, while total investments reached 18.6 billion TL and exports amounted to 730 million USD ISTANBUL, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Sisecam announced its financial results for the first nine months of 2024. In this period, consolidated net sales reached 136 billi...
Sisecam Leads a Pioneering Initiative to Shape the Future of the Glass...
Sisecam Leads a Pioneering Initiative to Shape the Future of the Glass Industry: Plant of the Future As a global player in the glass and chemicals industries, Sisecam is launching an innovative platform that will shape the glass production technologies of the future and drive transformation in the sector: Plant of the Future. Standing out with its open innovation model, this platform aims to accelerate transformation together with stakeholders. ISTANBUL, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Sisecam, the only global company operating in all core areas of glass, introduced its Plant of the Fu...
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 Wor...
Sisecam Produces The World’s Lightest Whisky Glass Bottle
Sisecam Produces The World’s Lightest Whisky Glass Bottle Sisecam, the only global company operating in all core areas of glass, has partnered with Johnnie Walker to produce the world’s lightest 70cl handblown Scotch whisky glass bottle ISTANBUL, Oct. 01, 2024 (GLOBE NEWSWIRE) -- As a global player in the glass and chemicals industries, Sisecam continues to develop its innovation capabilities and collaborative culture with its partners. Sisecam has handcrafted the lightest glass whisky bottle for the prestigious whisky brand Johnnie Walker. Johnnie Walker Blue Label Ultra with its exclu...
Sisecam's First-Half Net Sales Reached 86 Billion TRY
Sisecam's First-Half Net Sales Reached 86 Billion TRY With production operations spanning 14 countries on four continents and sales in over 150 countries, Sisecam continues its global operations. In the first half of 2024, Sisecam recorded consolidated net sales of TRY 86 billion. During this period, international sales accounted for 61% of Sisecam's total sales, while the company’s total investments reached TRY 11 billion and exports totaled USD 492 million. ISTANBUL, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Sisecam announced its financial results for the first half of 2024. In this per...
Sisecam's net sales reached TRY 41 billion in the first 3 months of th...
Sisecam's net sales reached TRY 41 billion in the first 3 months of the year Sisecam Reported TRY 4.3 Billion Capital Expenditures in the First 3 Months of 2024 ISTANBUL, June 03, 2024 (GLOBE NEWSWIRE) -- Sisecam is actively pursuing global growth with production operations spanning 14 countries on four continents and sales in over 150 countries. In the first 3 months of 2024, Sisecam recorded consolidated net sales of TRY 41 billion (USD 1.3 billion). In the first 3 months of the year, international sales accounted for 61% of Sisecam’s total sales. Sisecam reported total investments of...
Sisecam’s $1.1 Billion Eurobond Issues Receive Over $3.5 Billion in De...
Sisecam’s $1.1 Billion Eurobond Issues Receive Over $3.5 Billion in Demand High Demand for Sisecam’s Eurobond Issues A global player with production activities spread across four continents in 14 countries, Sisecam has issued a total of $1.1 billion in Eurobonds, consisting of $500 million with a 5-year term and $600 million with an 8-year term, to international funds and financial institutions. These Eurobond issues received demand exceeding $3.5 billion. This marked the highest demand for the largest corporate bond issue in the history of the Republic of Turkey. ISTANBUL, Turkey, A...
Sisecam Reported a Net Sales of TRY 152 Billion in 2023
Sisecam Reported a Net Sales of TRY 152 Billion in 2023 Sisecam announced its financial results adjusted according to inflation accounting for 2023. The global giant, with production activities spread across 14 countries on four continents recorded TRY 152 billion of consolidated net sales for the previous year. International sales accounted for 60% of Sisecam's total sales. Sisecam reported total investments of TRY 21 billion and exports of TRY 31.7 billion. Sisecam Chairman and Executive Member of the Board of Directors Prof. Dr. Ahmet Kırman stated, "We successfully closed a challenging...
- Egor Fedorov
- James Wilson
EM Credit Spark/Trade ideas update
Supply has re-emerged as a key theme to start the year, while sentiment has been mixed amid renewed volatility in core rates. In this environment, we would prefer to be positioned in higher-quality names that have either issued already or shown spread weakness in anticipation of supply.
Sisecam Finalizes Its Partnership Agreement With ICRON
Sisecam Finalizes Its Partnership Agreement With ICRON Sisecam has finalized its partnership agreement with ICRON, a Turkish technology company that provides decision optimization services at operational and strategic levels ISTANBUL, Turkey, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Sisecam Investment B.V., a wholly-owned subsidiary of Sisecam, purchased shares in the Turkish technology company ICRON at the closing general meeting held on January 15, 2024. Sisecam Investment B.V. General Meeting was attended by Sisecam Chairman and Executive Member of the Board Prof. Dr. Ahmet Kırman, Sisecam ...
Sisecam Celebrates its 88th Year Anniversary
Sisecam Celebrates its 88th Year Anniversary Sisecam, a global player in the fields of glass and chemicals, is celebrating its 88th year anniversary ISTANBUL, Turkey, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Sisecam, a global player in the fields of glass and chemicals, is celebrating its 88th year anniversary. Inspired by the visionary leadership of Mustafa Kemal Atatürk, who founded Sisecam, the company leads its industries with innovation and unity striving to excel and make a positive impact every day. The company started its growth journey with a single facility in Turkey and 400 emp...
Chairman of Sisecam, One of The Largest Soda Ash Investors in the USA,...
Chairman of Sisecam, One of The Largest Soda Ash Investors in the USA, Honored With Prestigious Award Sisecam Chairman Prof. Dr. Kirman Presented with 'Glass Person of the Year' Award ISTANBUL, Turkey, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Sisecam, approaching its goal of becoming the world's largest soda ash producer with its investments in the USA, saw its Chairman and Fully Authorized Executive Member of The Board of Directors Prof. Dr. Ahmet Kirman receive the 'Glass Person of the Year' award for his contributions to the development of the global glass industry. This prestigious award –...
Sisecam Reported Investments of TRY 7.1 Billion in the First Half of 2...
Sisecam Reported Investments of TRY 7.1 Billion in the First Half of 2023 Sisecam increased its net sales to TRY 58 Billion in the first half of the year ISTANBUL, Turkey, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Sisecam is actively pursuing global growth with its production operations spanning 14 countries on four continents and sales in over 150 countries. Sisecam recorded consolidated net sales of TRY 58 Billion (USD 2.9 Billion) in the first half of 2023. The share of Sisecam’s international sales accounted for 64% of its total sales. For the first half of the year, Sisecam posted total in...
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