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oda_MaterialEventDisclosureGeneralAbstract|
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Evet (Yes)
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Hayır (No)
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03.11.2021
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Hayır (No)
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Pursuant to our public disclosure dated 03/11/2021, our 5th furnace investment with a gross production capacity of 198K Tons/year in our Eskişehir Glass Packaging facility was ignited on 28/03/2024. This new 145 Million USD-furnace investment holds importance in our Company's goals to meet the increasing demand in the upward trending glass packaging market and to ensure further operational efficiency. Upon the furnace commissioning, our Turkey-based total gross glass packaging production capacity has reached to 1.9 Million Tons/year with 13 furnaces operating in 3 facilities, and our global gross glass packaging production capacity has increased to 3.3 Million Tons/year. Thanks to this new furnace investment, our Eskişehir facility has become the world's largest glass packaging facility with 5 furnaces and 24 lines on a single site and an additional employment opportunity will be provided for 127 people. Additionally, following the completion of the cold repair at our Glassware facility in Eskişehir with an investment of approximately 29 Million USD on 28/03/2024, our gross production capacity for glassware in Eskişehir has reached approximately 190K Tons/year. With our new investment in the glassware industry, an additional employment opportunity will be provided for 246 people. As a result of these investments, Şişecam's production facility in Eskişehir has become the largest integrated glass production point in the world with an approximate consolidated gross capacity of 1 Million Tons/year in the glass packaging and glassware industries. The relevant press release can be found attached. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail. |
We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.