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English
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oda_PartialOrCompleteSuspensionOrImposssibilityOfOperationsAbstract|
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oda_UpdateAnnouncementFlag|
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Hayır (No)
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oda_CorrectionAnnouncementFlag|
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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-
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_AnnouncementContentSection|
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oda_NatureOfSituationOccured|
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Suspension of production due to a malfunction in the Hydrocracker Unit of the Fuel Oil Conversion Plant
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oda_InformationAboutOperationsSupendedOrBecameImpossible|
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It was decided to suspend production for 4 weeks in the Hydrocracker Unit and a production suspension in Coker Unit after the first two weeks for optimization purposes.
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oda_ReasonOfSuspensionOrImpossibilityOfOperations|
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Malfunction
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oda_DecisionDateOfAuthorizedBodyIfExits|
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-
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oda_ValidityDateOfSuspensionOrImpossibilityOfOperations|
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19 August 2022
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oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalProductionOfCompany|
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Production reduction of approximately 257 thousand tons is expected.
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oda_EffectOfSuspensionOrImpossibilityOfOperationsOnTotalSalesOfCompany|
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Reduction in production will be met by imports, a significant impact on total sales is not expected.
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oda_ShareOfPartiallySuspendedOperationsInTotalProductionAndSalesOfCompany|
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1% reduction is expected in total annual production.
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oda_NumberOfPersonnelWhoseEmploymentContractsWereOrWillBeTerminated|
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None
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oda_TotalAmountOfSeveranceAndTerminationPaysThatWasOrWillBePaid|
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None
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oda_PrecautionsTookIntoConsiderationByCompanyManagement|
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-
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oda_ConditionsRequiredForGoingIntoOperationAgain|
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Completion of works to rectify malfunction
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oda_ExpectedDateToBeginOperations|
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15 September 2022
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oda_EffectsOnContinuityAssumptionOfCompany|
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Not expected to have an impact
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oda_ExplanationSection|
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oda_AdditionalExplanationTextBlock|
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In order to rectify the malfunction in the Hydrocracker Unit of the Fuel Oil Conversion Unit of the Izmit refinery, according to the current maintenance plan, it has been decided to suspend production for 4 weeks in the Hydrocracker Unit (August 19 – September 15) and in the Coker Unit, after the first two weeks of the suspension, for optimization purposes. During the suspension of production, diesel production in the Izmit refinery will continue by using all other unitsat full capacity, and a significant impact on the final sales volume is not expected as it is planned to compensate for the decrease in production with imports. Within this context, this interruption of production is not expected to have a significant impact on the Forward Looking Expectations for 2022, which was announced to the public on August 15, 2022. On the other hand, an EBITDA loss of approximately 110 million USD may come to the fore due to the decrease in production. |
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.