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Hayır (No)
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Hayır (No)
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Due to the excessive increase in raw material prices and the shrinkage in our market, our company will reduce capacity by 20% in production activities starting from August 16, 2018.
Our Company which has 315 tons/year of the World's largest and Turkey's only acrylic fiber manufacturing plant has reached the rate of about 98.6% capacity utilization during last five years of activity. Our company aims to reach full capacity production again with the elimination of uncertainty. The public disclosure will be announced as of the full capacity production is reached.
Submitted to the public information. Yours Respectfully
Material Disclosure Announcement has been prepared in Turkish and in English. In case of any discrepancy between the two versions, Turkish disclosure will 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.