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Sisecam's net sales reached TRY 41 billion in the first 3 months of the year
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 TRY 4.3 billion (USD 136 million) and exports of USD 262 million in the same period.
Sisecam announced financial results for the first 3 months of 2024. In the three-month period, Sisecam's consolidated net sales totaled TRY 41 billion (USD 1.3 billion). International sales – comprising the total of exports made from Türkiye and sales from foreign production – accounted for 61% of consolidated sales. Sisecam's total investments in the same period amounted to TRY 4.3 billion (USD 136 million) while exports totaled USD 262 million. Sisecam produced 1.3 million tons of glass, 1.2 million tons of soda ash, and 0.87 million tons of industrial raw materials in the same period.
USD 114 million investment in three coated glass lines
In 2024, Sisecam entered the year with a decision to invest in three new coated glass lines with a total capacity of nearly 20 million ...