Akcoat to Invest $18 Million

Akcoat to build factory in Izmir with USD 18 million investment budget. The new factory will produce ceramic and composite frit as well as granilla. Çağrı Büyükdüvenci, Technology and Production Director of Akcoat, stated that the factory, which is targeted to start production in 2023, will have advanced technological applications and will contribute to reducing import dependency. Chemical coating materials manufacturer Akcoat started 2022 with a new investment move. The company, which produces in 5 main groups including enamel, ceramic, non-stick and decorative coatings as well as pigment and glass coatings, is planning to put a new factory into operation in Izmir. The new facility, planned with an investment budget of USD 18 million, will produce 75,000 tonnes of ceramic frit and 25,000 tonnes of composite frit as well as 1,000 tonnes of granilla annually.

Production to start in 2023

The factory, to be built on a 30-decare area, will feature 5 advanced technological kilns operating with high efficiency and will utilize Industry 4.0 applications. With the factory planned to start production in 2023, Akcoat will have production facilities in Izmir in addition to Sakarya and Valencia, Spain. Çağrı Büyükdüvenci, Technology and Production Director of Akcoat, said the investment aims to meet domestic demand while reducing import dependency.

Innovative production supporting exports to the economy

Stating that the new factory will serve ceramic manufacturers primarily in Izmir and surrounding provinces as well as throughout Turkey and abroad, Büyükdüvenci said: "We are excited to bring another investment to the agenda focused on research and development, innovation and digitalization. With our new facility featuring the Industry 4.0 concept, we will continue to provide innovative solutions to our global business partners spanning 6 continents and more than 65 countries, from white goods and glass industries to ceramic tiles and kitchenware as well as digital printing inks. As we move toward our world leadership goal, we will add value to the Turkish economy through production and exports while contributing to the reduction of import dependency."