Chemical Company Grows with 100% Domestic Capital and R&D

GREEN Chemicals, established in 1995 with entirely domestic capital, has been serving multiple sectors with chemical products for 22 years and continues to expand its product and service range through continuous R&D investments, increasing both capacity and turnover. With headquarters and production facilities based in Gebze on 12,000 square meters, the company manufactures water treatment, metal surface treatment, petroleum, geothermal, mining, wastewater and adhesive chemicals. It has annual production capacity of 50,000 tonnes and storage capacity of 7,000 pallets, while also establishing a presence in international markets. Selected as the Most Successful Chemical Company in the entire Marmara Region by the Kocaeli Chamber of Industry in 2015 and 2016, GREEN Chemicals established its R&D center in 2017 and plans further investments in 2018 with a sustainability-focused approach.

Invested 6% of Capital in R&D, Increased Revenue 15%

Operating with a mission to reduce the country's foreign dependence, the company became part of Turkey's total of 411 R&D centers and took its place among 21 R&D centers specifically active in the chemistry sector in 2017. Conducting R&D work in 8 different product groups—water treatment, wastewater treatment, oil and gas, adhesives, metal surface treatment, mining, geothermal and industrial water treatment automation—the company manufactures approximately 1,200 different products in addition to its automation device named TreatON®. Having increased its revenue by 15% in 2016, GREEN Chemicals provides services to refineries, oil production fields, natural gas and coal power plants, iron and steel industry, food and beverage industry, automotive and sub-industry, general industry, metal processing industry, treatment facilities, textile and ceramic sector, packaging and paper industry as well as facilities with stacks and tourism establishments, municipalities, hotels, shopping centers and residential complexes classified as facilities without stacks.

Annual Growth Target of 40% With Environmentally Conscious Approach

GREEN Chemicals Deputy General Manager Cengiz Ay, noting that the company pursues an environmentally conscious policy and respects the environment, stated that they received an award for their projects at the Carbon Footprint Seminar in 2016 and added the following to his remarks: "We have determined our production policy in a way that protects nature. Our R&D unit continuously works on environmentally friendly product manufacturing and water recycling. In 2016, despite the difficulties encountered, we increased production volume by 25% and revenue by 15% compared to the previous year. Through our investments, we have begun manufacturing domestically some product groups that were previously imported. As a result of R&D efforts, we aim to develop high value-added products that will increase our competitiveness in the global market. We target a minimum annual growth of 40%. To gain competitive advantage in domestic and foreign markets, by incorporating innovative products from our research and development department into our company, maximizing our competitive strength, we are pursuing market leadership not only in water treatment chemicals but in all our areas and creating sustainable advantages. Finally, we are considering investments in North Africa, Russia and Iran regions. Our investments in these regions will be commissioned approximately 2 years later. When these are completed, we will have reached our 100% target," he said.